General Insurance

UK car insurance prices are the lowest they have been for five years following a significant drop in claims during successive lockdowns, new analysis has revealed.

Rising risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines are forecast to push total premium volumes 10% higher than pre-COVID-19 levels this year.

Actuaries can play a major role in helping decentralised financial technologies reach their full potential, says Zhixin Li

Darshan Purmessur and Haedeh Nazari examine the potential scenarios arising from COVID-19 in different insurance classes, and the importance of stress and scenario testing

Alastair Black looks at how the increasing use of analytics is affecting life insurance pricing

Edward Plowman explains some of the developments currently taking place in insurtech, and why actuaries must embrace this change if they are to succeed

Nikolaos Kefallinos discusses the development of national no-claims discount schemes, and their contribution to public road safety

The Institute and Faculty of Actuaries (IFoA) has called for an increased focus on consumer fairness when pricing home and motor insurance products in the UK.

The Financial Conduct Authority (FCA) must consider how its new pricing rules for insurance may inadvertently leave consumers without coverage, the Institute and Faculty of Actuaries (IFoA) has said.

Peter Towers and Justin Thomas explain the falling popularity of PPOs in claim settlements, and their implications for insurers