Insurance Risk
Enter the Insurance Risk Awards 2013
Submissions now being accepted
Reinsurers question separation of systemic risk designations
Regulators will publish separate lists for systemically important insurers and reinsurers a year apart
Asian insurers slow to embrace central clearing
New clearing rules are not on the agenda of most insurers in Asia, but as derivatives use increases they could become more relevant. Blake Evans-Pritchard reports
Liability modelling speeds boosted by computer games technology
As insurers look for ways to improve the speed of their modelling calculations, some are turning to microprocessors originally developed for computer graphics in games consoles to increase calculation times. But while graphical processing units can…
Solvency II volatility balancer ‘will fail to immunise insurers’
Calls for new dampener on capital requirements amid disagreement over Eiopa’s figures
German insurers turn to CPPI and volatility control to back new guaranteed policies
Ergo dynamic hybrid product leads new wave
PRA reserves right to review internal models after Icas+ approval
Entry requirments for transitional regime will be high, says PRA official
NAIC warns against Federal Insurance Office 'mission creep'
FIO must not become an insurance regulator, says NAIC chief
Eiopa ‘politically naive’ to scrap national vetoes on long-term guarantees package
Agreement on Omnibus II more difficult if opt-outs removed, warn experts
Time to come clean on credit support annexes
Sponsored feature: Royal Bank of Scotland
Regulators clash over global capital standard for insurers
Harmonised quantitative requirements no 'silver bullet', says US state regulator
Lois: credit and liquidity
The spread between Libor and overnight index swap rates used to be negligible – until the crisis. Its behaviour since can be explained theoretically and empirically by a model driven by typical lenders’ liquidity and typical borrowers’ credit risk. By…
Long-term guarantees assessment threatens to open more divisions in Omnibus II talks
Long-term guarantees assessment threatens to open more divisions in Omnibus II talks
Regulatory concerns mount as Dutch insurers maintain guarantees
Race to the bottom
LTGA proposals set to stoke divisions between insurers and lawmakers
Concerns that Eiopa's proposals will not work and could delay Solvency II
Long-term guarantee measures must be flexible - Balz
Solvency II calibrations need to account for different national contexts
Governments must ‘stop distorting cat markets’ with insurance pools
Let commercial market price risk, while governments should focus on risk-reduction, think-tank says
Insurers call for more transparent infrastructure investments
Structuring and regulation of assets frustrating investment, say market participants
XXX financing market braced for increased captive scrutiny
Reserve financing using offshore captives is big business in the US. Yet what started as an innovative method of moving excessive reserve requirements off balance sheet has turned, in some regulators’ minds, into a dark art that puts policyholder…
Fears of disjointed regulation of systemically risky insurers grow
Harmonisation of US and global systemic risk frameworks needed as US proposes first Sifis, warns industry think tank
Insurers look to volatility controls to support long-term guarantees
As insurers look for ways to offer long-term guarantees to customers despite the challenging investment environment, some are turning to volatility control mechanisms to reduce the cost of hedging the guarantees. Louie Woodall examines how these…
AIA cautions NAIC on US Orsa guidance
Requirements should not be made too prescriptive, says trade association
Swedish insurers warn of manipulation threat to new discount curve
Concerns Solvency II-based risk-free curve could be distorted by speculators as market begins to adjust ALM hedges