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The Actuary February 2019

Issue date: February 2019

In this issue...

2

Financial sector pulls funding for coal projects once every two weeks

Insurers, banks and other financial institutions across the world have announced 33 restrictions on funding for the coal sector since the start of 2018, new research has found.
Thursday 28th February 2019
Open-access content
2

Mutual insurance sector growth outstrips industry total

The mutual and cooperative insurance market has been the fastest-growing part of the global industry since the financial crisis, new research has uncovered.
Wednesday 27th February 2019
Open-access content
2

UK drivers caught in £1.2bn insurance 'loyalty trap'

Millions of British drivers are automatically renewing their car insurance every year and overpaying by £1.2bn as a result, research by GoCompare has revealed.
Tuesday 26th February 2019
Open-access content
2

New standards published for professional pension trustees

All professional pension trustees in the UK will be expected to abide by a new set of standards to demonstrate that they have a higher level of expertise than other trustees.
Tuesday 26th February 2019
Open-access content
2

IFoA proposes new model for equity release mortgage calculations

The Institute and Faculty of Actuaries (IFoA) has proposed a new model that better reflects historic UK house prices for equity release mortgage calculations.
Monday 25th February 2019
Open-access content
2

Insurers publish new guide to help mitigate climate risks

A group of leading global insurers has today published a practical guide to help investors better understand how climate change could impact their portfolios.
Friday 22nd February 2019
Open-access content
2

Self-driving cars cannot yet be considered 'autonomous' - ABI

Car manufacturers must not be able to describe their vehicles as autonomous if drivers are expected to handle emergencies, the Association of British Insurers (ABI) has warned.
Friday 22nd February 2019
Open-access content
2

Insurers looking to mirror Amazon's 'customer obsession'

The success of Amazon, Airbnb and other digital businesses has forced insurers to make radical technological changes as they aim to satisfy evolving customer expectations.
Thursday 21st February 2019
Open-access content
2

Four-fold increase in AI cost savings forecast for insurers

Artificial intelligence (AI) is set to have a “highly disruptive” impact on insurance claims management worldwide, leading to a more than four-fold increase in cost savings.
Wednesday 20th February 2019
Open-access content
2

Investors report growing interest in sustainable development

Environmental, social and governance (ESG) issues are becoming increasingly important to investors worldwide, an annual survey by PricewaterhouseCoopers (PwC) has found.
Tuesday 19th February 2019
Open-access content

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