Articles by Michael Faulkner
The Insurance Risk Awards: showcasing the creativity of the risk community
The Insurance Risk Awards: showcasing the creativity of the risk community
Liability insurers need to embrace life ALM techniques
Liability insurers need to embrace life ALM techniques
Senior insurance executives do not understand economic capital models, KPMG survey finds
Ineffective use of economic capital frameworks 'could obscure true risk profile of firm'
Hedge fund enables insurers to capitalise on bank deleveraging
Tenax Capital fund will buy bank loans and provide debt capital to corporates
Policy-makers urged to widen scope of matching adjustment 'for good of society'
Current proposals would transfer risk to consumers and increase price of guarantees, argues consultancy
Tullett Prebon launches private equity hedge for Solvency II
Will reduce capital charge by at least 75%, inter-dealer broker claims
Standard formula ‘an inadequate risk measure’ for high-risk bonds
Eiopa urged to adjust bond SCR as study by Edhec Business School suggests Solvency II could discourage insurers from long-term bond investment
Eiopa resists calls to ease Orsa risk quantification requirements
But relaxes solvency projection rules in updated draft level 3 guidance on Own Risk and Solvency Assessment
Breakdown of Omnibus II negotiations piles pressure on Solvency II timetable
Negotiations to resume in September, but there are fears that deadlock will continue
Enter the Insurance Risk Awards 2012
Submissions now being accepted for awards that recognise best practice and innovative thinking in insurance risk management
FSA developing early warning system for internal models
FSA developing early warning system for internal models
Standard Solvency II asset data framework 'at least 12 months' away
Asset managers seek to standardise Solvency II asset data provision, but industry-wide solution presents challenges
A deal is needed on Omnibus II, even if it is not perfect
A deal is needed on Omnibus II, even if it is not perfect
Time running out for Omnibus II negotiations as latest trilogue fails to find agreement
Further trilogue scheduled as policy-makers seek compromise on package for long-term products before summer recess
Insurers’ remuneration will become more risk-sensitive, says incoming Bupa finance chief
Risk management still immature at many firms, warns Evelyn Bourke
FSA fears 'tick-box' approach to risk management as insurers focus on Solvency II capital requirements
Companies will not receive any more guidance from FSA on Orsa development
Edhec develops framework for Solvency II equity risk management
Formula for risk control framework can optimise equity risk capital costs, claims research body
Webinar: Solvency II and the asset data management challenge
Solvency II presents considerable challenges for insurers and asset managers in terms of asset data management. Yet it is an area which to date has received relatively little attention. This webinar, in conjunction with BNY Mellon Asset Servicing, brings…
Welcome to the first issue of Insurance Risk
Welcome to the first issue of Insurance Risk
New Omnibus II yield curve extrapolation proposals ‘a significant ALM challenge for insurers’
New Omnibus II yield curve extrapolation proposals ‘a significant ALM challenge for insurers’
US focus: Q&A with Gideon Pell, New York Life
‘Capital is like a reservoir’
Quanto adjustments in the presence of stochastic volatility
It is well known that the quanto adjustment in the drift of the underlying has a significant impact on the prices of quanto options. Alexander Giese points out that an additional quanto adjustment in the underlying’s volatility needs to be considered in…
Tullett Prebon and Allianz to launch Solvency II data service
Benchmark OTC curves 'will help insurers calculate risk data for market risk models'