Insurance Risk/News
Experts call for changes to first global insurance capital standard
Concerns mount over calibration of BCR and higher loss-absorbency
PRA: internal model insurers need a ‘plan B’
Firms must prepare in case their models are rejected, says regulator
UK regulator updates industry on matching adjustment
Insurers left uncertain about treatment of derivatives and equity release
Matching adjustment: delegated acts leave risk margin unclear
Industry still split on inclusion of spread risk in calculation
Solvency II equivalence: uncertainty frustrates model applications
Use of volatility adjustment for third-country subsidiaries also in doubt
Video: Jan Parner, Finanstilsynet, on the prudent person principle
Deputy director-general explains approach of Danish FSA
Commission slashes ABS charges in delegated acts
Solvency II measures aim to boost infrastructure and securitisations
Imap burden 'exorbitant' - Allianz CRO
Documentation for approval process running to 110,000 pages
National supervisors behind in Solvency II preparedness
Eiopa's Jarl Kure: 'there's still a lot to do'
Slow down, make friends and have faith, panel tells top risk managers
CROs from top insurers spell out how to excel in their role
US commissioner warns against focus on group capital
International standard-setters should not ignore legal-entity level view
Driverless cars and 'digital exhaust' are emerging risks
Zurich CRO highlights three risks insurers will face in future
Firms underestimating effect of prudent person principle
Danish regulator says investment activities will be transformed
Insurers switch to absolute return
Benchmarking falling out of favour, says BlackRock report
Watered-down matching adjustment would be ‘utterly worthless'
Inclusion of credit risk in risk margin criticised
Insurers underestimating Pillar III reporting demands
Firms need technology solutions that can update in line with regulation
Fed oversight 'welcome', says AIG's Sankaran
Chief risk officer says federal regulation necessary to close regulatory gaps
'Deck stacked against' MetLife appeal on Sifi status
Insurer faces uphill battle to reverse FSOC decision
UK insurers cautioned on Solvency II credit risk assumptions
Regulator challenges "mechanistic re-application" of matching adjustment
Standard formula insurers face higher operational risk capital charge
Change to definition of unit-linked expenses would increase firms' SCR
Insurers review options as collateral pressures grow
Insurers are under increasing pressure to plan access to collateral
IAIS warned over plans to shut members out of committees
Changes will prevent stakeholders raising 'red flags' to certain proposals
Trade associations blast ‘flawed’ Basic Capital Requirement
Insurance industry responds to IAIS consultation on key G-Sii measure
ABI urges joint application process for long-term guarantee measures
Single process would reduce costs and time involved in applying for adjustments