Insurance Risk - Insurance Risk May 2013

Articles in this issue
Insurers eye longevity risk trades with Canadian and Dutch pension schemes
Influx of new swap intermediaries and improved risk modelling to spur expansion
US insurers expect less benefit from Orsa than European firms
European life insurers are particularly challenged by Orsa implementation, finds survey
Insurers 'should be exempt from initial margining requirements' on ALM hedges
No economic need for initial margin on non-centrally cleared derivatives, argues Insurance Europe
Allianz leads German insurers in guarantees shake-up
Insurers developing new products to reduce exposure to low rates
Lloyd’s insurers challenged by internal model change policies
Questions on parameterisation remain unanswered by European rule-makers
National regulators ramp up efforts to combat low rate threat
Interesting times
UK insurers ‘must adapt to dual compliance burden’ as new regulators begin to flex muscles
Firms braced for duplication of compliance work amid signs that framework for regulators to share information is not working, lawyers warn
Insurers fear non-recognition of equivalence under Solvency II interim reporting requirements
Group supervisors to determine whether European or local rules apply to non-European entities
Solvency II set for inconsistent soft launch, lawyers warn
Absence of legal powers to enact guidelines in some jurisdictions threatens Eiopa’s objectives
Systemic risk debate hots up over variable annuities and ILS
In defence of the non-traditional
Libor/OIS spread challenges insurers' risk management programmes
Spread carefully
Q&A: Karel Van Hulle on Solvency II delays and the challenges ahead
Beating the negative forces
Variable annuity products must avoid the derivatives witch hunt
Variable annuity products must avoid the derivatives witch hunt
Defined benefit pension strategy with stochastic volatility
Defined benefit pension strategy with stochastic volatility