Allianz
Proxy modelling develops under Solvency II
The alternative route
Solvency II set to boost interest in variable annuities
Bright new hope?
Dutch pension reforms could cause unwinding of swap hedges
Dutch pension reforms could cause unwinding of swap hedges
Sponsored roundtable: Rate of change
Life & Pension Risk and roundtable sponsor Royal Bank of Scotland convened with industry leaders to discuss the future of the German life insurance sector as it faces low interest rates and a new regulatory regime
Estimating and reducing lapse risk
The persistency problem
A liquid market – banks tap insurers' liquidity reserves
A liquid market
People
People
US equivalence "impossible" in forseeable future - Allianz CRO
CRO says lack of market consistency will prevent regime being granted equivalent status under Solvency II - and this will lead to European companies being disadvantaged
Total return swaps – pension funds seek security in uncertain markets
Many happy returns
Loss leaders
Operational risk is potentially the biggest risk faced by insurers – and also one of the most difficult to model. However, as a number of loss data aggregation initiatives globally either emerge or mature, insurers are better placed to quantify their op…
Variable annuity redesign led by US innovation
Variable annuity providers were hurt by basis risk, extreme volatility and policyholder lapses during the crisis, and guarantees were scaled back and repriced as a result. Now risk management is driving a US-led surge of innovation. Laurie Carver reports
Risk Europe: euro volatility and regulatory uncertainty biggest concerns, say CROs
Buy-side chief risk officers voice their concerns about the effects of regulatory inconsistency on volatility.
Sponsored statement: Meeting the Solvency II operational risk challenge
Three industry experts spoke at an exclusive Operational Risk & Regulation webinar on operational risk and Solvency II and the challenges facing insurance firms today
A race against the future - how governments are tackling the issue of rising state pension costs
Reforming state pensions is a top priority in Europe as governments attempt to plug huge deficits exacerbated by the global financial crisis. Andrew Sheen examines the current state of European pensions
MCEV provided reliable company values in recent economic turmoil argues Allianz’s Tom Wilson
The emergence of market-consistent embedded value has proved challenging for insurance traditionalists, but Tom Wilson, chief risk officer of Allianz, argues that not only has it provided an accurate reflection of shareholder value in the recent volatile…
Replicating success
The financial crisis drummed home to many banks the advantages of quickly calculating exposures and executing hedges for complex portfolios. As a result, some banks are looking to the insurance sector and their use of replicating portfolios.
Searching for stability
Alexander Campbell talks to Tom Wilson, chief risk officer at Allianz
Allianz revamps management
Allianz has appointed Christof Mascher as chief operating officer (COO) of Allianz Group and a member of the board of management, replacing outgoing COO Oliver Bäte. Jay Ralph, currently chairman of Allianz Life Insurance Company of North America, will…
Different degrees
Solvency II will require a massive upgrade in insurers’ technological capability. But as the deadline for implementation looms ever closer, not all in the industry have made the same level of progress.