News/comment

Aegon to withdraw from some businesses

22 June 2010

Aims to increase return on capital by 7% in UK business

Published in: Corporate strategy, Capital - models, Longevity - mortality

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Expect changes to product and investment strategies

16 June 2010

Fitch expands on rating impact of Solvency II

Published in: Corporate strategy, Capital - models, Investment risk, Regulation - supervision

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Bernstein questions reliability of hurricane forecasts

09 June 2010

And thinks reinsurance market is “significantly over-capitalized”

Published in: Capital - models, Cat risk - ILS

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Munich Re ups Chile quake hit, profit goal tougher

08 June 2010

By Reuters News

Published in: Corporate strategy, Capital - models, Cat risk - ILS

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Pru defends Asia bid amid shareholder anger

08 June 2010

By Reuters News

Published in: Corporate strategy, Capital - models

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Reinsurers’ low P/B ratios cause credit concerns

07 June 2010

Suggests reinsurance is out of favour, Moody’s warns

Published in: Capital - models, Cat risk - ILS

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Prudential confirms AIG deal terminated

03 June 2010

By Reuters News

Published in: Corporate strategy, Capital - models

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UK's Prudential ends $35.5bn Asian takeover bid

02 June 2010

By Reuters News

Published in: Corporate strategy, Capital - models

Analysis

Calculating the solvency capital requirement, part 1

24 June 2010

Although covariance matrix methodology is the basis of the Solvency II standard formula, it contains serious flaws that lead to a high level of inaccuracy. Adam Koursaris examines this approach in the first of a series of articles on SCR calculation

Published in: Capital - models

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Avoid oversimplifying risk analysis

22 April 2010

A single-characteristic risk classification system is flawed. Neil Cantle and Oliver Gillespie describe an alternative way of classifying risks according to their multiple underlying characteristics.

Published in: Capital - models, Risk governance

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Choosing the right equity model

13 April 2010

For projecting returns over one year, you want to keep your model simple but you also need to avoid underestimating the risks, explains Steffen Sorensen

Published in: Capital - models

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Solvency II: how much should the CEO know?

25 March 2010

From the ORSA and risk management software to models and the use test, insurance company CEOs will face new tests of their knowledge as Solvency II approaches. Jessica Baylis asked five risk experts about the level of understanding that supervisors will expect of the CEOs.

Published in: Corporate strategy, Capital - models, Risk governance, Software, Regulation - supervision

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CROs must earn their place on the board

23 March 2010

A CRO’s greatest challenge is conveying the complexities of risk to their CEO. In an interview with Jessica Baylis, Kiln’s Andrew Hitchcox advises on how this can be overcome and argues for a greater focus on model breakdown risk.

Published in: Capital - models, Risk governance, Regulation - supervision

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How Solvency II impacts risk calibration

04 March 2010

For those companies interested in developing a partial or full internal model, a proper understanding of article 101 and its consequences for model architecture and calibration-related issues is crucial, explain Marc Beckers and Jürgen Wielandts

Published in: Capital - models, Insurance risk, Regulation - supervision