In this issue, we look at the weather. James Rakow draws on information presented in our recent seminar on the domestic household insurance market and summarises how recent years have been affected by adverse weather and the impact on insurers.
On 28 August 2012 the FSA issued a consultation paper on its Review of the Client Money Rules for Insurance Intermediaries (CP12/20) which contains various proposals for changes to the Client Assets rules.
Non-life insurers In this edition James Rakow and Julian Leigh review the state of the motor insurance market, in particular commenting upon the underwriting results and the main divers impacting those results.
Non-life insurers Ian Clark reviews the current trends focussing on a perceived flight to scale by market participants and the impact on those listed insurers operating at Lloyd’s and the Bermudan market.
Non-life insurers In this edition, we explore some of the common challenges faced by firms in meeting FSA requirements and look to the future of client money regulation in the context of wider changes in the regulatory environment.
Non life insurers On 14 April 2011, the consultation period closed on the HM Treasury’s discussion paper entitled ‘A New Approach to Financial Regulation: Building a Stronger System (Cm 8012)’, published in February 2011.
Life insurers As European insurers, and many beyond Europe, invest increasing time and energy complying with Solvency II and IFRS 4 Phase II, this April edition considers what will become of Embedded Value reporting.
Non-life insurers Focused on information leakage and data security, this edition explores: the challenge posed by managing sensitive data, the steps to understand its nature, and the tools to understand and mitigate any data loss.
Life insurers This edition explores Target Operating Models, considering: the drivers and the benefits of engaging one, recommended content and possible architecture, and the key elements to ensure a successful implementation.
Non-life insurers We look at the way internal audit can assist management in gaining assurance over current Solvency II implementation projects and consider the subsequent challenges facing this critical component of the governance framework.
Non-life insurers In this edition, we look at claims leakage and consider the estimated cost for UK insurers. We also look at the benefits of performing an annual Closed Claim File Review to quantify and control claims leakage.
Non-life insurers In this month’s edition we look at some of the regulatory challenges the insurance industry is facing, including: the FSA’s client money framework; Threshold Condition 4; and the Bribery Act.