Insurance Risk - urn:uuid:incisivemedia:insurancerisk:november:production

Articles in this issue
Asia CROs divided on risk culture measurement
Risk culture hard to manage, even harder to measure, say panellists at Insurance Risk Asia
Asian insurers 'must strengthen data security' in face of new laws and technology
Data security legislation and new technologies require more sophisticated security measures, say CROs.
Insurers urged to prepare global risk management strategies
Sars outbreak 'showed insurers not immune to interconnected global crises', says AIG Asia-Pac deputy finance chief
UK insurers recoupon interest rate swaps in bid to enhance yield
Unwinding in-the-money swaps to release cash for investments and collateral management
US non-bank Sifi process 'flawed' and 'unsupportable' say designating body members
Prudential Financial designation raises concerns assessment criteria not fit for purpose
State regulators turn fire on NAIC over principle-based reserving
New York commissioner publicly breaks ranks claiming new system will be ineffective
Eurozone collapse remains top threat for insurance industry – Swiss Re chief economist
Policy mistakes could still kill economic recovery, Insurance Risk Europe conference hears
Conditional approval of Solvency II internal models should be allowed, urges PRA official
Insurers' efforts to develop internal models should be recognised by supervisors
Insurer global capital standard must be 'simple and pragmatic' says Ace risk chief
ComFrame must not be prescriptive if it is to enhance supervision of international groups
Solvency II interim reporting requirements were 'too ambitious' - Eiopa
Insurers hail downscaling of regulator’s initial plans, but concerns about consistent application remain
Insurers explore new risk metrics in bid to refine economic capital models
European insurers are refining their internal economic capital models as regulators’ efforts to define statutory solvency requirements grind to a standstill. Louie Woodall reports
Illiquidity premium taxes Asian regulators
Asian regulators are turning their attention to the illiquidity premium, but defining it within an Asian context will not be easy. Blake Evans-Pritchard reports on some of the challenges
Q&A: IAIS secretary general on G-Siis, ComFrame and a global capital standard
Yoshihiro Kawai, secretary-general of the International Association of Insurance Supervisors, is the man in charge of building a new supervisory framework for both systemically important and internationally active firms. But his blueprints have proved…
Portfolio optimisation via replication
Filippo Della Casa and Michele Gaffo propose a new framework to run portfolio optimisation for life insurance business, by exporting the replicating portfolio technique from risk management to investment management. In particular, they develop a new risk…
Collateral management survey 2013: collateral concerns grow
Insurance Risk’s second collateral management survey in conjunction with BNY Mellon finds more insurers are taking steps to prepare for new derivatives regulation, but concerns about collateral availability are mounting
The economic view
Insurers are using the delays to Solvency II to improve their economic capital models