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Life and health insurers and reinsurers are taking a growing interest in data science.

In the opening edition, we firstly revisit the rules in specifying the risk-free rate term structure, which forms a fundamental part of the calculation of Technical Provisions (TPs).

In the second edition, we will look at another fundamental part of the specification of risk-free rates used in liability valuation, the Volatility Adjustment (VA).

In July 2018, the European Insurance and Occupational Pensions Authority (EIOPA) issued a discussion paper on resolution funding and national Insurance Guarantee Schemes (IGSs) across the EU.

In this briefing note, we summarise the Central Bank of Ireland’s planned reforms, which are relevant to both domestic and cross-border insurers.

In this briefing note, we summarise the European Insurance and Occupational Pensions Authority’s recent work on big data, including its launch of an industry survey as part of the thematic review.

Conduct risk management is still evolving, and this paper looks at recent and ongoing developments from around the globe.

In this short paper, Kevin Manning, Eamonn Phelan and Scott Mitchell explore the re-emergence of ILS in the life industry and the benefits ILS can bring for life insurers and reinsurers in the context of the evolving regulatory and accounting environment and an increasing focus on pro-active management of risks, capital and liquidity.

Manual models and processes are sometimes unavoidable; thus, where these are present in a reporting framework, (re)insurers should take care to ensure that sufficient controls and governance are in place to mitigate the risks associated with such models.

EIOPA’s thematic review of consumer protection issues in the EU unit-linked market highlights a number of potential issues for consumers of unit-linked products and considerations for undertakings that provide these products.