Insurance Risk/News
Index-based longevity solutions continue to face challenges, experts say
Basis risk continues to worry pension funds, consultants say, despite the latest attempt by Deutsche Bank to create a flexible index-based longevity hedge
Insurance Risk North America: Insurers warn of over-reliance on 'captivating' models
Robust governance process needed for third-party models
Insurance Risk North America: Bank-centric capital backstop 'would threaten consumers'
MetLife CRO outlines company's proposal for backstop capital standard
Trilogue parties lock horns on Solvency II third-country equivalence
Commission seeks flexibility to unilaterally recognise US, but resists making temporary regime open-ended
New Swedish discount curve rejects Solvency II methodology
Extrapolation method changed following concerns Smith-Wilson method impractical
Commission looks to review clause to close deal on Omnibus II
Extensive safeguards and supervisory controls to be built in to Solvency II long-term guarantees package, says Commission’s insurance head
No agreement in crucial Solvency II negotiations
Further trilogue scheduled as inconclusive negotiations continues uncertainty over Omnibus II package
ComFrame must build on existing regulations, say insurers
Prescriptive international regime would be 'very challenging' for firms
PRA U-turn on reporting in Solvency II guidelines implementation
Proportionality concerns remain as narrative reporting to be included in UK preparatory phase
Increased new business margin drives embedded value to three-year high
Average increase of 5.5%, despite rising rates hitting bond portfolios
Insurers may be better off not separating non-traditional, non-insurance business, says top lawyer
Capital cost of restructuring may outweigh regulatory benefits under G-Sii proposals
US Sifi process ‘stacked against insurers’ as Prudential Financial ends appeal
Decision 'unsurprising' say lawyers
Lack of insurer management action plans exposes governance failings
Most European insurers do not hold Solvency II compliant documentation, finds survey
Fears over FSB 'influence' on global insurance capital standard
Financial Stability Board did not ‘want to waste a good crisis’, claims Geneva Association chief
Credit Suisse extends ICPPI hedging platform
Swiss bank adds SunGard data service to reduce operational barriers for insurers
Irish variable annuity companies braced for new reporting requirements
Regulator introduces new risk monitor to scrutinise market risks and act as early-warning indicator
National authorities have ‘moral obligation’ to introduce systemic risk measures - IAIS secretary general
G-20 pressure and FSB peer review will guarantee compliance of nation states
Shadow banking crackdown raises transparency concerns for insurers
National regulators to bring existing rules in line with prescriptive FSB policy recommendations on securities lending
Solvency II interim reporting requirements were 'too ambitious' - Eiopa
Insurers hail downscaling of regulator’s initial plans, but concerns about consistent application remain
Systemic risk definition for insurers flawed, says former IAIS counsellor
International policy-makers should offer clarity on risks posed by different activities, hears Insurance Risk Europe
Insurer global capital standard must be 'simple and pragmatic' says Ace risk chief
ComFrame must not be prescriptive if it is to enhance supervision of international groups
Insurers 'must act fast' to succeed in private placement loan market
Efficient committee structure central to investment strategy, Friends Life CIO tells conference
Lithuanian presidency proposes increase to volatility adjuster cap
Benefit could more than triple amid hopes of a deal on Omnibus II long-term guarantees package
Conditional approval of Solvency II internal models should be allowed, urges PRA official
Insurers' efforts to develop internal models should be recognised by supervisors