Brexit – 5 key priorities for Insurers

It is still early days, but the recent Brexit vote presents us with uncertain times ahead. Below I have set out some practical ideas for insurers to consider while the dust settles. 1.  Impact of FX movements on business plans, balance sheets and internal models.  Whenever there is a significant FX swing, particularly between Sterling… Continue reading>

PRA Consultation Paper CP7/14

Solvency II: calculation of technical provisions and the use of internal models for general insurers This consultation paper was issued by the PRA in March 2014.  It is a short, accessible read and contains several helpful pointers to firms as they prepare for Solvency II.  The scope of the note is the set of general… Continue reading>

Advisor rotation

This article is about whether audit and actuary rotation need to be items on a CRO’s agenda Most insurance organisations have had the same auditing firm for many years. Very few audits are actually put out to tender. As far as we can tell, in only 3 countries is there a mandatory requirement to change… Continue reading>