You must have heard about Climate Change lately – it has made an appearance in various publications from the PRA, FCA and EIOPA. Here at BW, we’ve been giving it a lot of thought too!
See the key findings of our recent ‘Perspectives on Value’ report, which canvasses 100 leading voices from 45 UK life insurance firms.
On 14 November 2018, the IASB announced a deferment of the IFRS17 implementation date by a year, with some still calling for a two year delay. This coming so closely after the implementation of Solvency II has meant that most European firms are now exhausted and/or reluctant to consider any major operational changes arising from IFRS17 in the first instance.
With-profits funds offered by UK insurers have had a poor reputation since the near-collapse of Equitable Life, with many depicted as “zombie” funds producing poor investment returns. But, this just isn’t the case for the majority of funds.
Embracing ecosystems, cutting costs with technology - and the importance of creating “fans”. Cherry Chan, head of general insurance consulting, shares key takeaways from one of the leading events in insurtech and innovation in insurance.
Important and material information is easily lost in long, technical and “boring” actuarial reports. These are not only tedious to write, but cause report users to lose the will to live!
The current economic climate is causing economists to disagree wildly on the future. Head of Insurance, Scott Eason, reports from our Investment Conference.
The Packaged Retail and Insurance-based Investment Products (PRIIPs) regulations came into force on 1 January 2018, requiring all providers of PRIIP providers to have a Key Information Document (KID) available online from 3 January 2018.
Is the tax man at it again? This blog looks at the removal of capital gains indexation allowance from 1 January 2018.
The House of Commons Treasury Committee published its report on “The Solvency II Directive and its impact on the UK Insurance Industry” on 25 October 2017. Our latest blog looks at the Committees 'shopping list' of topics that it wants the PRA to explore.