Financial services authority (fsa)
The concept of proportionality is fundamental to Solvency II. Yet smaller insurers fear that the compliance burden they face will be too onerous. Thomas Whittaker examines whether the proportionality principle...
Regulator updates internal model approval process
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.
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Investors are less likely to opt for exotic structures and underlying assets, UK distributors warn
The FSA announces commencement of its formal investigation that could see UBS 'get slammed', according to one legal expert
Guidelines require notification of deals and improved risk management processes
FSA fine for ex-JC FLowers chief executive 'does not show credible deterrence'
Regulator expected to avoid hard rules, but consultation may have been detrimental to market, say bankers
Managing market risk is a key issue for life insurers. Clive Davidson looks at the challenges they face in modelling this risk and how the assumptions that underpin their models are changing in response to the recent economic turmoil
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