-
Moody's Analytics claims credit modelling first
18 February 2014RiskFrontier 4.0 enables "bottom-up" consideration of credit and interest rate risk for the first time
-
Raising the standard of internal model governance
05 February 2014Internal models are increasingly used for decision making and producing figures for financial reports, but model governance procedures have not kept pace with these changing demands. Dominic Rau and Christian Wegmann outline a framework for improving assurance
-
Oasis launches open source cat modelling software
29 January 2014Framework is backed by 21 re/insurers and brokers
-
German insurers fight "unreasonably high" Solvency II infrastructure capital charge
14 January 2014Unlisted renewables and infrastructure should have 20% capital charge, says GDV
-
Panizza overhauls Generali's risk management
10 January 2014After some torrid years, Italian insurer Generali is undergoing a massive transformation aimed at restoring its profitability. Chief risk officer Sandro Panizza explains to Christopher Cundy how, one year into the job, he is changing the risk management function
-
ERM basics: Proxy techniques enable risk-based decision making
08 January 2014Proxy techniques, such as least squares Monte Carlo, allow faster analysis of risks and for many insurers they have become essential tools for aiding decision making, as Brian Robinson explains
-
"A big shift towards insurers focusing on customer outcomes"
02 January 2014PwC's Jonathan Howe recalls the major talking points of 2013 and sets out insurers' challenges for 2014
-
Solvency reform a priority for US regulators
20 December 2013US insurance supervision is inefficient and inconsistent, according to the Federal Insurance Office, which has made its long-awaited recommendations for reform. Among its prime targets are solvency regulation, reserving and treatment of captives. Christopher Cundy reports
-
Using least squares Monte Carlo proxy functions for internal model validation
18 December 2013LSMC 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
-
S&P raises outlook on Scor as ERM strengthens
22 November 2013Continues Scor's eight-year unbroken run of positive rating moves