Life insurance

By John Bolger, Andrew Kay  |  22 May 2018

At the Society of Actuaries in Ireland’s Annual Convention, Andrew Kay discusses IFRS 17, sharing some insights about practical issues and implementation challenges, including possible synergies with Solvency II.

By Mike Claffey, Eoin King  |  15 May 2018

The Isle of Man regulator is consulting with industry on introducing the ORSA as a new regulatory tool for local insurance and reinsurance companies. In May 2018 Mike Claffey and Eoin King presented to the Manx Actuarial Society on the Irish experience of the ORSA under Solvency II.

By Barry Murphy, Cormac Gleeson  |  26 April 2018

Undertakings completing their second full year of Solvency II reporting are required to submit four additional reporting templates, which weren’t required for the inaugural submission.

By Cormac Gleeson, Ellen Matthews, Bridget MacDonnell, John Mulvihill, Eamon Comerford, David Burston, Jeffrey A. Courchene, Vincent Robert  |  03 April 2018

This update summarises the key feedback received by the European Insurance and Occupational Pensions Authority regarding the final report and the impact, if any, that it has had on the proposals made in the Consultation Paper.

By Thomas Bulpitt, Andrew Gilchrist, Andrew Kay  |  08 March 2018

This paper focuses on the approaches available under IFRS 17 for the derivation of the discount rates for use in the various calculations required by the Standard.

By Mike Claffey  |  07 March 2018

Mike Claffey discusses hot topics for year-end 2017.

By Bridget MacDonnell  |  07 March 2018

Bridget MacDonnell discusses regulation themes for 2018, including recovery and resolution planning, conduct risk and CBI risk culture assessments.

By Michael Culligan  |  07 March 2018

Michael Culligan discusses the key issues for 2018, including IFRS 17 implementation and the 2018 regulatory agenda.

By Takanori Hoshino, Kurt Lambrechts, Sjoerd Brethouwer, William C. Hines  |  01 March 2018

While IFRS 17 provides little guidance about coverage units, insurers may be able to find quick but reasonable choices from current modeling philosophy or certain existing standards such as U.S. GAAP.

By Wouter van Goudoever, Peter Franken, Nicholas Batens, Moussa Ouédraogo, Olivier Mahieux  |  11 February 2018

This report provides a summary of the key solvency information on the main life and non-life insurance entities in Luxembourg based on Solvency and Financial Condition Reports as per year-end 2017.

By Kurt Lambrechts, Moussa Ouédraogo, Dominik Sznajder, Tim Vandenabeele, Peter Franken, Kamiel van Langen  |  26 January 2018

This report is a summary of the Solvency and Financial Condition Reports for the main players in the life, non-life and health insurance business in Belgium, focussing on a subset of insurers in the Belgian market.

By Stuart Reynolds, Neil Christy  |  26 January 2018

This report analyses the European life insurance market, covering 200 companies from 13 countries and representing approximately £422 billion of Gross Written Premium and approximately £4,175 billion of gross Technical Provisions.

By Padraic O'Malley, Andrew Kay  |  25 January 2018

The loss absorbing capacity of deferred tax (LACDT) is one of the key elements of a company’s Solvency Capital Requirement (SCR).

By Henny Verheugen  |  22 January 2018

This article discusses the possible implications of each of the three approaches to transition to IFRS 17 and why insurers will need to choose their options carefully.

By Kurt Lambrechts, Moussa Ouédraogo, Kamiel van Langen, Peter Franken  |  22 January 2018

This report summarises the Solvency and Financial Condition Reports of the main players in the life and non-life insurance business in Luxembourg.

By Carl A. Friedrich, Susan J. Saip  |  19 January 2018

A 2017 Milliman survey of key life insurance industry competitors captured historical data and company perspectives on a range of term life insurance issues.

28 December 2017

Automated underwriting and new data sources are making insurance possible for many people who would previously have found it too expensive – or even not available at all.

28 December 2017

Big Data can now provide you with the most likely scenario of how and when you will meet your end. So what will it mean for the future of risk management and lifestyle planning?

By Ellen Matthews, Sinéad Clarke  |  08 December 2017

To help prepare for Solvency II reporting throughout 2018, we have prepared a briefing note detailing Solvency II reporting deadlines in 2018 and the changes in the reporting framework relative to the previous year.

By Sinéad Clarke  |  07 December 2017

This analysis of European life insurers’ first set of Solvency and Financial Condition Reports covers 200 companies from 13 countries, representing approximately €475 billion of gross written premium and approximately €4,700 billion of gross technical provisions.