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Analysis

Late transposition hampers Solvency II applications

More than half of European countries have not yet written Solvency II into their national laws, prompting supervisors to set up voluntary processes to apply for internal models and adjustments. Hugo Coelho reports

Deal on reinsurance collateral stalls over bureaucratic hurdles

Negotiations between the EU and the US were scheduled for before the summer, but have yet to start. There is a growing concern that the delay thwarts plans to grant the US equivalence status under Solvency II before the regime goes live. Hugo Coelho reports.

Revealing the risk from climate change

North American actuarial organisations have collaborated to produce indices that will help understand the risks associated with climate change, as Doug Collins and Caterina Lindman explain

Dutch insurers derailed by Solvency II surprises

Setbacks in internal model approvals have put a strain on Dutch insurers' plans for Solvency II and raised fears that the European industry is less prepared than it thinks, Hugo Coelho reports

The innovation game

As venture capitalists invest a record amount of money in insurance technology, insurers are joining their ranks in the race to find the next disruptive technology. Asa Gibson reports

Hannover Re plans operational risk review after internal model approval

Chief risk officer Eberhard Mueller talks to Christopher Cundy about the years of work behind its Solvency II internal model and how he plans to develop the reinsurer's approach to operational risk modelling

'Extracting value from the internal model' is a flawed approach

Internal models will fail in their attempt to serve two masters – the regulator and the business – so insurers should fundamentally rethink how they can benefit from their years of development work, argues Adrian Ericsson

Comments (2)

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    A stamp of approval

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    getting the best performances out of hard drives, both when reading and writing files, is crucial so that actuaries get their results within an acceptable timeframe.

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    Free expert paper - Aggregation Criteria in risks' modeling service

    This paper presents a concrete solution to optimize input creation process for risk modeling while improving quality and thoroughness of model results by dealing with clustering on dataset liability.

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    Solvency II - Are you ready for challenges?

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