Capital management Equity, Debt, Hybrid, Corporate Strategy
News
S&P reins in "excessive complexity" of credit rating criteria
Less than half of ratings expected to change
Credit ratings hinge on response to regulation, not regulation itself
Complex capital adequacy models may not avoid another crisis, says Moody's
S&P publishes revised criteria for rating insurers
But few ratings expected to be affected
Diverse ERM approaches benefit insurance market
Geneva Association interviews CROs to inform ComFrame discussion
Aspen Re launches capital markets division
Brian Tobben appointed managing director
Ace launches $95m sidecar
Non-traditional reinsurance capital takes 14% share of global limit
Surge of reinsurance capital to reshape financial structures
Life insurance loses out to banking as premiums fall 7.3%
ILS pricing down 70% at April renewals
Reinsurers face capital threat
Bermuda reports over $100bn aggregate capital
Analysis
Generating return in a cold climate
Low interest rates are prompting insurers to look to further afield in their hunt for yield. For those with resources and dedication, two major areas of focus right now are corporate loans and infrastructure lending. But are these the assets of the future that many say they are? Sarfraz Thind reports
A strategy to suit each point in the insurance cycle
Choosing a strategy to cope with the ups and downs of the business cycle has been an enduring quest for insurers. Alice Underwood and Dave Ingram offer a solution
Coping with competing views on capital setting
In the second part of the InsuranceERM/Towers Watson roundtable on capital management, participants discussed the impact of ICAS+, the Prudential Regulation Authority's view on internal models and the importance of rating agencies
Lloyd's Solvency II 'soft landing' is ICAS+ and a little bit more
Lloyd's of London has been in the vanguard of regulators when it comes to Solvency II preparations, sticking to a strict timetable with little leeway. It's now relaxed its plans after numerous delays to the directive, but is still forging ahead of the regulators. Lorna Davies reports
Managing capital through the fog of Solvency II
Delays and doubts about Solvency II implementation have created fresh challenges for insurers in managing their capital. In part one of this InsuranceERM/Towers Watson roundtable, participants discussed how it can be an opportunity to do things better
How the matching adjustment helps insurers in a crisis
Daily solvency monitoring offers valuable insights into an insurers' risk profile and its regulatory capital requirements – and demonstrates the potential power of the matching adjustment. Matthew Cocke, Russell Osman and Russell Ward explain