When a critical service fails It is 9:42am on a Monday morning. A critical digital service at your company is unavailable. Within minutes, senior IT and business leaders are on a bridge call asking the same questions they always ask during a major incident: What changed? What is impacted? Who is responsible for this? In many organisations, …
An important (and often overlooked) element in infrastructure financing Infrastructure financing and insurance capital are often described as a natural match. In practice, however, this relationship is more complex. Solvency II, through its focus on risk and regulatory capital, influences the boundaries of what insurers can invest in, often exposing gaps between theoretical alignment and …
As AI’s influence grows, so does the duty to ensure it operates fairly, transparently, and accountably. At the forefront of this effort is the Luxembourg Institute of Science and Technology (LIST), whose recent work on AI bias is helping to define what trustworthy AI means. Alongside this, PwC has made …
First, a question: What’s happening around us? How did we get here? This question has most likely crossed your minds while reading the news over the past weeks, or let’s be honest, years. At times, the headlines can make it feel as though we are living in a parallel‑universe storyline. Many of us in Luxembourg …
Threat-Led Penetration Testing (TLPT) has become one of the most advanced cyber resilience exercises conducted in the financial sector. With the entry into application of the Digital Operational Resilience Act (DORA) in January 2025, these exercises now form part of the regulatory framework for certain financial institutions across the European Union. TLPT represents a …
In an article we recently published in IT Nation, PwC data experts explored Luxembourg’s ambition under Accelerating digital sovereignty 2030, a national push to strengthen capabilities in data, AI. The direction is clear: digital sovereignty requires control, trust, and value creation from data. But strategy alone does not create impact. It sets intent, not execution. Data must be …
Picture a map of Europe today. The world feels less certain, the winds of conflict blow closer, and the Old Continent finds itself speaking a word it thought it had left behind: rearmament. The European Union, sensing the urgency of the moment, is preparing to invest heavily in its security. …
Anyone watching today’s European insurance market sees one thing: consolidation is no longer optional – it’s survival. The strategic urge for scale, the need to manage legacy books more efficiently, and investors’ appetite for predictable, long‑duration cash flows are all pushing deal activity higher. In this evolving landscape, actuaries are …
In many organisations, data is everywhere: dashboards, KPIs, data warehouses, even early AI pilots. And yet, when an important decision lands on the table, the same kind of questions come back: “which number do we trust? Who do we believe? Which dashboard should we trust?” The challenge is rarely the lack of data. It’s the lack of agreed ways …
It’s now been over a year since the International Accounting Standards Board (IASB) unveiled IFRS 18 Presentation and Disclosure in Financial Statements – a fundamental update to IFRS Accounting Standards, and the countdown to 2027 has already begun. With an effective date of 1 January 2027, the three-year lead time for IFRS 18 isn’t just generous, it’s intentional. IFRS 18 isn’t a minor update you can …
