Insurance Risk
Market-consistent equity risk premiums
The capital asset pricing model used to determine excess return for a given risk level and allocate assets typically uses historical data, which can be a poor predictor of risk. By adapting the model to be consistent with market-implied distributions,…
Bermuda faces challenges to Solvency II equivalence
Bermudan, Japanese and Swiss supervisory systems face European scrutiny
The risk-free conundrum
The risk-free conundrum
Interview: AXA’s op risk head on the group’s risk reforms
More than capital
Why insurers are turning to the least squares Monte Carlo modelling technique
The Monte Carlo method
Inflationary pressures spur pension funds to seek hedges
Inflated concerns
Criticism mounts against FSA’s stance on liquidity swaps
Stemming the flow
Insurers look to hedging strategies to deal with management charge volatility
Securing future value
Allianz CRO: industry and regulators ‘in denial’ over solvency levels
Insurers' heads are in the sand regarding the impact of current market turmoil on their Solvency II-consistent balance sheets, says Tom Wilson
Eiopa seeks funding for internal model experts to assist national supervisors
Eiopa aims to help regulators struggling to understand internal models
Further DC buy-outs predicted after £100m Emap deal
Deal with Standard Life points to new wave of demand for defined contribution scheme buy-outs
Falling coverage ratios will hamper Dutch pension funds’ buy-out efforts, warns ABN Amro
ABN Amro predicts half of Dutch company pension funds will shift assets to insured schemes
Market volatility ‘biggest concern’ for financial firms, finds survey
Regulatory risk and political meddling also big concerns, says Norton Rose research
Pressure mounts for 2013 opt-in on Solvency II models
It looks increasingly likely that the full implementation of Solvency II will be delayed until 2014, but questions remain as to what is expected of firms in 2013
Eiopa to publish Pillar 3 and Orsa consultations as FSA warns of reporting ignorance
Papers will provide welcome guidance on regulatory reporting and the own risk and solvency assessment
German insurance association to conduct own Solvency II ‘QIS 6’ in 2012
Test will help implementation and aid association's lobbying effort; other trade associations may follow suit
Solvency II-type requirements for pension funds could be ‘catastrophic’ - LCP
A Solvency II-type regime for pension funds could increase UK funding requirements by £500 billion and lead to company insolvencies, warns consultancy
Eiopa to publish Pillar 3 and Orsa consultations as FSA warns of reporting ignorance
UK regulator's Raffle says non-executive directors do not understand the consequences of Solvency II reporting
Inflation estimate errors costing defined benefit sponsors £50 billion
Overestimated inflation projections could be costing UK defined benefit scheme sponsors more than £50 billion in unnecessary funding commitments, a corporate adviser warns
Pension schemes urged to reduce risk as Bank of England confirms QE 2
Funds should consider interest rate protection if low growth environment persists
Non-execs do not understand consequences of Solvency II reporting, FSA warns
Head of prudential insurance policy also warns of potential widespread ignorance of Solvency II among analysts
Awards 2011: Chief risk officer of the year: Robin Spencer, Aviva
Chief risk officer of the year: Robin Spencer, Aviva
Awards 2011: Insurer of the year: Friends Life
Insurer of the year: Friends Life