Insurance
Half empty, or half full?
The green shoots of economic recovery have been spotted in some sectors of the global economy, but with corporate insolvencies not tipped to peak until 2010 for those bodies charged with insuring pension scheme liabilities, the worst of the crisis may…
The tax timebomb
The decision by Royal Berkshire’s pension fund to conduct a longevity swap is an atypical action in a sector whose sky-high equity allocations and lack of risk awareness have seen the UK’s Local Government Pension Scheme plummet into the red over the…
An unhealthy interest
The rise of impaired annuity providers at the start of the decade prompted a migration of the least healthy annuitants away from traditional providers, skewing their mortality assumptions and capital reserves. But as mainstream annuity providers use an…
The finishing line is in sight for the Solvency II directive says Ceiops chair, but issues remain
An interview with Gabriel Bernardino, chairman of Ceiops
Searching for stability
Alexander Campbell talks to Tom Wilson, chief risk officer at Allianz
Health kicks
The US pension sector is having to cope not just with the increased cost of retirement provision but also the attendant healthcare obligations many schemes are under – liabilities that must now be accounted for upfront. Andrew Sheen reports
Institutional memory
Ninety-year-old TIAA-Cref is one of the US’s oldest providers of retirement services and came into the financial crisis with experience of past crises galore. But did history help it when the crunch bit, and how will its business model learn from this…
