Specialist analytics for banking & insurance · London → Bengaluru
Insights & Analysis

Intelligence for the people who carry the risk.

Practising specialists writing for Chief Risk Officers, Chief Actuaries and Directors of Data Governance navigating regulation, capital and AI.

Banking · Cyber resilience

Frontier AI as a cyber resilience risk: what the joint UK regulator warning means for banks

Agentic AI has crossed an operational threshold in offensive cyber. A practical re-read of the FCA, Bank of England and HM Treasury joint statement — and the GTG-1002 disclosure that preceded it.

10 min read · Read the analysis →
Data · AI Governance

Model risk governance for the AI estate: what the FCA and EU AI Act now require

Bias, drift and explainability are now operational requirements across every AI deployment — not just classical actuarial and credit models. A coverage map for 2026.

10 min read · Read the analysis →
Data · AI Governance

Operationalising Generative AI in regulated finance

Generative AI in a regulated bank or insurer is a model-risk problem, not a chatbot problem. Lineage, evaluation harnesses and challenger review are non-negotiable.

12 min read · Read the analysis →
Insurance · IFRS 17

M&A and IFRS 17: integrating business combinations without breaking disclosure

A practitioner's framework for absorbing acquisitions under IFRS 17 — keeping CSM, RA and onerous-contract identification defensible through transition.

11 min read · Read the analysis →
Insurance · Solvency II

UK Solvency II reform: risk margin, matching adjustment and what the PRA actually wants to see

The UK's Solvency II divergence — risk margin reduction, matching adjustment expansion and the PRA's investment flexibility — has reshaped the life and BPA P&L. The 2026 question is whether the governance has caught up with the capital.

9 min read · Read the analysis →
Banking · Regulation

The Renters' Rights Act and IFRS 9: recalibrating buy-to-let impairment

How shifting landlord economics under the Renters' Rights Act will compress buy-to-let affordability matrices — and what it means for IFRS 9 ECL provisions.

8 min read · Read the analysis →
Data · Lineage

BCBS 239 as a sustainable operating model, not a one-off compliance exercise

Risk-based lineage that survives reorganisation, vendor swaps and model retraining — the difference between BCBS 239 compliance you can defend and a binder of diagrams.

9 min read · Read the analysis →
Insurance · Climate

Climate scenario analysis for insurers: from CBES exercise to embedded practice

The Climate Biennial Exploratory Scenario delivered the framework. The 2026 question is whether climate scenario analysis is embedded in capital, underwriting and reserving — or still a parallel exercise.

9 min read · Read the analysis →
Insurance · Solvency II

Why 2026 may be the breakthrough year for Matching Adjustment in Ireland

A confluence of regulatory clarification and BPA demand makes Republic of Ireland MA adoption suddenly viable. We map the path from intent to defensible application.

9 min read · Read the analysis →
Insurance · Conduct

GIPP at three years: what the FCA fair-value review is telling general insurers

Three years on from the General Insurance Pricing Practices reforms, the FCA's fair-value review separates the firms operating in good faith from the ones that walked the rules to the line.

8 min read · Read the analysis →
Banking · Stress testing

SWES 2: what the Bank of England now expects from private credit

The Second System-Wide Exploratory Scenario raises the bar for non-bank lenders. A practical checklist for demonstrating systemic resilience before the next data call.

9 min read · Read the analysis →
Insurance · Claims

Straight-through claims: what the leaders are actually shipping

Computer-vision damage assessment, AI triage and parametric instant payout — separating the production-ready use cases from the live demos.

8 min read · Read the analysis →
Banking · Credit risk

BNPL under the FCA's perimeter: what regulated lenders should do now

Buy Now Pay Later finally enters the FCA's regulated perimeter. The credit-bureau, affordability and complaints implications are larger than the consultation made them sound.

7 min read · Read the analysis →