Insurance Risk/News
Commission urged to curb supervisors’ leeway on volatility adjustment
Delegated acts must set stringent conditions for calculating fundamental spread, insurers say
France to require full Orsa as it rejects Solvency II interim measures on governance
Insurance supervisor will also allow XBLR reporting, says regulator's head of Solvency II
New Solvency II capital charges still threat to ABS demand
European insurer demand for debt securitisations could vanish despite proposals for lower capital charges
Insurers eye opportunities in commodity trade finance
CX Re and Partnership Assurance invest in CTF assets
Longevity swap volumes poised for record-breaking highs
Competitive pressures and greater pricing transparency spur growth in 2013
Policy-makers consider extending capital backstop to global insurers
IAIS to decide in 2014 whether to apply basic capital requirement beyond systemically important insurers
Federal Insurance Office calls for enhanced role in group supervision
Long-awaited report proposes reforms to US state and federal practices
UK regulator 'will not gold plate Solvency II' - Adams
Prudential Regulation Authority to copy wording 'as closely as possible'
EIB credit enhancement lures UK insurers to project bond
Capital efficiency of A3 bond tempts insurers
Australian cyclone derivative ‘proves resilience of traditional cat insurance market’
Innovative weather risk transfer deal exposes limitations of ILS
UK regulator warns insurers over poor asset valuation controls
Failures observed in valuation governance, documentation and models
Delta Lloyd to lead European insurers into private debt market
€750 million collective fund to invest in loans to mid-cap corporates to be launched next year
‘Unhedgeable’ risk-free curve extrapolation method implied in Omnibus II text
Controversial Smith-Wilson technique expected to be confirmed in level 2 implementing measures
Italian life insurers look to dynamic hybrids to reduce guarantees burden
Generali sets trend with innovative rebalancing mechanism
Actuarial resource constraints hold back growth in central and eastern Europe
Lack of data and market fragmentation also challenging, say insurers
Global capital standard may require ‘adjustments’ to national supervisory regimes
European regulators prepared to reopen Solvency II to comply with future international quantitative standard
BBB limits in matching adjustment scrapped in Omnibus II deal
Ceiling on BBB-rated bonds and forced sale on downgrade removed from final Omnibus II compromise text
Insurers boost allocation to private equity
Blackrock survey finds more than half of firms likely to increase investment in asset class
Disclosure of Solvency II's long-term measures benefit risks ‘misinterpretation’
Dual-reporting could confuse investors and undermine confidence in the LTG package, say experts
Swedish insurers to suffer capital hit as regulator approves rule changes
Calls to delay December implementation fall on deaf ears
Insurers demand clarity on Omnibus II
Equivalence, credit risk adjustment and details on level 2 text urgently needed, say top insurance executives
Omnibus II agreement puts Solvency II back on track
More generous long-term guarantees package and long transitional period in deal
UK insurers dismiss risk of bulk annuity capacity crunch
Increased activity forecast for 2014, but rumoured supply overload unlikely
Barnier to attend crunch trilogue to see Solvency II negotiations ‘over the finish line'
Profound changes expected to long-term guarantees package