News/comment

“Industry needs to find QIS5 consensus”

29 July 2010

Barrie & Hibbert survey shows many different views

Published in: Regulation - supervision

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NAIC seeks CMBS modeller to assess insurers’ risk

29 July 2010

Will parallel PIMCO’s role in RMBS

Published in: Regulation - supervision

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Bermuda highlights Solvency II equivalence steps

28 July 2010

Regulatory update spells out enhancements to insurance framework

Published in: Regulation - supervision

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Hiscox CEO says $30bn storm needed to boost prices

26 July 2010

Also warns insurers will be “second-class citizens” under Bank of England

Published in: Cat risk - ILS, Regulation - supervision

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European actuaries praise QIS5

23 July 2010

Seamus Creedon says it recognizes insurers’ business model

Published in: Regulation - supervision

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Lloyd’s welcomes Federal Office of Insurance

19 July 2010

Hopes new body will help Solvency II equivalence

Published in: Regulation - supervision

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Bermuda boosted by CEIOPS equivalence paper

15 July 2010

Question marks remain over US status

Published in: Regulation - supervision

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CEIOPS lists key countries for Solvency II equivalence

14 July 2010

Consultation paper 81 published

Published in: Regulation - supervision

Analysis

QIS5: "Most of the key issues remain"

13 July 2010

This is in spite of a further slight softening of requirements for the industry. Towers Watson summarizes the changes that the final technical specification for QIS5 has made to the draft specification.

Published in: Regulation - supervision

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How Solvency II will change insurers’ ALM and investment strategies

12 July 2010

The QIS5 discounting rules should encourage greater derivatives usage while the proposed capital charges for credit will encourage a focus on shorter-duration higher quality bonds, argues Peter McGloughlin.

Published in: Investment risk, ALM, Regulation - supervision

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Is your board fit for Solvency II?

02 June 2010

Insurance company board members may think they understand the risks within their business. But Solvency II requires a huge shift for directors in demonstrating this to the satisfaction of regulators, says Rory O’Brien.

Published in: Risk governance, Regulation - supervision

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Treat systemic risk as an emerging risk

26 May 2010

Financial crises and the associated systemic risks can be treated as any other emerging risks, believes Dave Ingram, but the crucial risk that has to be detected is the one that could create a massive loss among highly interconnected firms.

Published in: Risk governance, Market risks, Regulation - supervision

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"UK Life" solvency ratio falls under QIS5

17 May 2010

Milliman's scenario-testing using a notional life insurer reveals a likely decline in the standard formula solvency ratio, worsened by the fall-out from the financial crisis. Scott Mitchell and Fred Vosvenieks explain

Published in: Regulation - supervision

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"QIS5 is only a stepping stone"

12 May 2010

Insurers need to continue lobbying and maintain vigilance in order to ensure that the concessions made towards the industry by the European Commission on 15 April are sustained. The proposals could change yet again and cause further upward pressure on capital requirements, warns one of the respondents to our questions on the QIS5 draft.

Published in: Regulation - supervision