Insurance Risk/News
Further longevity deals expected in 2013
More deals expected to take place in 2013, but complexity of transactions is expected to limit market growth
Insurance Risk North America: Insurers must 'break addiction to policy guarantees' in low-rate environment
Lack of product innovation means not enough products work in the low interest rate environment, panellists complain
Commission targets January start for long-term guarantees assessment
Commission targets January start for long-term guarantees assessment
Phase-in of Solvency II a threat to level playing field, warn insurers
Phase-in of Solvency II a threat to level playing field, warn insurers
Investment in infrastructure set to rise as insurers seek yield
Swiss Re infrastructure deal shows developing appetite of insurers to finance long-term projects
Small reinsurers ‘shortening bond durations’ to protect against interest rate volatility
Companies prepared to take ALM mismatch to access higher yields on reinvestment
German insurers' life guarantee reserves 'to double' in 2013 as low yields bite
Increased ZZR reserves 'threat to insurers' business model'
Value of multi-peril cat bonds challenged
Combining uncorrelated perils does not necessarily make bond more attractive and presents valuation challenges, say bankers
Risk governance and reporting elements of Solvency II should be implemented early - Bernardino
Eiopa chairman says it is time to 'move on' with Solvency II as lack of certainty is threatening EU's credibility
Insurers begin 'cautious' re-risking of investment portfolios as yields slump
Third-quarter results show small increase in equity exposure and lower-grade corporates
Calls for better modelling of business interruption losses following Hurricane Sandy
Contingent business interruption models beginning to emerge, but data a challenge
Calls for Eiopa to clarify non-life cat SCR technical specifications
Specifications unclear on premium volume definition for risk-factor calculation, say actuaries
Mutuals warn of capital threat from UK 'twin peaks' regulation
Guidance needed on treatment of with-profits fund surpluses under new supervisory regime
Insurers hope for agreement tomorrow on long-term guarantees assessment
Insurers concerned that assessment could overlap full-year reporting as debate over matching adjustment continues to delay impact test
Norwegian regulator to ease internal model timetable in wake of Solvency II delays
French regulator also considering adjusting pre-approval schedule
Loss-absorption proposals for systemically important insurers flawed
IAIS proposals will encourage regulatory arbitrage due to lack of global capital standard,experts warn
FSA ring-fencing proposals threaten with-profits fund rescues
Regulator faces gold-plating criticism over transposition of Solvency II into sourcebook
FSA proposals to ease Icas modelling burden raise questions over inclusion of Solvency II risk margin
Suggestions that regulator is already beginning to apply Solvency II assumptions to capital calculations
EU elections could derail Solvency II development, warn insurers
Solvency II must be completed this parliamentary term, insists Econ chair Sharon Bowles
Insurers welcome Eiopa’s review of capital charges on infrastructure and securitisations
Standard formula is too harsh and fails to reflect real risk of long-term finance, say insurers
Insurers 'must understand risk on non-traditional assets'
Modelling and regulatory impact of new asset classes must be considered in search for higher yield
Data challenges for cat risk ‘threatens standard formula usage’
Lack of data could force insurers with non-standard catastrophe risks to use internal model, warns Insurance Europe
Solvency II: Orsa disclosure 'could boost insurers' ratings'
Greater transparency could be beneficial, but care must be taken over what is disclosed, speakers say
Insurers push for new way to recognise equivalence of Canada
Regime recognition mechanism proposal should be agreed in Omnibus II, says Standard Life's Porteous