Insurance Risk
Large pension funds a threat to financial stability – European Commission
European Commission says pension funds should also be classed as “too big to fail”
Video: Simple is a good starting point - the LLMA explains its pricing framework proposals
Guy Coughlan talks to Life & Pension Risk about the LLMA's longevity derivative pricing framework - and how to stimulate the market
Financial crisis whets appetite for LDI by German pension funds
German corporate pension plans turn their attention to interest rate and inflation hedging
Insurers, not banks, driving liquidity trade
Insurance sector's hunger for high yields, rather than banks' thirst for short-term funding, driving liquidity trade
Solvency II not a concern for corporate debt markets
ING Investment Management relaxed about Solvency II reducing appetite for corporate bonds
Geneva Association: "stabilising" insurers should be better repesented in systemic risk supervision
Insurance think tank bemoans underrepresentation of the "firefighting" insurance sector in Financial Stability Board and confusion over its role in the financial crisis
LLMA attempts to stimulate longevity market with pricing framework
Industry body seeks to create benchmark price level to expand market participation
Assessment of longevity risk under Solvency II
As the implementation of Solvency II looms, the calibration of the standard formula remains a controversial issue as the industry runs the fifth quantitative impact study. But the current design overshoots the one in 200 year confidence level.
A liquid market – banks tap insurers' liquidity reserves
A liquid market
Awards 2010: A night of celebration
A night of celebration
Opinion: Preparing for failure
Preparing for failure
People
People
EC to grant temporary equivalence to risk-based regimes but US picture is unclear
EC to grant temporary equivalence to risk-based regimes but US picture is unclear
Inverted swap spreads see ATP outshoot liabilities by Dkr16.5 billion
Inverted swap spreads see ATP outshoot liabilities by Dkr16.5 billion
EFRP takes stance on pension regulation harmonisation
Finding harmony
Cern pension fund – moving beyond LDI
Frontiers of funding
Open source options for Solvency II internal model
Open for all
An active approach to managing index-linked gilts will pay dividends
Active aggressive
Canadian defined benefit pension schemes’ solvency deteriorates
Canadian pension plans slip back from fully funded status
Funding needs drive banks to “borrow” liquidity from insurers and pension funds
Insurers and pension funds offer banks a lower-cost solution to their funding issues
Botched legal work in BT privatisation responsible for potential £23 billion pension liability for UK taxpayers
Flawed legal agreement behind landmark UK privatisation leaves UK taxpayers counting the cost
Current models limited says Joint Forum report
A report by the Joint Forum – a group looking at issues common to the banking, insurance and securities exchange sectors - says risk aggregation models used by all three industries contain significant weaknesses
FSA defends "risk sensitive" Solvency II data weightings
FSA says weighting of data in SCR calculation should be driven by economic environment - and is not pro-cyclical