Insurance Risk/News
Eiopa official says no major cut in risk margin on the cards
Policy head expects no big changes in capital from 2018 Solvency II review
Insurers cannot get round Brexit with ‘brass plaques’ – CBI
Firms will need a substantial presence in Ireland to sell into single market, says regulator
Transitional resets pose reporting challenge for insurers
Uncertainty over approval process leaves firms “in limbo”
Negative rates force decline in yen life products
Japan’s life firms are increasingly focused on foreign-currency products
PRA invites post-Brexit transitional recalculations
UK regulator invites firms to recalculate smoothing effect to ease the pain of higher risk margin
BlackRock pitching long-short ETF trades as cash alternative
Investors turning to ‘cash-and-carry’ approach using exchange-traded funds
FSB endorsement missing from new G-Sii methodology
Financial Stability Board has not given seal of approval to designation method, French regulator voted against it
Global capital rules for insurers must allow internal models – ABI
European firms should be free to use in-house models for insurance capital standard, even if US firms cannot
Nordea cutting alternatives after shift to unit-linked products
Heightened lapse risk ends 20-year "romance" with hedge funds, says Nordea Life & Pensions CIO
Regulators see 'long journey' to getting Orsas right
Insurers still treating own-risk assessment too much like a compliance exercise, Nordic supervisors say
Balz slams IAIS for rule-making 'behind closed doors'
Failure to engage with European Parliament will delay and undermine international insurance regulation, says MEP
Eurex faces questions on savings from buy-side clearing
CCP rebuffs argument that direct membership model will add to risk
Lower UFR would be dangerously pro-cyclical – Bafin
Solvency II rate cut would crowd insurers into long-dated assets, says insurance chief
MetLife Sifi win leaves G-Sii status meaningless – US lawyers
Federal court decision brings whole Sifi and G-Sii designation process into question
Liquidity obsession 'irrational', says UK rail pension head
Chief executive of railways pension group says cost controls more important
UK regulator outlines wish list for Solvency II review
Risk margin “highly pro-cyclical” and ultimate forward rate “completely unrealistic”, says financial policy director
Pensions industry says permanent Emir exemption not enough
European Parliament and UK regulator push for carve-out, but industry unimpressed
Bundesbank’s Buch slams lower capital for insurers in infrastructure
Deputy president says the use of prudential regulations to achieve economic policy objectives is “highly problematic”
MetLife puts forward alternative approach to G-Sii designation
NTNI definition could be dropped from G-Sii assessment and replaced by liquidity measures, says insurer
UK insurance association slams ESRB report
'Very poorly timed' paper misses the point on pro-cyclicality, says ABI’s head of regulation
Banks pitch flexible ‘sunset CSAs’ for pension funds, insurers
New-style contracts allow clients to post government bonds as swap collateral until clearing exemption ends