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Solvency II reporting: is six months into four weeks really possible?
22 July 2014With deadlines for submitting information to regulators coming thick and fast over the next year to 18 months, typical insurer regulatory reporting cycles are being shrunk drastically. Incremental change is unlikely to deliver the necessary time savings, says John Rowland
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Going off-trail on internal models
17 July 2014Over the past three years, about one in three UK insurers intending to build an internal model have scrapped their plans. More could follow before April next year, when the formal applications are due. Hugo Coelho investigates.
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Protecting the diversification credit through driver-based dependency modelling
15 July 2014For many insurers, the credit for diversification in their solvency capital has become essential to the viability of the business. But justifying the credit, both internally and to regulators, is becoming more difficult. Paul O'Connor describes how driver-based modelling can help
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Bidding farewell to Lime Street
10 July 2014In his last media interview before departing to join Standard Life as CFO in August, Lloyd's director of finance and operations Luke Savage talks to InsuranceERM editor Marcus Alcock about the market's recent upgrade, outperforming its peers, and the final leg of preparations for Solvency II.
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Beleaguered German insurers off the hook for reserve sharing
03 July 2014The government is looking at reforms to counteract the continuing low interest rate environment. Hugo Coelho investigates
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PRA ignores insurers on matching adjustment rules
30 June 2014The UK's regulator has failed to clarify the rules for applying the matching adjustment, but has set out conditions for repackaging assets and is inviting firms to engage in a trial application. Hugo Coelho reports
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Data quality is not just about compliance
25 June 2014Ensuring and maintaining data quality standards is a vital part of the process for validating internal model and standard formula calculations and for validating their use in decision-making. But there are many more issues to consider than mere regulatory compliance, as Dominic Rau explains
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Hedge funds bring risk and return to reinsurance business
24 June 2014Hedge funds are changing the nature of reinsurance. The heavy emphasis on investment returns might serve them well in declining reinsurance markets, but there are risks involved with this approach. Sarfraz Thind reports
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Pushing for professionalism in risk management
18 June 2014Risk managers are under growing pressure to prove their competencies with regulators and rating agencies, say Amlin's Alex Hindson and Aviva's José Morago. They talk to Christopher Cundy about how qualifications can help
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Capturing climate change in cat models
17 June 2014According to Lloyd's, insurers should be including climate change in their catastrophe models. But with the uncertainties and differing timescales, it is not that simple in practice. Katie Kouchakji reports
- RockRose Risk to redirect commissions for mitigation to relieve FAIR Plan burden
- Athene labels Cayman Islands "a contagion risk" in offshore reinsurance clash
- Athene: Risk management will separate life reinsurance winners
- Colorado State University further reduces its Atlantic hurricane season forecast
- What insurers should consider when deploying AI
- Expect UK PRT volumes of £35bn-40bn in 2026, says Standard Life's Claire Altman
- Bermuda's Premier David Burt: stability will continue under new leader
- Don't cut Solvency II guidelines just to hit simplification targets, industry tells Eiopa
- Allianz lays out AI approach, as it confirms layoffs
- The next big flood could sink €108bn of German GDP, warns Allianz