Lords urge government to scrap triple lock & more…Keep up to date with the latest actuarial news round-up…

Californian insurance commissioner refuses to mandate climate risk disclosures

Californian insurers will not be forced to disclose their fossil fuel business after insurance commissioner Ricardo Lara yesterday rejected a petition from more than 60 public interest groups.

Lords urge government to scrap triple lock

The government should consider scrapping the triple lock for state pensions in favour of uprating the state pension; in line with average earnings, a House of Lords committee has said.

Total reinsurance capital drops in 2018, but alternative capital keeps rising: Willis Re

While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by Willis Re.

Philip Morris enters UK insurance market

Marlboro maker Philip Morris has launched an insurance subsidiary in the UK that promises to slash premiums by half under on condition.

WTW partnership targets societal resilience against emerging forms of warfare

Global insurance and reinsurance broker Willis Towers Watson has partnered with British defence and security think tank the Royal United Services Institute (RUSI) on a four year-long programme designed to strengthen societal resilience to emerging forms of warfare.