Insurance Risk - April 2014

Articles in this issue
Concessions on Solvency II equivalence not followed through in level 2 proposals
Requirements for using deduction and aggregation method to calculate SCR of subsidiaries remain too high, insurers say
National regulators to consult on additional insurer reporting requirements
Concerns national specific templates could lead to gold-plating and increased reporting burden
German insurers ‘better off’ with Solvency II static transitional
Static transitional will smooth impact of unrealised gains on profit shares
Federal and state regulators grapple over insurance supervision
Growing federal powers trouble state commissioners
US Orsa pilot reports lack clarity - NAIC
Regulators request additional details on risk mitigating activities and capital levels
Insurers wrestle with Emir reporting challenge
Legacy systems and guidance 'failure' add to challenge as deadline passes
US insurers tap CLO market as banks retreat
Widening spreads lure insurers
EC to restrict deferred tax assets in Solvency II
Rules expected to be tightened on determination of future profits
Canadian mortality data highlights longevity challenge for pension funds
Longevity risk transfer market must overcome fundamental issues
Using the Orsa in Asian enterprise risk management
How Asian insurers can take the ERM function to the next stage
Insurers ramp up emerging risk management
Companies are setting up research teams to spot new risks
The simple link from default to LGD
A new approach to incorporating loss given default into models
US state and federal insurance regulators are squaring up
US state regulators are worried the Federal Insurance Office is exceeding its remit