Insurance Risk/News
Firms struggle to replicate Eiopa volatility calculations
Insurers unable to accurately forecast key regulatory numbers
PRA view on sovereign risk hedging too simplistic, say experts
UK regulator failing to consider complexities of risk free rate
‘Fixed is fixed’ – DNB stands firm on matching adjustment
Dutch regulator unmoved on mortgages and group pensions
BoE challenged US Treasury on G-Sii status of Berkshire Hathaway
Disagreement among FSB members pointed to by BoE letter
EU infrastructure funding risks ‘crowding out' insurers
Strategic fund could force down yields, says Insurance Europe
Capital charges no obstacle to infra investment – Montalvo
Regulator: poor risk-return the real barrier to insurers becoming more active
PRA letter on equity release leaves insurers puzzled
Internal structures allowed, but firms pushed towards internal models
DNB takes firm line on matching adjustment repacks
Structuring of assets must remove residual prepayment risk
Commission hopes to cut infrastructure charges before 2016
Aggressive timetable outlined for reassessment of infrastructure capital charges
Hong Kong RBC proposals could lead to inconsistency – Axa Asia CRO
Proposals diverge from market-based approach
Internal model firms tested by delays on equivalence
European parliament urges commission to act
MetLife Sifi fight draws in state regulators
Insurance commissioners say views ignored by federal agencies
Terrorism risk act poses challenges for US monolines
Higher loss trigger will force smaller insurers to reassess risk appetite
Gaps in US captive rules will slow reserve financing market
Capital charge uncertainty expected to affect first quarter activity
IAIS keeps options open with first proposals for global standard
Standard-setter defers decision on valuation basis
Eiopa cuts matching adjustment risk margin
UK insurers welcome additional capital relief
EU insurance stress tests reveal industry vulnerability to ‘Japanification’
Quarter of firms would suffer negative cashflows in prolonged low interest rate scenario
NAIC nears adoption of disputed rules on captives
Actuaries warn of non-compliance cost to end-consumers and impact on insurers
With-profits models lack sophistication, survey shows
Towers Watson survey reveals over half of insurers do not project risk appetite
Nigel Wilson: industry must take lead in shaping new products
Engagement with policy-makers vital, says L&G chief executive
FSB delays designation of systemic reinsurers
IAIS assessment methodology under fire again for lack of clarity
Regulators must treat insurers differently from banks - Silitch
CRO of Prudential Financial puts case for longer-term view on capital
Insurers must prove bank-style run risk worries wrong
Be open about liability illiquidity, urge panellists
Volatility adjustment flaw incentivises risky investments by insurers
Bankers point to opportunity for insurers to load up on short-dated credits