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Subscribe nowALM and capital management expert quits Nomura after six years
Rakuten will use customer data to design bespoke policies through Asahi Fire & Marine
Whether it's the business of reforming elements of Solvency II, guaranteeing market access for UK firms selling into Europe or reforming the Ogden discount rate, a weak government will mean gridlock and uncertainty, says Callum Tanner
Legal advice commissioned by British insurers suggested that a future management action could allow firms to significantly reduce the risk margin even while the UK regulator remains bound to EU law. So far that advice has fallen on deaf ears. Callum Tanner reports
UK insurers' solvency drops to 51% on purer market-consistent basis
Many see Solvency II rules as a largely British export to Europe, but once the UK leaves the EU, the remaining member states are likely to take the directive in a new direction. Callum Tanner reports
Cost of capital to be reduced from 6% to 4%
The revised methodology for calculating the ultimate forward rate may not be a catastrophe for all insurers with long-term liabilities, but it will put an unwelcome spotlight on solvency and accelerate the redesign of products. Hugo Coelho reports
Matching adjustment is as popular as volatility adjustment