CRO says lack of market consistency will prevent regime being granted equivalent status under Solvency II - and this will lead to European companies being disadvantaged
Asset to the system
End the phoney war
EC outlines potential route for US insurance regulatory regime being granted equivalent status to Solvency II
Reduction in risk appetite and regulatory crackdown causing increase in long-dated skew, say equity derivatives dealers
Questions remain on the calibration of capital requirements for operational risk under Solvency II's standard formula.
With Solvency II fast approaching, obtaining approval for your internal model is increasingly important. A key part of this process will be to demonstrate the ability of the model’s scenario generation to describe the evolution of interest rates plausibly....
Elana Hahn joins Morrison & Foerster's capital markets group in a role that involves guiding clients through regulatory changes.
Solvency II is set to dramatically overhaul insurers’ approach to asset allocation – with potentially dramatic consequences for the bond markets. Aaron Woolner reports
The liquidity premium has moved from theory to practical reality, first in the market-consistent embedded value metric and then the Solvency II directive. Barrie & Hibbert’s Craig Turnbull explains the theory behind the liquidity premium and how to...
Latin American economic powerhouses Brazil and Mexico are introducing new solvency regulations in their fast-growing insurance markets. But while Mexico has gone straight for a Solvency II-type approach, Brazil is emphasising gradualism and will not make...
A number of drivers could push financial groups to dispose of life insurance assets in the near future. But a boom in M&A will also need buyers, which could prove difficult to find. By John Ferry
Old Mutual questions the lack of capital credit for dynamic hedging in QIS 5
Oric head leaves London for a role at the Qatar Financial Centre Regulatory Authority
Exposure draft brings convergence with Solvency II but stops short of full market consistency
Lack of Federal oversight should not be obstacle to equivalence, says key state regulator
European insurers are gearing up to take part in Solvency II’s latest and final quantitative impact study. John Ferry assesses what the latest proposals suggest about the impact of the new regime
The credit crisis has impacted the whole reinsurance sector, but, according to Raj Singh, chief risk officer at Swiss Re, at least it has taught the industry useful lessons for the future. Sarfraz Thind reports
Insurers face greater complexity under EC's final QIS 5 specifications
Third-couuntry equivalence assessments should focus on whether regimes are risk-based
Operational risk is potentially the biggest risk faced by insurers – and also one of the most difficult to model. However, as a number of loss data aggregation initiatives globally either emerge or mature, insurers are better placed to quantify their...
Solvency II is not just an issue for European insurers. Faced with the increasingly global nature of the financial sector, South Africa’s financial regulator is bringing in its own version of the regulation. But the schedule to implementation is tight....