Latest analysis

How to bring control and flexibility to actuarial processes, part two

28 July 2010

Last week Mark Schneider and Darren Robinson examined the data warehouse approach to reconciling these two goals. This week they conclude their article with a detailed look at the spreadsheet-based automation approach and the potential of combining the two approaches.

Published in: Risk governance

News/comment

IASB shakes up insurance accounting

30 July 2010

Exposure draft foreshadows big changes in income statements

Published in: Accounting - tax

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“Industry needs to find QIS5 consensus”

29 July 2010

Barrie & Hibbert survey shows many different views

Published in: Regulation - supervision

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Milliman releases new version of MG-ALFA

29 July 2010

It’s said to provide more flexibility and control

Published in: Software

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NAIC seeks CMBS modeller to assess insurers’ risk

29 July 2010

Will parallel PIMCO’s role in RMBS

Published in: Regulation - supervision

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Bermuda highlights Solvency II equivalence steps

28 July 2010

Regulatory update spells out enhancements to insurance framework

Published in: Regulation - supervision

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Asian typhoon and updated US quake models released

27 July 2010

EQECAT hosting events in Bermuda and New York to discuss them

Published in: Cat risk - ILS

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Hiscox CEO says $30bn storm needed to boost prices

26 July 2010

Also warns insurers will be “second-class citizens” under Bank of England

Published in: Cat risk - ILS, Regulation - supervision

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European actuaries praise QIS5

23 July 2010

Seamus Creedon says it recognizes insurers’ business model

Published in: Regulation - supervision

Analysis

How to bring control and flexibility to actuarial processes

22 July 2010

Actuarial teams are increasingly using technology to try to balance these potentially conflicting goals. Mark Schneider and Darren Robinson examine two approaches to dealing with this issue. The first part looks at the data warehouse approach. Part two next week.

Published in: Risk governance

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QIS5: "Most of the key issues remain"

13 July 2010

This is in spite of a further slight softening of requirements for the industry. Towers Watson summarizes the changes that the final technical specification for QIS5 has made to the draft specification.

Published in: Regulation - supervision

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How Solvency II will change insurers’ ALM and investment strategies

12 July 2010

The QIS5 discounting rules should encourage greater derivatives usage while the proposed capital charges for credit will encourage a focus on shorter-duration higher quality bonds, argues Peter McGloughlin.

Published in: Investment risk, ALM, Regulation - supervision

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