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IFRS 17 still beset by some uncertainties, says AM Best
Insurance
Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers.   16 September 2019
Insurance
Axco Insurance Information Services (Axco) has partnered with the Pan-Asia Risk and Insurance Management Association (PARIMA) to introduce its regulatory requirement database Insight Risk Manager to PARIMA members.   18 November 2015
Floods cause $8bn damage in March 2019, finds Aon catastrophe report
Insurance
Floods around the world cost the global economy $8 billion in March 2019, according to the Aon Global Catastrophe Recap report.   10 April 2019
Insurance
Industry ‘takes the strain of unparalleled uncertainty’ in the loss environment and the broader economy.   6 January 2021
Insurance
Insurer Rothesay Life is mulling making a £3.5 billion bid for ReAssure, Swiss Re’s UK closed book business, potentially jeopardising plans to list the unit this year, according to reports.   7 January 2019
Insurance
The complexity of climate change combined with models that contain uncertainties is not an excuse to do nothing, says Thierry Cohignac, deputy director of reinsurance and public funds at CCR.   25 May 2022
Insurance
Everest Insurance has promoted Mike Karmilowicz and Dave Sandler to president for specialty and risk management business segments.   28 September 2018
Insurance
Ironshore has expanded its mergers & acquisitions (M&A) team to meet the growing demand in the Americas and develop new solutions to address the complex transactional risks. The company has hired senior executives from Aon, AIG and XL Catlin.   15 June 2018
News
Specialist reinsurance broker Capsicum Re has hired BMS and Accenture executives for its London property and specialty division.   12 November 2018
Insurance
The UK Supreme Court has ruled in favour of the FCA dismissing the insurers’ case.   15 January 2021

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