What might prudential regulation look like under Brexit?


Whatever your opinions on Solvency 2, it is unlikely anything will change fundamentally. This is not just because the industry has spent huge amounts of money and is chronically sick from continual regulatory change, but also because it will be vital for an independent UK to gain equivalence. Having already implemented Solvency 2 and been at the heart of EIOPA it would seem difficult for the EU to not grant this important status, even if there was political opposition.

The clock is ticking: Time to move on Data Protection

The clock is ticking. It’s been a long time coming, but the European Parliament’s passing of the EU General Data Protection Regulation finally gives insurers a deadline: 25 May 2018. From then, breaches of the new requirements will mean penalties up to four per cent of global turnover or €20 million – whichever is higher. That compares with a maximum of just £500,000 from the Information Commissioners Office in the UK today.

Anything you can do, AI can do better: Machine Learning

The insurance industry has long used data & analytics as part of their business models, going back centuries. However, Machine Learning or Artificial Intelligence (AI) represents a transformative sea change, with the power to redefine insurance.

Caught on camera: your customers on connected insurance

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Wed, 27 Jul 2016 U.N. calls for humanitarian truce in Yemen's Taiz province
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Wed, 27 Jul 2016 No aim to 'perpetuate military rule' with Thai charter; ex-PM rejects it
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Lifestyle Actuary

The trappings of fast paced city lifestyles rarely take into account the charm and elegance that a room, a dinner or a cup of tea can afford; characteristics lost to a by-gone era of debutante balls and black tie for dinner.

The Luddite

Sam Richardson looks into the up and coming and the outgoing of the technology and gadgetry world in 2014.

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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