News

  • Nigeria hikes insurance capital by 300%

    21 May 2019

    Naicom says existing companies must comply by June next year

  • IFRS 17 will expose insurers' weak balance sheets in some jurisdictions

    20 May 2019

    But Moody's says IFRS 17 is unlikely to alter its view of insurers' credit ratings

  • Sompo profits rise by 40%

    20 May 2019

    Japanese insurer suffers nat cat losses, but gains from asset sales

  • "Cut the reserves until they squeal"

    20 May 2019

    Christopher Cundy comments on the lessons that should be learned from the accounting and actuarial scandal at UK-based Equity Red Star’s Syndicate 218

  • IASB improves IFRS 17 treatment of deferred annuities

    17 May 2019

    Consultation period cut to 90 days; description of mutual insurers remain but with footnote added

  • Bermuda taken off EU tax blacklist for now

    17 May 2019

    Moved to grey list, given until end of year to comply with tax rules

  • Libor transition risks facing insurers highlighted

    17 May 2019

    Prudential’s SFCR reveals liquidity risk after Libor is discontinued

  • Georgia insurance commissioner suspended over $2m fraud charges

    17 May 2019

    Georgia governor signs executive order to immediately suspend Jim Beck

  • UK insurers reveal priorities in Solvency II review

    16 May 2019

    Pensions superfunds and cyber risk also highlighted among regulatory concerns

  • Insurtech weekly: Munich Re; Willis Towers Watson; OneDegree; Axis; The Floow

    16 May 2019

    Latest news on insurtech funding rounds and collaborations