Opinion

The use test: a simple suggestion

26 July 2010

The use test: a simple suggestionMany are concerned about how the Solvency II’s “use test” for internal models will be conducted. David Ingram has an elegant solution

Published in: Risk governance, Regulation - supervision

.....

Operational risk management is a value-adding discipline

15 July 2010

Operational risk management is a value-adding disciplineThe process is as much cultural as technical, says Adam Seager. People need to be empowered to identify and record operational loss data in a secure blame-free environment.

Published in: Operational risk, Regulation - supervision

.....

Lloyd’s blazes the Solvency II trail

07 July 2010

Lloyd’s blazes the Solvency II trailFinance director and head of risk management Luke Savage sees Lloyd’s as being able to set the direction for the UK non-life industry. But driving a centralized approach to Solvency II for over 50 entities poses unique problems, as he describes here.

Published in: Regulation - supervision

.....

“The industry is behind Solvency II as a principle”

26 May 2010

“The industry is behind Solvency II as a principle”The problems arise from the calibration that the regulators are asking for, says Raj Singh, Swiss Re’s CRO, as he reflects on the lessons of the past 18 months in this interview with Jessica Baylis.

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

.....

Insurers must not be over-regulated

28 April 2010

Insurers must not be over-regulatedThe more voluminous the guidance, the more rigid a legislative framework becomes, says Hitesh Patel. And Solvency II’s complex rules and capital requirements could make the insurance industry less transparent to investors and the general public.

Published in: Regulation - supervision

.....

Mortality methodology focuses more on the future

22 April 2010

Mortality methodology focuses more on the futureCollaboration between scientific and medical researchers and professionals in the insurance and pensions industries is bringing new insights into possible improvements in longevity and how they can be achieved, explains Daniel Ryan

Published in: Longevity - mortality

.....

DB pension risk management needs a revolution

14 April 2010

DB pension risk management needs a revolutionTimeliness of information is a major issue but new technology is now available to address this, explains Darren Best

Published in: Longevity - mortality

.....

Keeping it Simple

11 March 2010

Keeping it Simple“Agent-based models” have been used successfully to replicate complex behaviours with very simple rules. Neil Cantle examines the implications for financial modelling.

Published in: Capital - models

.....

Reinsurance shifts from risk mitigation to capital management

10 March 2010

Reinsurance shifts from risk mitigation to capital managementReinsurance offers more flexibility than the capital markets since its structure can be adjusted to the development of the risk profile every year, says Margarita von Tautphoeus, head of Solvency consulting at Munich Re

Published in: Capital - models, Insurance risk

.....

Opportunities abound for actuaries who relish challenge

25 January 2010

Opportunities abound for actuaries who relish challengeThose with risk and capital management skills will be most in demand, and the trend from technical to business actuary will also gather pace, says Chris Cannon

Published in: Corporate strategy, Risk governance, Regulation - supervision

< Newer itemsOlder items >