European Commission’s efforts to attract insurers’ money could have opposite effect
Liberalised cat modelling market will place extra demands on model validation
Insurers are rethinking their investment process in terms of risk factors
Industry says European Commission proposal will have negative side effects
But European Commission proposals can stop insurers becoming forced sellers of low-risk securitisations
Allocations to infrastructure and property expected to reduce following Budget
Innovative structures seek to break dominance of US wind peril over ILS market
Lawyers split on whether subordinated debt will be made convertible by law
Structuring and regulation of assets frustrating investment, say market participants
Hedging assets sought to combat escalating risk of interest rate and inflation spike
Attractive yields and supply demand mismatch spur interest
A catastrophe bond from an Asian-based issuer is unlikely in the near term due to the high cost relative to traditional reinsurance
Combining uncorrelated perils does not necessarily make bond more attractive and presents valuation challenges, say bankers
Life insurers and pension funds using insurance-linked securities as diversifier, as deal activity jumps in fourth quarter
Market participants are close to completing the legal and operational details relating to a new custodian account arrangement that would allow the city's participating banks in offshore renminbi to take credit risk against the People's Bank of China…
European Union action on Ireland’s bank debts points to fears over contagion spreading across peripheral Europe.
European Commission says pension funds should also be classed as “too big to fail”
Currency manipulation is gaining ground as governments look to grow exports and control inflows. But any talk of imminent currency conflict is overblown, say credit investors.
Daily news headlines
In its annual report, released June 29, the Bank for International Settlements (BIS) warned worldwide rescue efforts for the financial industry might be inadequate.
The US Federal Reserve Board has cut back several of the support facilities put in place over the past 18 months, arguing the recovery of the financial markets has made them unnecessary.
The Obama administration's much-hyped regulatory reform proposals disappointed over-the-counter derivatives dealers and end users yesterday by again failing to provide new details on how OTC markets with mandatory central clearing would operate.