Insurance Risk/News
Generali cat bond launch showcases ILS innovation
Unique structuring methodology frees insurer to access capital markets all year round
Decision on systemically important reinsurers delayed
Designation process will be postponed until November
US opposition to ComFrame intensifies
Industry body claims global standards clash with domestic legislation
PRA internal model demands excessive, say insurers
Companies struggling to reconcile long- and short-term views
Eiopa tests insurers' resilience to sovereign stress
Firms to apply sovereign crisis and 'Japanification' scenarios
Catastrophe modellers embrace open platforms
Liberalised cat modelling market will place extra demands on model validation
PRA pushes on with recovery plans for domestic insurers
Firms asked to tackle sources of intragroup interconnectedness
Rival vendors unveil open cat modelling platforms
New product suites offer increased transparency and customisation
Solvency II technical draft too harsh, firms claim
Industry representatives call on Eiopa to soften draft specifications
US regulators grapple with proposed XXX captives fix
States concerned over use of ‘deregulatory' valuation approach
Concerns mount over periodical payment orders
General insurers embrace capital modelling and revised ALM strategies
Own funds rule will reduce reported solvency ratios, say insurers
Industry says European Commission proposal will have negative side effects
New York defies NAIC on principle-based reserving
Superintendant Lawsky introduces new formula-based methodology
Insurers face tight deadline for matching adjustment
Firms urged to rush restructuring of portfolios for Solvency II long-term guarantee measure
International capital standards expected to merge, say insurers
Insurers question whether one standard will eventually replace another
Solvency II proposals cause confusion on non-euro extrapolation
Draft delegated acts suggest the last liquid point for non-euro currencies could shift
Cuts to securitisation capital charges too small, say experts
But European Commission proposals can stop insurers becoming forced sellers of low-risk securitisations
Insurers urged to review data licence requirements
Negotiate with vendors now to secure best prices, say experts
UK annuity reforms may squeeze insurers' appetite for illiquid assets
Allocations to infrastructure and property expected to reduce following Budget
Cap 'too high' on Solvency II credit risk adjustment
Proposed changes will fail to prevent balance sheet volatility, say experts
Aviva longevity swap raises questions for intermediaries
Insurer goes direct to reinsurers for £5 billion pension scheme risk transfer
Solvency II asset data formatting will breed ‘inconsistencies’
Insurers and asset managers warn of difficulties generating coherent data codes for alternative assets
Commission 'must ensure proportionality of Solvency II' rules as MEPs give green light to new regime
Omnibus II approved by European Parliament
Insurers weigh home-loan investment as efficient source of yield
Capital charge for residential mortgages under Solvency II makes buying loan portfolios more attractive, say bankers