Insurance Risk - February 2014
Firms expected to reduce exposure to equities and buy protection in response to transitional solvency regime.
Generali sets trend with innovative rebalancing mechanism
Controversial Smith-Wilson technique expected to be confirmed in level 2 implementing measures
€750 million collective fund to invest in loans to mid-cap corporates to be launched next year
Capital efficiency of A3 bond tempts insurers
Long-awaited report proposes reforms to US state and federal practices
After an overhaul of legislation in 2006, Dutch insurers eagerly tapped the occupational disability market. But they grossly underestimated the risks and costs of providing cover and have been forced to increase their reserves in response to higher than…
European insurer demand for debt securitisations could vanish despite proposals for lower capital charges
Insurance supervisor will also allow XBLR reporting, says regulator's head of Solvency II
Insurers are rethinking their investment strategies and beginning to increase their exposure to private equity. Some are even looking at it from an asset-liability management perspective.
Delegated acts must set stringent conditions for calculating fundamental spread, insurers say
Credit risk factor models tend to have a narrow focus on the Gaussian case, use copula functions that don’t work well with the martingale methods used in pricing, and can introduce arbitrage. Dariusz Gatarek and Juliusz Jablecki show how an increasing…