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Will EWIs make internal models redundant?
26 August 2014The UK's Prudential Regulation Authority continues to press ahead with the use of early warning indicators. Here Simon Yeung examines their usefulness in the face of criticism that they could in effect make internal models themselves surplus to requirements.
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Validation and adjustment of assumptions in catastrophe models
21 August 2014With the industry no closer to standardised benchmarks, companies will need to compare their own data and analysis with available commercial offerings to ascertain reasonable model uncertainty, argues Guillermo Franco
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Reporting: How much more does the ECB want?
19 August 2014The European Central Bank is currently finalising a piece of statistical regulation addressed to insurers, after discussions with the industry ended in July. The requirements will be largely aligned with Solvency II, but in a few areas the bank wants more data, as Hugo Coelho explains
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Solvency II: Pillar 3 issues for smaller insurers
14 August 2014Getting to grips with the reporting requirements for Solvency II for firms as they become more involved with Pillar 3 implementation has already been flagged as a challenge for many, but this is especially so for the smaller players in the market, argues Charles Portsmouth, who highlights the key issues for such companies
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Leading the underwriting pack
12 August 2014As one of the lead insurers for the tragic MH17 plane crash, German insurer Allianz has continued to make the headlines in recent weeks. Here Carsten Scheffel, CEO of Allianz Global Corporate & Specialty in London, talks to Marcus Alcock about the insurer's thoughts on integrated underwriting, Solvency II preparedness, and new areas of risk
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Economic scenario generators: a means to many ends
08 August 2014ESGs are widely used in capital calculations and enterprise risk management. Hal Pedersen and Stephen Sonlin explain how these critical tools work and what to look for in a good one
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Risk elephants are lurking in your business
05 August 2014Despite the great efforts that go into identifying and managing risks, there are some ever-present hazards that just do not get the attention they deserve. A recent IFoA working party sought to find out more about these elephants in the room. Christopher Cundy reports.
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Could the ILS market see a dead cat bounce?
31 July 2014The pricing of catastrophe bonds is picking up after a sustained and dramatic slump. But could it just be a summer lull before the action resumes in the autumn? Christopher Cundy asks market observers what they make of the recent trend
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UK insurers rush 'own interpretation' of Solvency II rules
29 July 2014The Association of British Insurers has compiled a confidential paper setting out the industry's reading of the Solvency II rules in a number of contentious areas, prompting an update from the regulator saying where they have got it wrong. Hugo Coelho reports
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Optimising the capital structure
24 July 2014By analysing the economic capital structure of European insurers, it is possible to gain a sense of their weaknesses and how they are likely to optimise their capital structure prospectively under Solvency II, according to Philippe Picagne and Raymond Tam
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