News/comment

France gets new super-regulator

09 March 2010

Insurance veteran is appointed its vice-president

Published in: Regulation - supervision

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Liquidity premium report is a step forward, says Towers Watson

05 March 2010

But the price of annuities is still likely to rise

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

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Task force report details liquidity premium choices

04 March 2010

Main points highlighted by CEIOPS’ group on the liquidity/illiquidity premium issue

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

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Liquidity premium report is “positive”, says ABI

03 March 2010

Industry gives cautious praise for key annuity development

Published in: Regulation - supervision

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Insurance CEOs enter systemic risk debate

26 February 2010

We don’t pose a risk to financial stability, Geneva Association insists

Published in: Regulation - supervision

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Aegon makes key Solvency II appointment

25 February 2010

UK CRO promoted

Published in: Regulation - supervision

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“Train, don’t hire, for internal models”

25 February 2010

Towers Watson gives advice for pre-pre-application phase

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

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Survey shows large gaps in Solvency II preparation

24 February 2010

Pre-application process will be “exacting”, FSA warns

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

Analysis

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

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Do insurers pose a systemic risk?

18 February 2010

The case against the banks is pretty damning, given the financial crisis. But insurers? As regulators fret over who and what causes systemic risk, the insurance industry is on the defensive. Jessica Baylis sifts through the arguments over its systemic relevance.

Published in: Investment risk, Market risks, Regulation - supervision

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Torus builds its risk management framework

18 February 2010

Under new CRO Carl Groth, the framework is being closely integrated with the business and risk analytics are seen as an important driver that gives the company a competitive advantage.

Published in: Risk governance, Regulation - supervision

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Aviva covers all the angles on Solvency II

09 February 2010

The company’s director of group solvency, Teddy Nyahasha, explains Aviva’s goal of a collective group view of risk, the value of dialogue with continental European regulators and the lessons learned from the ICAS regime. Interview by Jessica Baylis

Published in: Risk governance, Regulation - supervision

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CEIOPS’ final advice sets tone for QIS5

09 February 2010

There are disappointments for the industry on some issues, and decisions on other points have been deferred in the final advice on the Solvency II level 2 implementing measures. Here’s a shortened version of Towers Watson’s guide to the advice.

Published in: Regulation - supervision

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Pre-application for internal models will be challenging

03 February 2010

The process laid out in the 81 pages of CEIOPS guidance requires reams of information from insurers and lengthy dialogue with the supervisors, as Towers Watson explains.

Published in: Capital - models, Regulation - supervision