Archive

  • How to develop multi-year capital projections for the ORSA

    29 August 2013

    Solvency II firms have a lot to do to develop their modelling capabilities into a multi-period capital projections. This is why Craig Turnbull and Andy Frepp recommend insurers invest in statistically robust multi-period capital proxy functions such as least-squares Monte Carlo

  • The risks that we most worry about

    27 August 2013

    A poor economy is the biggest fear for the French, while the Chinese are most concerned about climate change and pollution. These are two of the findings from Swiss Re's global survey of risk perceptions, designed to open a dialogue about risks and how society tackles them in future. David Cole explains

  • Managing risk through a corporate acquisition spree

    23 August 2013

    As CRO of Australia's QBE, George Thwaites has extensive experience in this area - first when the firm's takeovers were at their height and now as a tough restructuring programme and strategic rethink are being implemented. He tells Christopher Cundy about the systems and cultural challenges involved

  • FSB widens scope of proposed resolution regime

    21 August 2013

    The Financial Stability Board's consultation on applying the key attributes of resolution regimes to non-banks implies an extension to the range of insurers under scrutiny, as well as to the powers available to supervisors, as InsuranceERM explains

  • Brazil awaits impact from market risk model

    16 August 2013

    Insurers in Brazil are awaiting the outcome of tests on a new model for calculating capital requirements for market risk - the latest step in the country's gradual move towards a Solvency II-style regime. Christopher Cundy reports

  • Solvency II should go global, says the PRA's Kathryn Morgan

    13 August 2013

    Kathryn Morgan of the UK's Prudential Regulation Authority is such a big fan of Solvency II that she would roll it out across the globe if she could. She also uses an ORSA in her personal life. She explains her enthusiasm for the planned regime in this interview with InsuranceERM

  • Mexican solvency reforms to test insurers' practices

    09 August 2013

    Mexico is due to implement its version of Solvency II in April 2015, but companies will face challenges in improving their risk management, governance and disclosure practices. Lorna Davies reports

  • Time to engage with recovery and resolution planning

    07 August 2013

    The blueprints for recovery and resolution planning are still in development, but insurers of significance to both the global and domestic markets would do well to pay attention now, as David Strachan explains

  • Conduct risk: not just another category for the risk register

    02 August 2013

    The UK's new financial conduct regulator is taking a close look at the insurance industry, but how can firms ensure they don't find themselves embroiled in a mis-selling scandal? Andrew Bird explains

  • Insurers urge no reporting in Solvency II's preparation phase

    24 July 2013

    Responses to Eiopa's consultation on the 2014-2016 preparation phase for Solvency II have come back with a strong message that the reporting is too burdensome and the ORSA should be stripped of its quantitative elements. Christopher Cundy reports