Fitch points to last year's Asia-Pacific losses
Standard Life boosted by Canada
New national catastrophe fund won't help them either, says Moody's
Trade groups question reinsurance protectionism after 2011 cats
Some large Asian insurers are raising the level of their risk and capital management to reflect key elements of Solvency II but in its detail the directive represents a European framework and may not fit all requirements of Asian markets, as Graham Handy, Philip Rodd, Russel Lok and Sumit Narayanan explain
Last week Eiopa reported that Japan meets the criteria for equivalence assessment under Solvency II, but with certain caveats. Kunihisa Kawasaki describes the steps Japan has taken to update its risk-based capital insurance framework but says the country can't just "cut and paste" Solvency II.
Perhaps with an eye on the captive insurers in European locations concerned at forthcoming Solvency II regulations, as well as on the exploding demand for financial services in the Gulf, Qatar has launched an ambitious bid to become a base for captives. Lorna Davies assesses its chances of success.
While Switzerland, the US and Bermuda are seen as the most important countries in terms of equivalence with Solvency II, other jurisdictions are also pressing ahead in developing similar risk-based regulation. Lorna Davies reports.
Questions are again being asked about the performance of cat models after the series of disasters culminating in the tragic earthquake in Japan in March revealed shortcomings in key areas. How will the modelling community respond in the aftermath of Tohoku? Modellers and others give their views