A consultation on pushing back IFRS 17 is expected, after the International Accounting Standards Board voted to postpone the implementation of the global accounting standards to 2022.
A panel of independent experts needs to be involved in the first review of the discount rate, argues Brett Dixon, president of the Association of Personal Injury Lawyers.
Regulation might have helped to speed up the evolution of risk modelling but technology advances, especially cloud computing, are now taking this development to the next level. Edward Murray explores the benefits this is bringing and how insurance…
In 2017, the combined underwriting results of the largest 100 UK non-life insurers improved but remained in the red. How well did insurers perform under pressure from strong competition and unfavourable claims trends?
Carolyn Mackenzie, director of complex claims at RSA, argues that whiplash reforms are striking a delicate balance well.
Kennedys experts from around the globe discuss the future of drone regulation
Injuries and damage potentially caused by dogs can be covered by pet or household policies. But there is a market for liability products, if not for owners, definitely for canine businesses
Getting a nasty surprise when the bill arrives is a feeling many of us have experienced. Some insured losses are no different.
The Insurance Distribution Directive brings transparency but also unintended consequences for customers, writes Peter Thompson, group director of insurance distribution and outsourcing at BGL Group.
The government's whiplash reforms discriminate against legitimate claimants, whose rights need to be protected, argues Simon Stanfield, chair of the Motor Accident Solicitors Society.
Here is what risk managers should be looking at when designing a multinational environmental insurance programme, says Suresh Krishnan, head of global accounts division at Chubb Europe.
The Insurance Distribution Directive gives insurers a platform to engage with customers and to do so with transparency, writes Chris Wallace, executive director of Europe at QBE.
The UK is contemplating liability options as it wants to allow satellite launches from its soil.
Vicarious liability's elastic boundaries continue to be stretched, explains David Williams, insurance partner at DAC Beachcroft.
It is unlikely that all robots will require cover, Victor Fornasier and Kathryn Mycock, partner and associate at Hogan Lovells, examine the rationale for compulsory insurance.
A battle is raging over who is liable for costs to replace cladding on high-rise residential buildings across the country
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market
Discount rate and whiplash reforms are going through parliament. Will the outcome be beneficial to all?
The whiplash reform and discount rate change can be positive for customers, but Rob Townend, managing director at Aviva UK general insurance, warns the challenge for the industry will be to demonstrate these measures have indeed benefitted policyholders.
Insurers welcome the whiplash compensation reform introduced in the Civil Liability Bill, while personal injury lawyers warn against its unintended consequences.
The government has been accused of taking a ‘sledgehammer approach’ to personal injury reform as it today introduces the Civil Liability Bill to parliament.
City Minister John Glen is confident the new UK framework for insurance linked securities will help the market grow.
Admiral will aim to open a post-Brexit subsidiary in Spain, the company announced, as it reported a 43% increase in its pre-tax profit last year.
Emerging risks as well as new and upcoming regulations are driving the growth of the Turkish insurance market, explain Pelin Paysal and Ilgaz Önder, partner and associate at Gün and Partners.