by Darrel Welch | Feb 13, 2024 | Insights
The Paris Agreement’s long-term temperature goal is to keep the rise in mean global temperature to well below 2°C above pre-industrial levels, and preferably limit the increase to 1.5°C. Does this mean the target is already breached? The Paris statement contains no...
by Nilofar Afzali | Aug 19, 2022 | Insights
MIAC compare the use of different house price simulation models for estimating losses from a typical lifetime mortgage (LTM) portfolio. A key component of the simulation approach to LTM modelling is simulating house prices over the long-term future that follows...
by Maab Ibrahim | Apr 20, 2022 | MIAC in the Press
Mortgage Introducer catches up with Dr Darrel Welch, managing director of Modelling and Analytics at MIAC Analytics about innovations in the lifetime mortgages arena. Page...
by Darrel Welch | Mar 31, 2022 | MIAC in the Press
2021 was an explosive year for equity release. It saw a borrowing boom in the sector of 24%, with annual lending growing year-on-year from £3.86 to £4.8 billion to decidedly wipe out the record previously set in 2018 of £3.94bn. These are some fascinating, and at...
by Darrel Welch | Mar 31, 2022 | MIAC in the Press
EQUITY RELEASE has emerged in the past year as one of the fastest-growing sectors in banking. Given the term of mortgages involved, it should be looking to be in the vanguard of understanding and management of environmental-related risks. In the same year as the...
by Maab Ibrahim | Feb 18, 2022 | Insights, Property Analytics
The Land Registry Price Paid Dataset provides a complete database of prices at which residential properties are transacted in England and Wales. Data is released with a two-month lag so that a dataset published on the nth month will contain transactions that took...
by Maab Ibrahim | Dec 8, 2021 | MIAC in the Press, Property Analytics
While rental prices have returned to their pre-pandemic high in London, the unprecedented and continuing rise in the rest of the country is surprising and difficult to explain. Data released by MIAC Property Analytics reveals rent prices in London fell by 5% during...
by Darrel Welch | Nov 11, 2021 | Insights, Risk Management, Stress Testing
How can climate-informed stress testing support a more resilient global economy and society? This was the question that was recently discussed during the COP26 event: Climate-Informed Stress Testing for the Financial Sector, hosted by the UK Centre for Greening...
by Maab Ibrahim | Jul 7, 2021 | Collateral Valuation, MIAC in the Press
Data shows that every region in the UK has experienced a rise in average sold property prices irrespective of the “saving” made from the stamp duty holiday. Analytics performed on house price index, powered by MIAC on sold house prices in June 2020, the last...
by Joe Macklin | Apr 29, 2020 | Insights, Risk Management
MIAC have been working with Dilosk to deliver an IFRS9 framework within Vision™, the Assets and Liability Management application within the wider MIAC Analytics™ software suite. This engagement includes the capability to run IFRS9 expected credit losses within the...