Reserves
Fishing for Sifis: row over Nobel laureate’s risk model
Engle’s tool for ranking risky firms is one of many that are dividing industry, academics and regulators
The impact of model risk on capital reserves: a quantitative analysis
This paper analyzes and quantifies the idea of model risk in the environment of internal model building.
You win some, you lose some
Regulators cannot always be as tough or as lenient as they would like
New York defies NAIC on principle-based reserving
Superintendant Lawsky introduces new formula-based methodology
German insurers respond to ZZR reserve squeeze
That sinking feeling
State regulators turn fire on NAIC over principle-based reserving
New York commissioner publicly breaks ranks claiming new system will be ineffective
US industry at odds over future of XXX captives
Competing solutions to A/XXX reserving proposed as Moody’s warns use of special-purpose vehicles ‘credit negative’
Dutch insurers tackle regulator on solvency impact of France downgrade
Drop in ECB AAA curve will also affect German insurers’ guarantees reserves
German insurers' life guarantee reserves 'to double' in 2013 as low yields bite
Increased ZZR reserves 'threat to insurers' business model'
US insurers expected to redesign products in response to new reserving guidelines
NAIC approves new principles that could increase reserves held on certain universal life products