Lane clark & peacock
Influx of new swap intermediaries and improved risk modelling to spur expansion
Specifications unclear on premium volume definition for risk-factor calculation, say actuaries
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 Lane clark & peacock articles
Availability of population data and risk modelling crucial to attracting investors
The European Insurance and Occupational Pensions Authority’s (Eiopa) consultation on the directive governing occupational pensions has prompted fierce criticism from the UK pensions industry. The consultation on the Institutions for Occupational Retirement...
Deal with Standard Life points to new wave of demand for defined contribution scheme buy-outs
A Solvency II-type regime for pension funds could increase UK funding requirements by £500 billion and lead to company insolvencies, warns consultancy
The announcement of ITV’s longevity swap could indicate a sea change in pension funds’ approach to risk management solutions. However, smaller funds could find themselves left behind. Thomas Whittaker reports
Sovereign annuities could perform double role of improving Irish pension scheme solvency levels and ease state funding problems
The financial crisis has plunged the pension schemes of the UK's 100 largest companies into a £96 billion deficit, according to a report by the London-based actuarial consultancy Lane Clark & Peacock (LCP).
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.