News/comment

Trading longevity risk will need time to develop

08 February 2010

But Moody’s believes it will be positive for primary insurers and resinsurers

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Ex-insurance executive appointed to IASB

05 February 2010

Former CFO of Hannover Re one of two new members

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S&P strips Berkshire Hathaway of AAA rating

05 February 2010

By Reuters News

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Aon Benfield launches monthly cat report

04 February 2010

The first issues provides data on catastrophes in Haiti, California and Europe

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PIC insures Liberty International’s pension scheme

04 February 2010

Second FTSE 100 risk transfer transaction for the buy-out company

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US life insurance rating outlook still negative -Moody's

03 February 2010

By Reuters News

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Munich Re posts increased profits

02 February 2010

Group exceeds return expectations; reinsurance benefited from low natural catastrophe claims

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NZ Superfund to invest in cat bonds

02 February 2010

By Reuters News

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Torus appoints group CRO

01 February 2010

Carl Groth joins from Deloitte

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Association formed to trade longevity risk

01 February 2010

Aim is to create standardized products and liquid market

Analysis

Pre-application for internal models will be challenging

03 February 2010

The process laid out in the 81 pages of CEIOPS guidance requires reams of information from insurers and lengthy dialogue with the supervisors, as Towers Watson explains.

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Using nested simulation for economic capital

27 January 2010

Using nested simulation for economic capitalThe number of risk drivers and potential complexity of their joint distribution makes it natural to adopt a simulation approach to estimate the tail percentile of a balance sheet, explains Steven Morrison

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Modelling infectious disease risk

20 January 2010

Modelling infectious disease riskThe entire realm of possible pandemic characteristics can be quantified using historical data, as well as established principles of epidemiology, virology and mathematical analysis and modelling, explains Dr Maura Sullivan

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Why the valuation of RMBS holdings needed changing

12 January 2010

Why the valuation of RMBS holdings needed changingThe NAIC found many flaws in the way that mortgage securities held by US insurers have been rated in the past and decided on a different approach, as Michael A Cohen explains

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Better integration and communication of risks needed

06 January 2010

Better integration and communication of risks neededThis should be the aim of insurers in 2010, along with a more pragmatic approach to modelling and lobbying for simpler regulation. Industry experts outline these and other developments they’d like to see in ERM this year

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2010 will bring many challenges, warn risk experts

05 January 2010

Among them: increasing regulatory burdens, a talent shortage, investment dilemmas and looming inflation. Our panel of industry soothsayers spell out their concerns.

Opinion

Opportunities abound for actuaries who relish challenge

25 January 2010

Those with risk and capital management skills will be most in demand, and the trend from technical to business actuary will also gather pace, says Chris Cannon

Opportunities abound for actuaries who relish challenge

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Insurance regulation will stay lighter-touch than the banks’

19 January 2010

Insurers came through the financial crisis relatively unscathed and don’t pose systemic or liquidity risks, argue Jonathan Hekster and Toby Langley

Insurance regulation will stay lighter-touch than the banks’