Insurance firms welcome CP195

News

The FSA’s new rules on how UK with-profits life assurance companies should account for the risk of holding corporate bonds, released at the start of July, appear to be good news for insurance companies and credit derivatives.

As the rules were released real-money managers began ploughing their way through the 362-page document while bank analysts worked furiously to provide initial numbers of how the regulation would affect the corporate bonds.

The regulation – first set out in CP195 – require

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: