Are insurers prepared for central clearing of OTC derivatives?
With long-term bonds in short supply and falling interest rates putting pressure on earnings, Asian insurers are considering giving up on asset-liability matching in order to chase yield. Blake Evans-Pritchard...
Ultra-low rates forcing companies to shift focus from asset-liability matching
More Michael Faulkner articles
Insurance Risk launches updated, interactive iPad app
The risk of exposure and counterparty default probability both increasing – so-called wrong-way risk – is usually understood in terms of the correlation between the two variables. But this approach is focused more on the centre of the distribution,...
Effective and prudent solution needed on Solvency II matching adjustment, says Bailey
The spread between Libor and overnight index swap rates used to be negligible – until the crisis. Its behaviour since can be explained theoretically and empirically by a model driven by typical lenders’ liquidity and typical borrowers’ credit...
The European Insurance and Occupational Pensions Authority (Eiopa) has finally published its long-awaited report on the long-term guarantees assessment. But the report’s recommendations look unlikely to offer an end to the dispute between the insurance...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014
USA, 20th - 21st Aug 2014