Swedish regulator will not make guidelines legally binding on firms
Guidelines 'necessary for convergence' but fears of two-speed implementation
Solvency II must support long-term guarantees but insurers must develop simple products, says Nordea Life and Pensions CRO
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Michael Faulkner articles
The challenge of increased longevity is confronting countries around the world, and governments are wrestling with the challenge of how to encourage people to save more to fund ever-longer periods of retirement. Insurers, meanwhile, are busy developing...
Inflation models tend to be poor at capturing the high sensitivity of Limited Price Index (LPI) swap payoffs to year-on-year smiles and correlations, and consequently miss market quotes. Yann Ticot and Xavier Charvet propose a simple framework for pricing...
Guidelines necessary to achieve convergence and improve quality of preparations, says Eiopa chairman
The European Insurance and Occupational Pensions Authority (Eiopa) is currently consulting on interim measures, covering areas such as risk governance and reporting, to help supervisors and firms prepare for Solvency II. Eiopa chairman Gabriel Bernardino...
With the implementation of Solvency II now almost certainly delayed for at least two years, UK annuity providers are beginning to reassess their credit asset allocation strategies, as they look to optimise the trade-off between risk and reward. Michael...
As banks have pulled back from funding infrastructure projects, life insurers have stepped in to fill the void, but deals remain limited in scope. Blake Evans-Pritchard reports
The Nordic countries have introduced innovative measures to help insurers combat the low interest rates in the region. But these measures have brought their own problems for the insurance industry. Are they worth the trouble? Sarfraz Thind reports
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
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