Insurance
Implementation costs estimated to rise as FSA consults on Solvency II transition
FSA also outlines how UK regulatory reform will align with Solvency II regime
Decision on dual-capital model use in 2013 'not imminent' as FSA takes legal advice
Question of how Solvency II model can be used in 2013 unlikely to be resolved quickly as FSA promises to 'explore' options
Video: ING Asia CRO Doug Caldwell on Solvency II and use of liquidity swaps in Asia
Local insurers are still offering products at cheaper prices compared with insurers offering risk-based capital structures compliant with Solvency II, according to Doug Caldwell, chief risk officer for ING Asia-Pacific in Hong Kong. Caldwell also…
Solvency II Orsa consultation clarifies key points, but challenges remain for insurers
Insurers still need to develop an effective format ‘to articulate risk and solvency position’, warns PwC
ABI plans Solvency II impact study to highlight undesirable outcomes
Qualitative study will aid lobbying efforts in Europe, says trade association
Companies fail to address increasing scheme member longevity
For every extra year a pension scheme member lives, liabilities increase 3%, according to Club Vita's Gaches
Bermuda faces challenges to Solvency II equivalence
Bermudan, Japanese and Swiss supervisory systems face European scrutiny
The risk-free conundrum
The risk-free conundrum
Why insurers are turning to the least squares Monte Carlo modelling technique
The Monte Carlo method
Inflationary pressures spur pension funds to seek hedges
Inflated concerns
Criticism mounts against FSA’s stance on liquidity swaps
Stemming the flow
Allianz CRO: industry and regulators ‘in denial’ over solvency levels
Insurers' heads are in the sand regarding the impact of current market turmoil on their Solvency II-consistent balance sheets, says Tom Wilson
Eiopa seeks funding for internal model experts to assist national supervisors
Eiopa aims to help regulators struggling to understand internal models
Further DC buy-outs predicted after £100m Emap deal
Deal with Standard Life points to new wave of demand for defined contribution scheme buy-outs
Falling coverage ratios will hamper Dutch pension funds’ buy-out efforts, warns ABN Amro
ABN Amro predicts half of Dutch company pension funds will shift assets to insured schemes
Market volatility ‘biggest concern’ for financial firms, finds survey
Regulatory risk and political meddling also big concerns, says Norton Rose research
Pressure mounts for 2013 opt-in on Solvency II models
It looks increasingly likely that the full implementation of Solvency II will be delayed until 2014, but questions remain as to what is expected of firms in 2013
Eiopa to publish Pillar 3 and Orsa consultations as FSA warns of reporting ignorance
Papers will provide welcome guidance on regulatory reporting and the own risk and solvency assessment
German insurance association to conduct own Solvency II ‘QIS 6’ in 2012
Test will help implementation and aid association's lobbying effort; other trade associations may follow suit
Solvency II-type requirements for pension funds could be ‘catastrophic’ - LCP
A Solvency II-type regime for pension funds could increase UK funding requirements by £500 billion and lead to company insolvencies, warns consultancy
Eiopa to publish Pillar 3 and Orsa consultations as FSA warns of reporting ignorance
UK regulator's Raffle says non-executive directors do not understand the consequences of Solvency II reporting
Pension schemes urged to reduce risk as Bank of England confirms QE 2
Funds should consider interest rate protection if low growth environment persists
Bank pension schemes compromised by Vickers report
The UK's Independent Commission on Banking proposals could have unintended consequences for financial services pension schemes