Insurance Risk - March 2014
Articles in this issue
European insurers return to peripheral sovereign debt markets
High yields and low volatility driving comeback from core-Europe firms
PRA wrestles with early-warning indicators calibration
Calibration for general insurers and with-profits funds frustrates regulator's progress
Insurers seize opportunities in European corporate funding markets
As European insurers increasingly invest in illiquid corporate debt, credit funds and partnerships with banks are helping them overcome their lack of expertise and tap into a market that offers high-yields and a chance of diversification. But markets…
Rapporteur Balz on long-term guarantees, Solvency II's level 2 and global standards
Two months after the landmark political agreement on Omnibus II, MEP Burkhard Balz discusses the thorny issues that did not make it into the directive, spells out his expectations for the level 2 text and gives a warning about the implications of global…
Proposals for stable Solvency II credit risk adjustment 'good news' but floor sparks controversy
European Commission's unofficial Level 2 draft disregards insurers’ calls for the adjustment to be capped
Integrating risk management with the investment process - a Munich Re case study
The perennial challenge for insurers and reinsurers is to make certain that the assets they hold will cover all their present and future liabilities. Traditionally, companies have sought to manage the risk of a shortfall through careful design and…
Insurers bridge infrastructure investment challenge
As life insurers increase their exposure to infrastructure, Blake Evans-Pritchard reports on the different ways in which they are approaching the asset class
Commission proposals to ease look-through rules ‘require clarification’
Exception in draft Level 2 text could exclude active funds
US state regulators oppose Federal Insurance Office proposals
Recommendations over supervisory colleges, private mortgage insurance and reinsurance collateral rejected by NAIC members
Insurers claim draft level 2 proposals could water down volatility adjustment
Inclusion of non-fixed-income assets in reference portfolio is 'unjustified'
IAIS valuation methodology for basic capital requirement flawed
Insurance industry demands clarity on crucial elements of capital requirement
Stochastic modelling of reinsurance credit risk
Stochastic modelling of reinsurance credit risk
Solvency II’s level 2 is the next battleground
Insurers have concerns about European Commission's unofficial Level 2 text