Insurance Risk/News
Eiopa ‘politically naive’ to scrap national vetoes on long-term guarantees package
Agreement on Omnibus II more difficult if opt-outs removed, warn experts
Regulators clash over global capital standard for insurers
Harmonised quantitative requirements no 'silver bullet', says US state regulator
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
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
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
Fears volatile model warning indicators could lead to unjustified action
UK regulator urged to reconsider proposed early-warning indicators to reflect better changes in economic conditions and not penalise insurers’ de-risking strategies
Life and Pensions Nordics: Insurers call for clarity on interim measures
Swedish regulator will not make guidelines legally binding on firms
Life and Pensions Nordics: Interim measures 'not undemocratic' – Eiopa
Guidelines 'necessary for convergence' but fears of two-speed implementation
Eiopa developing early-warning indicators to monitor internal models
Indicators needed to identify situations where a firm's model no longer meets Solvency II calibrations, saya Eiopa
Life and Pensions Nordics: regulators and insurers must respond to guarantees challenge
Solvency II must support long-term guarantees but insurers must develop simple products, says Nordea Life and Pensions CRO
Bernardino calls for dramatic extension of Eiopa's powers
Let Eiopa levy fees on insurers and carry out direct supervision, argues chairman
Shadow bank reforms ‘should prompt review’ of Solvency II money market fund charge
Treat regulated money market funds more like banks deposits, says top law firm
‘Credible risk’ that last liquid point for UK risk-free curve could change
Concerns raised over Eiopa’s discretion over methodology
Solvency II interim measures a 'win-win' for insurers and supervisors - Bernardino
Guidelines necessary to achieve convergence and improve quality of preparations, says Eiopa chairman
Insurers target value-in-force monetisation transactions to boost regulatory capital
But securitisations still a challenge, say experts
Australian insurers and banks gear up for regulatory changes
Regulator seeks harmonised risk management and governance across the industry
Insurers bolster inflation protection
Hedging assets sought to combat escalating risk of interest rate and inflation spike
UK regulator right to retain flexibility to force changes on internal models
Head of the PRA plans to use early warning indicators in supervisory work, notwithstanding the risk of EU challenge
US insurers target European commercial real estate debt
Attractive yields and supply demand mismatch spur interest
Better risk data vital if insurers to boost disaster coverage
Steps to improve risk modelling needed if Europe wants insurers to increase cat risk exposure, say experts