-
US insurers to hold $23bn more capital if ratings agency revises model
27 February 2013AM Best proposes lowering discount rate for non-life reserves from 5% to 4%
-
The unresolved issues of Solvency II
21 February 2013The delay of full implementation to beyond 2014 will allow extra time for important details in all three pillars of Solvency II to be resolved – and may bring old niggles to the surface again. Lorna Davies looks into some of the outstanding issues, for policy-makers and insurers, that will be kicked over in the coming months
-
Using least-squares Monte Carlo in a multi-year context
19 February 2013A year ago on this site, Michael Leitschkis and Mario Hoerig explained the advantages of least-squares Monte Carlo (LSMC) over other proxy modelling techniques for estimating capital. Here, with Florian Ketterer and Christian Bettels, they describe how to extend a one-year application of LSMC to scenarios of several years
-
Hiscox chief slams reporting burden, SII internal models
14 February 2013Global regulations are misguided, says Masojada
-
Insurance enterprise risk managment: the state it's in
14 February 2013Insurers' satisfaction with ERM grows, but plans for using economic capital stall - these are among the seven key findings from Towers Watson's recent worldwide survey. Christopher Cundy asks Laura Santori and Martin Pike to explain
-
URS adds cloud capability to Risk Explorer
12 February 2013Seven-hour model run times reduced to five minutes
-
Insurers' investment strategies at stake in LTG proposals
30 January 2013Industry should take opportunity to give feedback, says Towers Watson
-
Searching for the right proxy approaches to life
29 January 2013Care has to be taken in using replicating portfolio techniques, least-squares Monte Carlo approaches and curve fitting for estimating the risk capital of a life insurer, as Tigran Kalberer and Zeljko Strkalj explain