Artemis Financial

Economia November 2018 The standard setter has deferred the effective date for International Financial Reporting Standard (IFRS) 17 – Insurance Contracts – to annual periods beginning on or after 1 … Find out more…

The Actuary  May 2018 The overwhelming majority of UK insurers believe the incoming reporting standard IFRS 17 will be more costly than the Solvency II directive, new research has found. A … Find out more…

The Insurance Insider  March 2018  The Lloyd’s market made a £2bn ($2.8bn) pre-tax loss in 2017 as £4.5bn of major claims took their toll. The market made its first underwriting … Find out more…

The Insurance Insider  February 2018 The International Underwriting Association (IUA) is seeking regulatory leeway on a proposed threshold after which European carriers with consumer-facing operations would have to convert their … Find out more…

The Insurance Insider  February 2018 Lloyd’s has estimated that male employees across the Corporation are paid 27.7 percent more on average than female staff. The Corporation published its gender pay … Find out more…

BBC News  January 2018  Image copyrightGETTY IMAGESImage captionMany firms are panicking as cyber-attacks and regulatory fines threaten profits With cyber-attacks increasing in frequency and severity, many companies are turning to … Find out more…

The Actuary January 2018  The vast majority of insurance companies worldwide are not prepared for the incoming accounting standard IFRS 17, despite recognising the significant risks it poses to their … Find out more…

The Insurance Insider  December 2017  The CFO of Munich Re has become the latest senior (re)insurance executive to criticise the incoming IFRS 17 global insurance accounting standard. IFRS 17, which … Find out more…

Insurance Insider  November 2017  The US property and casualty sector slumped in the first nine months of the year to deliver a $20bn underwriting loss after a trio of hurricanes … Find out more…

Insurance Insider November 2017 Liability insurers are facing a huge increase in potentially silent exposures as a result of the increased litigation and compensation claims expected following implementation of the … Find out more…

Insurance Insider  October 2017 Lloyd’s has filed an application with the Belgian regulator to form an insurance company that will allow it to continue to write European Economic Area business … Find out more…

Insurance Insider  September 2017  UK carriers looking to establish EU subsidiaries for Brexit face less room for manoeuvre after the European Commission (EC) issued plans to bolster the bloc’s financial … Find out more…

Insurance Insider  September 2017 Hurricane Irma generated about $25bn in insured losses, including $18bn in the US and $7bn in the Caribbean, Karen Clark & Company estimated today. Included in … Find out more…

Insurance Insider  August 2017  Charles Taylor InsureTech has emerged as the preferred partner in a project that will radically reshape the way cover holders pass data to London market carriers, … Find out more…

The Insurance Insider  30th June 2017  The head of insurance supervision at UK regulator the Prudential Regulation Authority (PRA) has said the watchdog would probe deeper into the impact of … Find out more…

Insurance Insider  June 2017 Lloyd’s CEO Inga Beale has signalled that the Corporation will shift its syndicate oversight activity to focus on all elements of the combined ratio, rather than … Find out more…

The Actuary  13th June 2017  The new accounting standard for insurance contracts, IFRS 17, will have wide-ranging implications for (re)insurers, and many firms are preparing for significant changes to their … Find out more…

Insurance Insider 6th June 2017 The EU securities and markets regulator has warned national watchdogs against companies hoping to set up thinly staffed “brass plaque” entities ahead of Brexit. In … Find out more…

Insurance Insider  5th June 2017 Lloyd’s performance management director Jon Hancock has said he expects the market to shrink for the next two years, as the Corporation takes a tough … Find out more…

Insurance Insider 22 May 2017 AM Best has said it will not directly use Solvency II results in its rating assessments over concerns the regime does not provide an accurate … Find out more…

Insurance Insider  May 2017 Insurers implementing the International Accounting Standards Board (IASB)’s new IFRS 17 will find the process a major challenge due to the huge scale of the operation, … Find out more…

The Insurance Insider March 2017 Lloyd’s decision to locate its post-Brexit EU subsidiary in Belgium reflected the market’s need for a regulator that had a high standing, as well as … Find out more…

The Insurance Insider March 2017 Lloyd’s has made a surprise decision to locate its new EU subsidiary in Belgium’s capital city Brussels, The Insurance Insider can reveal. The Lloyd’s Franchise … Find out more…

The Insurance Insider October 2016 The potential end to passporting services for UK-based companies in the wake of Brexit puts £7.34bn ($8.96bn) of London premium at risk, according to the … Find out more…

The Insurance Insider September 2016 Lloyd’s CEO Inga Beale played down the challenge to the market’s prospects posed by the pending Brexit, describing the outcome of the recent referendum as … Find out more…