But there will probably be a long transition, says LCP
Fitch points to last year's Asia-Pacific losses
Would be triggered by cat losses
Troika brings together Barnett Waddingham, Experimentus and Synergy Compliance
Survey finds only 16% prepared
With the trialogue discussions intensifying over the final form of Solvency II, Denmark, which holds the presidency of the Council of the EU, has stated its determination to keep to the 2014 timeline for implementation. Yet with key issues still outstanding, the outcome is finely balanced, as Sarfraz Thind reports
Documentation, model change policy, methodology and assumptions, aggregation and dependency assumptions, validation and approach to the use test are all criticised in Adams' letter to insurers
Zurich’s aim of embedding enterprise risk management into the fabric of the company is perhaps exemplified by having its CRO, Axel Lehmann, report to the CEO and the board’s risk committee. Lehmann explains the company’s risk framework to Lorna Davies
To achieve this and satisfy Solvency II's requirements on data transparency, companies must revisit all their systems and manual processes. Martin Philpott spells out the challenges involved
Securitisations, hedge funds, real estate and private equity are not favoured assets based on Solvency II capital charges, but derivatives may offer insurers some flexibility, as Safraz Thind explains
Solvency II is driving changes in the way insurers manage their assets, with equities looking likely suffer. But how big an impact on asset allocation overall will there be? Sarfraz Thind looks at the implications for bonds and equities. A subsequent article will cover other investment classes
Allow national supervisors enough flexibility for judgement, says Eiopa's Gabriel Bernardino in a thinkpiece that also touches on the volatility of own funds and the solvency position of pension funds