Analysis

• Using least squares Monte Carlo proxy functions for internal model validation

  18 December 2013

  LSMC techniques are finding popularity in Solvency II economic capital calculations and multi-year projections of capital requirements. In this article, Christian Bettels explains how they can also apply to validation of internal models

• Longevity risk deals plagued by complexity

  12 December 2013

  Longevity transactions are often weighed down by legal complexities, scores of advisers and trustees not sure what they are looking to achieve from the deal, according to panellists at InsuranceERM's Insurance Risk and Capital event

• Scor takes a dynamic approach to solvency targets

  10 December 2013

  Scor's new strategy has introduced the concept of a dynamic solvency target and a capital-setting framework around which all aspects of the business will be managed. Chief risk officer Philippe Trainar explains to Christopher Cundy how - and why - it works.

• Perspectives on Omnibus II: cautious relief to outrage

  04 December 2013

  As the dust settled around Omnibus II, InsuranceERM spoke to those closely involved in the negotiations to get their verdict on the result. The diverse opinions from legislator, supervisor, insurer, rapporteur and parliamentarian reflect the complexity of the issues – and how battles over the details of Solvency II are far from over

• Five years of InsuranceERM, five years on the tortuous journey towards Solvency II

  29 November 2013

  InsuranceERM was launched five years ago, in November 2008, when implementation of Solvency II was less than four years away. Now, it's still over two years away and a lot of water has passed under the bridge. Delving into the InsuranceERM archives, Peter Field charts the ebbs and flows on the way to the European Parliament vote last week for a January 2016 go-live date for Solvency II

• Towers Watson's Tricia Guinn: "The insurance industry is becoming increasingly analytical"

  27 November 2013

  Towers Watson's decision to sell its reinsurance brokerage is part of a strategy to capitalise on the increasingly analytical and technical nature of the insurance industry, risk and financial services managing director Tricia Guinn tells Lorna Davies.

• Friends Life's Mark Versey: "Infrastructure is now a core investment strategy"

  22 November 2013

  Friends Life is now directly investing in both infrastructure and commercial real estate debt after awarding combined mandates of £1bn this year. Jamie Bullen asks chief investment officer Mark Versey what lies behind this new strategy

• Adopting the new insurance IFRS

  20 November 2013

  There is enough clarity about the final form of the new accounting standard for insurance contracts for firms to begin their transition. Francesco Nagari outlines the tasks required - and warns of the heavy workload ahead

• Section 166s become more frequent, more diverse

  13 November 2013

  UK regulators are making more use of their Section 166 powers to order third-party investigations into insurers and brokers – and broadening their focus. But they are still guaranteed to cause grief for firms, as Jamie Bullen reports

• Benchmarking the internal capital model

  07 November 2013

  Aon Benfield polled almost 100 users of its ReMetrica capital modelling software to compare how often they ran their internal models, their speed of processing, the number of people involved – and a host of other interesting questions. Jason Noronha and Wing Lam present the results