Motor Insurance

Tesla’s Phantom Brake Problem Could Destroy Risk Pricing by Data

Straight talking from the Editor’s keyboard; The problem with Tesla’s automated collision avoidance braking system activating by itself has been around for some time, but recently the mainstream media has reported on it in more […]

News

Deals: Aon Snaps Up Tyche Platform

Aon plc (NYSE: AON), a leading global professional services firm, today announced it has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. The transaction significantly expands Aon’s existing capabilities to help re/insurer clients […]

News

Does Levelling Up Create an Opportunity For Insurers?

Some reaction to the Government’s push on their `Levelling Up’ agenda; Responding to the UK Government’s plans on levelling up, Louise Pryor, President of the Institute and Faculty of Actuaries, said: “It is right that today’s White […]

Insurance claims

Claims: Building Repair Costs Are Rising

Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions has released its Q1 UK building repair cost review which details how the pandemic has exacerbated issues within the construction industry and includes […]

Emerging Risk

Actuarial: Thematic Review Published Today

The professional standards and education syllabus which support actuaries involved in pricing for the UK home and motor insurance market should have an increased focus on consumer fairness. Given the increasingly complex use of data […]

Life/Health/Critical illness

Life & Pensions: CMI Publishes Mortality Rates for UK

The Continuous Mortality Investigation (CMI) has released the latest annual update to the CMI Mortality Projections Model, CMI_2020. Mortality rates in England and Wales in 2020 were on average 12% higher than in 2019 because […]

Underwriting transformation

New RNA Analytics Report Looks at Modern Actuarial Functions

RNA Analytics, a global leader in actuarial and risk management today launches new report titled ‘The Modernization of the Actuarial Function’, which dissects a rapidly changing industry and the role of the actuary today. With […]