Best case scenario

Allianz Australia Insurance, which has more than two million policyholders and offers a wide range of insurance and risk management products and services, will use Barrie & Hibbert's economic scenarios from 2009 onwards.

Use of the scenarios will become an important component of the group's internal capital measurements as required by the Australian Prudential Regulatory Authority. Allianz Australia will use Australia real-world scenarios across all major asset classes.

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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