Skip to main content
The Actuary: The magazine of the Institute and Faculty of Actuaries - return to the homepage
Visit The Actuary Magazine on Facebook
Visit The Actuary Magazine on LinkedIn
Visit @TheActuaryMag on Twitter
Visit the website of the Institute and Faculty of Actuaries
Predictions by The Actuary
People & Social News
Japan suffers low insurance protection despite frequent earthquakes
The earthquake insurance penetration level remains fairly low in Japan despite its frequency for such disasters, according to Impact Forecasting, Aon Benfields catastrophe model development team.
Monday 9th May 2016
General insurers 'resilient' to market-wide scenarios, PRA says
General insurance firms are resilient against events that affect the market, according to a stress test conducted by the Prudential Regulation Authority (PRA).
Tuesday 26th April 2016
Global reinsurance capital reduces by 2% in 2015
Total global reinsurance capital stood at $565bn (£399bn) at 31 December 2015, down by 2% from 2014, as estimated by Aon Benfield.
Wednesday 6th April 2016
Flood Re receives regulatory approval
Reinsurance scheme Flood Re has been authorised to operate by the Prudential Regulatory Authority and the Financial Conduct Authority with effect from today.
Friday 1st April 2016
Solvency II: PRA warns firms against using reinsurance to ease capital demands
Life insurers should not transfer longevity risk to reinsurers in an attempt to lower capital requirements under Solvency II, according to the Prudential Regulation Authority (PRA).
Thursday 18th February 2016
Flood Re releases first transition plan
Reinsurance scheme Flood Re has unveiled its first plan detailing how it will work with partners to enable lower prices and excesses to be offered to consumers by the time it comes to an end in 2039.
Friday 12th February 2016
London has potential to take leading position in Islamic insurance sector
Islamic insurance offers London a chance to become a leading global Islamic financial centre outside Islamic nations, but products need to be Shariah-compliant, an event was told.
Wednesday 9th December 2015
Solvency II: 19 UK insurers get green light for internal models
Aviva, Prudential and Society of Lloyds are among a group of UK large insurers to have secured approval from the Prudential Regulation Authority (PRA) to use internal or partial internal models under the Solvency II directive.
Monday 7th December 2015
BoE to name insurers that can use internal models for Solvency II
The Bank of England (BoE) has announced that tomorrow (5 December) it will publish a list of insurers whose internal or partial internal models have been approved for Solvency II.
Friday 4th December 2015
Bermuda gains full Solvency II equivalence
Bermuda has been granted full equivalence by the European Commission (EC) to comply with the Solvency II directive.
Monday 30th November 2015