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UK car insurance premiums up by 6%

UK car insurance premiums up by 6%

Car insurance prices have increased by 6% over the last year, with UK motorists paying an average of £32 more today than they were 12 months ago.
General Insurance
Wednesday 27th July 2022
Open-access content
IFoA responds to plans for Solvency II reforms

IFoA responds to plans for Solvency II reforms

The Institute and Faculty of Actuaries (IFoA) has welcomed the UK government's plans for reforms to Solvency II regulation, but has recommended an alternative approach to the fundamental spread methodology.
Investment
Regulation Standards
Tuesday 26th July 2022
Open-access content
Consultation on DB funding rules launched

Consultation on DB funding rules launched

The UK's Department for Work and Pensions (DWP) has today launched a consultation on measures to boost protections for members of defined benefit (DB) pension schemes.
Pensions
Tuesday 26th July 2022
Open-access content
England and Wales see return of 'excess' deaths in second quarter

England and Wales see return of 'excess' deaths in second quarter

Mortality in England and Wales was around 5% higher in the second quarter of this year than during the corresponding three months of 2019, signalling a return of 'excess' deaths.
Health care
Wednesday 20th July 2022
Open-access content
Insurers failing to adequately assess cyber risks

Insurers failing to adequately assess cyber risks

Three-quarters of insurers across the US and UK agree that their inability to accurately understand customers' security posture is impacting cyber insurance price increases, a survey has uncovered.
Risk & ERM
Global
Technology
Tuesday 19th July 2022
Open-access content
Spike in pension schemes incorporating ESG factors into default funds

Spike in pension schemes incorporating ESG factors into default funds

The number of FTSE 350 defined contribution (DC) schemes that have incorporated environmental, social and governance (ESG) factors into their default investment funds has increased by almost half since last year.
Pensions
Investment
Environment
Tuesday 19th July 2022
Open-access content
Nearly half of Japanese workers to be aged 50+ by 2035

Nearly half of Japanese workers to be aged 50+ by 2035

The Japanese government should do more to support older workers in the country, with almost half of the workforce set be aged 50 and over by 2035, a think thank has suggested.
Global
Health care
Tuesday 19th July 2022
Open-access content
World's largest insurers enjoy revenue revival

World's largest insurers enjoy revenue revival

The world's top 20 public insurance companies by revenue witnessed a revival in 2021, as COVID-19 restrictions were eased and global economic activity almost touched pre-pandemic levels.
Global
Wednesday 13th July 2022
Open-access content
Guide launched to help pensions tackle deforestation

Guide launched to help pensions tackle deforestation

A new interactive guide has been launched to provide pension funds with the tools needed to ensure their investments are not driving deforestation worldwide.
Pensions
Investment
Global
Environment
Wednesday 13th July 2022
Open-access content
DB pension scheme deficits cut by almost 70%

DB pension scheme deficits cut by almost 70%

Deficits of UK defined benefit (DB) pension schemes decreased by £56bn last month, signifying an almost 70% reduction, according to analysis by XPS Pension Group.
Pensions
Wednesday 13th July 2022
Open-access content

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