European regulators prepared to reopen Solvency II to comply with future international quantitative standard
Ceiling on BBB-rated bonds and forced sale on downgrade removed from final Omnibus II compromise text
Insurers are seeking greater granularity of data in modelling to help them assess credit risks more accurately. But increased granularity could lead to greater complexity in modelling, which might be more...
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Insurance articles
Rising interest rates are melting German life insurers’ hidden reserves and piling pressure on firms to rethink strategies to finance the ZZR, a ballooning regulatory reserve they have to hold against products offering high guarantees. Hugo Coelho reports...
Dual-reporting could confuse investors and undermine confidence in the LTG package, say experts
Calls to delay December implementation fall on deaf ears
More generous long-term guarantees package and long transitional period in deal
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.