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People & Social News
Insurers' investment hopes plummet
Insurers are increasingly worried that their investments will not achieve desired returns amid rising equity market volatility and risk, a global survey has found.
Friday 30th November 2018
Pension industry split on how to deal with GMP equalisation
The pension industry is split on how to deal with guaranteed minimum pensions (GMP) equalisation following a landmark ruling that could add billions to UK schemes liabilities.
Wednesday 28th November 2018
Financial institutions failing to unlock risk management benefits
Half of financial institutions with less than $250bn (£196bn) in assets are failing to use operational risk management (ORM) to inform their business strategies, a survey by KPMG has found.
Tuesday 27th November 2018
Cyber attacks ranked the most worrying threat facing senior managers
Cyber attacks and data loss have overtaken regulation as the number one threat facing senior managers across the world, a survey of 161 business leaders has revealed.
Monday 26th November 2018
Insurance firms set to splash out on actuarial consultants over 2019
More than half of the UKs leading life insurance companies expect to increase their spending on actuarial consultants over the next year, a survey has found.
Friday 23rd November 2018
Businesses only win a 'disturbing' one in three disputed insurance claims
UK companies are left with few options when their insurer refuses to payout on a claim, with policyholders only winning around one in three disputes over the last five years.
Thursday 22nd November 2018
Global InsurTech investments hit record high
Insurance technology start-ups have already attracted more investments in 2018 than they did over the whole of last year, setting a new record for deal volume in the process.
Wednesday 21st November 2018
Slump in fiduciary market growth recorded
The number of UK defined benefit pension schemes using fiduciary management rose by 9% over the 12 months leading up to June this year the lowest increase recorded since 2008.
Tuesday 20th November 2018
European insurance outlook remains stable
Solid economic growth and gradually rising interest rates will create a stable environment for Europe's insurance industry over the next year, Moody's Investors Service has predicted.
Monday 19th November 2018
Californian wildfires to cost insurers up to $13bn
This month's deadly Californian wildfires are set to cost insurers up to $13bn (£10bn) amid widespread property damage and business interruption, risk modelling experts RMS estimate.
Monday 19th November 2018
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