Solvency II
Validating interest rate models under Solvency II
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…
Capital levels for Sampension would have tripled under Solvency II without retreat from intentional guarantees
Longevity component of Solvency II drives Danish pension fund away from hard guarantees
Green light for new European insurance and pension supervisor
Deal reached on replacement for Ceiops
Lack of credit for dynamic hedging in QIS 5 driven by ideology, not economics
Old Mutual questions the lack of capital credit for dynamic hedging in QIS 5
Dynamic future for post-Solvency II asset allocation
Solvency II is set to dramatically overhaul insurers’ approach to asset allocation – with potentially dramatic consequences for the bond markets. Aaron Woolner reports
Mexico and Brazil on the road to risk-based regulation
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…
Solvency II poses bigger danger to economic stability than bank refinancing
Refinancing risk dwarfed by Solvency II’s impact on insurer appetite for corporate debt
Selvaggi leaves Oric for Qatar Financial Centre
Oric head leaves London for a role at the Qatar Financial Centre Regulatory Authority
E&P energy company premiums likely to rise
Energy exploration and production (E&P) companies face increased cost risks as insurance premiums could rise, following BP’s Gulf of Mexico oil spill, which forced reinsurance firms, such as Germany’s Munich Re, to shell out hefty payments
Scor looks to Solvency II
Philippe Trainar, chief risk officer at Scor, talks to Alexander Campbell
Solvency II “not as comprehensive as US regulation” says New York insurance chief
Lack of Federal oversight should not be obstacle to equivalence, says key state regulator
Aussie insurers face new risk-based capital requirements
New explicit requirement for operational risk capital proposed for life and general insurance firms in Australia.
QIS 5 makes its mark
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
QIS 5 specifications add complexity
Insurers face greater complexity under EC's final QIS 5 specifications
Risk-based supervision the ‘focus’ of equivalence criteria, says EC
Third-couuntry equivalence assessments should focus on whether regimes are risk-based
Solvency II to increase FX hedging
Solvency II could cause rise in foreign exchange hedging programmes by insurers
Solvency II to push annuity providers to gilts
Fitch analysts say demand for corporate bonds could drop as Solvency II forces UK insurers to opt for gilts
Superannuation changes may ignite Aussie VA growth
Variable annuities set to grow as Australia tackles pensions longevity issue