Insurance Risk
Poor risk analysis weighs on Dutch disability market
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…
Insurers eye opportunities in commodity trade finance
CX Re and Partnership Assurance invest in CTF assets
Longevity swap volumes poised for record-breaking highs
Competitive pressures and greater pricing transparency spur growth in 2013
Policy-makers consider extending capital backstop to global insurers
IAIS to decide in 2014 whether to apply basic capital requirement beyond systemically important insurers
Federal Insurance Office calls for enhanced role in group supervision
Long-awaited report proposes reforms to US state and federal practices
UK regulator 'will not gold plate Solvency II' - Adams
Prudential Regulation Authority to copy wording 'as closely as possible'
EIB credit enhancement lures UK insurers to project bond
Capital efficiency of A3 bond tempts insurers
Australian cyclone derivative ‘proves resilience of traditional cat insurance market’
Innovative weather risk transfer deal exposes limitations of ILS
UK regulator warns insurers over poor asset valuation controls
Failures observed in valuation governance, documentation and models
Delta Lloyd to lead European insurers into private debt market
€750 million collective fund to invest in loans to mid-cap corporates to be launched next year
‘Unhedgeable’ risk-free curve extrapolation method implied in Omnibus II text
Controversial Smith-Wilson technique expected to be confirmed in level 2 implementing measures
Italian life insurers look to dynamic hybrids to reduce guarantees burden
Generali sets trend with innovative rebalancing mechanism
Actuarial resource constraints hold back growth in central and eastern Europe
Lack of data and market fragmentation also challenging, say insurers
Asset reallocation predicted as Dutch life companies move to Solvency 1.5
Firms expected to reduce exposure to equities and buy protection in response to transitional solvency regime.
Global capital standard may require ‘adjustments’ to national supervisory regimes
European regulators prepared to reopen Solvency II to comply with future international quantitative standard
BBB limits in matching adjustment scrapped in Omnibus II deal
Ceiling on BBB-rated bonds and forced sale on downgrade removed from final Omnibus II compromise text
The Omnibus II deal may have been done, but tough negotiations remain
'Robust debates' await level 2 discussions
Insurance Risk Awards 2013
Celebrating the best of the best in insurance risk management