News

  • Tryg cuts SCR despite massive cyber boost

    11 July 2017

    2,800 cyber policies sold in Q2 following WannaCry attack

  • UK motor premiums rise almost £100m after Ogden rate cut

    10 July 2017

    Benefits from whiplash reforms could be wiped out if Ogden bombshell is not defused, says ABI

  • Insurers gaming the rules on unit-linked business, says PRA chief

    10 July 2017

    Some insurers amending existing contracts to boost solvency ratios, says Sam Woods

  • Sovereign-owned insurer withdraws SFCR to amend mistakes

    07 July 2017

    Republishes pillar III document with restated figures for 2016 and 2015

  • PRA clarifies position on longevity risk transfer

    07 July 2017

    Not opposed to longevity reinsurance as long as risks are properly managed

  • PRA to attempt greater SFCR consistency

    07 July 2017

    Changes in SCR should be broken down into changes in capital, risk assumptions and modelling, says David Rule

  • PRA to update quantitative indicator framework to reflect higher mortality

    07 July 2017

    Firms should however recognise that longevity data can be volatile, says David Rule

  • Norway's Protector predicts £50m loss from Grenfell Tower

    07 July 2017

    Figure more than double original estimate

  • Few insurers to adopt PBR during transition period

    06 July 2017

    US principle-based reserving becomes mandatory in 2020

  • German life firms relying heavily on realised gains to meet policyholder promises

    06 July 2017

    Industry would have made 3.4% return last year without harvesting bond gains, GDV finds