Analysis

Danes keen to enforce 2014 Solvency II deadline

Danes keen to enforce 2014 Solvency II deadline

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

FSA highlights weaknesses in insurers' models

FSA highlights weaknesses in insurers' models

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 ERM: setting the tone from the top

Zurich's ERM: setting the tone from the top

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

Striving for "one version of the truth"

Striving for

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

Solvency II will hit securitisations but may boost derivatives' use

Solvency II will hit securitisations but may boost derivatives' use

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

How Solvency II will affect insurers' bond and equity investments

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

"Convergence does not mean harmonisation"

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