News

• Dutch court orders Ageas to repay $1.5bn over Fortis collapse

  16 July 2018

  The verdict marks the largest ever settlement issued in European securities

• UK car insurance premiums at their lowest price since 2014

  16 July 2018

  Expected increase to Ogden rates helps insurers cut prices

• UK Defence Club picks Cyprus as EU base post-Brexit

  16 July 2018

  UK insurers expanding to Continent wrote £4bn in EU ex-UK in 2017

• PRA sets out MA concerns and future projects

  13 July 2018

  Letter to chief actuaries says also discusses internal models, stress testing and fundamental spread

• Cat modelling firms facing renewed pressure on loss estimates

  13 July 2018

  JLT Re urges cat modellers to strengthen authority over post-event loss forecasts

• IFRS 17 is complex but necessary – A.M. Best

  13 July 2018

  The new accounting standard will increase volatility in insurers’ results

• High-res flood data is cat modelling's third disruptive wave - Muir-Wood

  13 July 2018

  After the ‘Class of 93’ and the cat bond revolution, the ability to calculate building-level flood risk costs is causing a re-evaluation of flood insurance

• Insurers a distant second to banks in smart automation

  12 July 2018

  CapGemini survey calculates $269bn revenue win for wide implementation

• UK asks EU for different third-party equivalence regime after Brexit

  12 July 2018

  British government proposes an “enhanced” version due to markets’ interconnectedness

• UK regulator warns of insurance data pitfalls

  12 July 2018

  FCA chief Charles Randell spoke of how big data could negatively impact the insurance industry