Publication: Actuarial Post

First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

Global insurance IT spending to reach $104bn by 2018

General Insurance Article - CIOs are expanding their IT budgets to drive a new set of IT priorities as insurance market conditions improve, according to new research by Ovum. In mature markets, there is a focus on improving operational efficiency and ... [Published Actuarial Post - Jul 23 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

Trustees will want to review funding strategy says Xafinity

Pensions - Articles - Xafinity says that trustees will want to review their future funding plans following the announcement that transfers of pension benefits from private sector Defined Benefit schemes to Defined Contribution schemes will continue to ... [Published Actuarial Post - Jul 23 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Schroders top tips for DC schemes after the pension changes

Pensions - Articles - The UK pensions industry has experienced more regulatory change in the past six months than in the previous six years. The Budget and charge cap announcements have significantly changed the framework for defined contribution schemes ... [Published Actuarial Post - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Industry must bridge the pensions knowledge gap

Pensions - Articles - In-depth, qualitative research from Ignition House, commissioned by syndicate members AXA Life Invest, Friends Life, LV= and NEST, has found that UK savers lack basic understanding of how pensions and investments work, but are quick ... [Published Actuarial Post - Jul 22 2014]
Entities: Taxes, Axa, United Kingdom
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Milliman reviews embedded value of major European insurers

General Insurance Article - Milliman has announced the availability of a new report detailing embedded value results for 32 major insurance companies in Europe.The report examines trends among European companies reporting embedded values as of year end ... [Published Actuarial Post - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

European insurers analytics survey indicates progress

General Insurance Article - A new survey from FC Business Intelligence looks at the state of analytics across European insurers and reinsurers.72% of the 165 respondents agreed that "analytics is the biggest game-changer for the insurance industry in ... [Published Actuarial Post - Jul 22 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Asian health care benefits costs stabilize

Life - Articles - The cost of providing employee health care benefits has stabilized around the globe, although a new round of increases may be on the horizon for employers, according to a new survey by Towers Watson. Asia-Pacific employers experienced ... [Published Actuarial Post - Jul 18 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Report indicates life insurers increasing mobile capability

Life - Articles - US life insurers showed continued focus on bulking up distribution capabilities and diversity in the face of strong demand, while at the same time increasing social media and mobile technology capabilities to connect with consumers and ... [Published Actuarial Post - Jul 18 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

US insurers outline factors motivating innovation strategies

General Insurance Article - US insurers are seeking speed and agility throughout their infrastructure for innovative product development and an enhanced customer experience, reveals a survey by SAP. The survey of 200 insurance executives at the IASA Annual ... [Published Actuarial Post - Jul 18 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Kames Capital wins two indirect property mandates

Investment - Articles - Kames Capital has won two further indirect property mandates totalling more than £150 million. These include a £103m portfolio from a corporate pension fund and a further £50m from a university pension scheme.The mandates follow ... [Published Actuarial Post - Jul 18 2014]
First reported Jul 17 2014 - Updated Jul 18 2014 - 2 reports

DC scheme membership could double by 2030 due to AE

Pensions - Articles - The Pensions Policy Institute has published '', a report that analyses the potential effects that employee and employer responses to automatic enrolment could have on scheme membership and the total value of assets in private sector ... [Published Actuarial Post - Jul 17 2014]
First reported Jul 17 2014 - Updated Jul 18 2014 - 1 reports

Govt takes action to modernise 100 year-old insurance rules

General Insurance Article - The government has introduced the Insurance Bill to Parliament, which will support the growth of Britain’s insurance industry and help customers by updating the 100 year-old rules governing contracts between businesses and ... [Published Actuarial Post - Jul 17 2014]

Quotes

...a reality Commenting on the announcement on pension reform by HM Treasury, Jamie Jenkins, Head of Workplace Strategy for Standard Life, said: "This is g The UK pensions industry has experienced more regulatory change in the past six months than in the previous six years. The Budget and charge cap an In-depth, qualitative research from Ignition House, commissioned by syndicate members AXA Life Invest, Friends Life, LV= and NEST, has found that U"
72% of the 165 respondents agreed that "analytics is the biggest game-changer for the insurance industry in 2014/15"
...to implementing cloud across the entire organisation," said Ross Orrett, global head of Insurance Industry Innovation and Development, SAP. "Insurers are becoming more adaptable and laser-focused on meeting changing customer needs. To be innovative in its products and the way it serves agents/brokers and customers to meet these demands, carriers are investing in industrializing the back-end with integrated, agile infrastructure while innovating across these systems."
"We welcome this legislation as it addresses serious shortcomings in the legal framework. The UK is unique amongst advanced economies in that our current legal framework potentially penalises the purchaser of commercial insurance and creates uncertainty over whether policies bought in good faith will pay outout in the event of a claim."

More Content

All (93) | News (93) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Trustees will want to review funding strategy s... [Published Actuarial Post - Jul 23 2014]
Global insurance IT spending to reach $104bn by... [Published Actuarial Post - Jul 23 2014]
Industry must bridge the pensions knowledge gap [Published Actuarial Post - Jul 22 2014]
Schroders top tips for DC schemes after the pen... [Published Actuarial Post - Jul 22 2014]
Milliman reviews embedded value of major Europe... [Published Actuarial Post - Jul 22 2014]
European insurers analytics survey indicates pr... [Published Actuarial Post - Jul 22 2014]
One-off advice at 65 too narrow and late for mo... [Published Actuarial Post - Jul 21 2014]
ACA comments on 'guidance guarantee' [Published Actuarial Post - Jul 21 2014]
Barnett Waddingham welcomes decision on DB to D... [Published Actuarial Post - Jul 21 2014]
LCP comment on Treasury decision [Published Actuarial Post - Jul 21 2014]
Malcolm McLean comments on government and FCA a... [Published Actuarial Post - Jul 21 2014]
Asian health care benefits costs stabilize [Published Actuarial Post - Jul 18 2014]
US insurers outline factors motivating innovati... [Published Actuarial Post - Jul 18 2014]
Report indicates life insurers increasing mobil... [Published Actuarial Post - Jul 18 2014]
Kames Capital wins two indirect property mandates [Published Actuarial Post - Jul 18 2014]
Govt takes action to modernise 100 year-old ins... [Published Actuarial Post - Jul 17 2014]
DC scheme membership could double by 2030 due t... [Published Actuarial Post - Jul 17 2014]
Automatic enrolment: large employers are all in [Published Actuarial Post - Jul 17 2014]
Cash strapped Firms Face Penalty If They Don 0... [Published Actuarial Post - Jul 16 2014]
Partnership Growth Continues For Ageas [Published Actuarial Post - Jul 15 2014]
Budget Changes Lead To More Demand For Financia... [Published Actuarial Post - Jul 15 2014]
Ftse 100 Deficit Improved By 21 Over The Last ... [Published Actuarial Post - Jul 15 2014]
Budget Reforms Under Threat From A Lack Of Pens... [Published Actuarial Post - Jul 15 2014]
More Spending Required For Life Insurers To Mee... [Published Actuarial Post - Jul 14 2014]
Annuity Index Reveals Gulf In Rates [Published Actuarial Post - Jul 14 2014]
Uncertain Investment Environment Boosts Propert... [Published Actuarial Post - Jul 11 2014]
Not for profit Schemes May Pay Millions More To... [Published Actuarial Post - Jul 11 2014]
All You Have To Do Is Ask [Published Actuarial Post - Jul 11 2014]
Uk Car Insurance Prices Remain In Reverse [Published Actuarial Post - Jul 10 2014]
Ageas Responds To The Abi Proposal For Customer... [Published Actuarial Post - Jul 10 2014]
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