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PRA's Bailey: "We have a good way to go to make Solvency II manageable"
09 July 2013Speech to ABI conference defends use of early warning indicators
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Phoenix breathes new life into its actuarial systems
03 July 2013The UK closed-fund consolidator has replaced its myriad modelling systems with just one, in a huge three-year project that is said to have been on time and on budget. For Phoenix, the project was not only operationally necessary; it was a strategic imperative. InsuranceERM explains
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New version of ReMetrica boosts capacity and speed
01 July 2013Aon Benfield builds on super-components of version 6
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Prophet to interface with GEMS
10 June 2013SunGard's modelling software connects with Conning's economic scenario generator
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Model validation is a question of trust
07 June 2013It shouldn't just be about satisfying the regulators, argue Mike Wilkinson and Patricia Mackenzie. Models should be validated by developing management trust in them and embedding them in the business. The delay in Solvency II gives more opportunity to do this
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Austrian insurer licenses Conning ESG
07 June 2013Uniqa Group takes GEMS to support modelling with LSMC
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Half of IMAP firms opt for ICAS+
24 May 2013PRA's Adams admits big uncertainty over SII timetable and final shape
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PRA to trial EWIs from September
24 May 2013Will use ratio between SCR and pMCR for all IM firms except with-profits
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PRA requests data to shape IMAP and EWIs
23 May 2013Firms will receive requests on 31 May
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S&P reins in "excessive complexity" of credit rating criteria
10 May 2013Less than half of ratings expected to change