Insurers are increasingly worried that their investments will not achieve desired returns amid rising equity market volatility and risk, a global survey has found.
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.
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.
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.
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.
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.
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.
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.
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.
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.