Archive

  • Deal on reinsurance collateral stalls over bureaucratic hurdles

    27 August 2015

    Negotiations between the EU and the US were scheduled for before the summer, but have yet to start. There is a growing concern that the delay thwarts plans to grant the US equivalence status under Solvency II before the regime goes live. Hugo Coelho reports.

  • Hannover Re plans operational risk review after internal model approval

    11 August 2015

    Chief risk officer Eberhard Mueller talks to Christopher Cundy about the years of work behind its Solvency II internal model and how he plans to develop the reinsurer's approach to operational risk modelling

  • Anthem's rating marked for downgrade after $54bn Cigna deal

    24 July 2015

    Moody's questions lower RBC target and rising debt-to-capital ratio

  • ICS loses steam

    23 June 2015

    Plans to introduce a global standard for insurance capital have altered, with the International Association of Insurance Supervisors opening the door to differentiated implementation at the national level. Hugo Coelho reports

  • US ORSA comes to life

    19 June 2015

    Before the end of the year, large US insurers will submit an ORSA report to supervisors. This represents a step change for the industry, but is likely to be just the beginning of a broader process of transformation, Hugo Coelho reports

  • Tying federal regulators in knots

    28 May 2015

    Insurers are increasing their lobbying efforts as legislation advances through Congress that is designed to limit the discretion of federal regulators in designating systemic firms and devising capital standards. Hugo Coelho reports

  • NAIC's Urias: "ICS should not be tied to one valuation methodology, not at this stage"

    14 May 2015

    The attempt to create global convergence on insurance supervision is proving to be a bumpy ride. Christina Urias, the NAIC's director for international regulatory affairs, explains to Hugo Coelho how the states view the reinsurance collateral agreement with the EU and the global capital standard.

  • Federal regulators pledge to preserve US system

    29 April 2015

    FIO and Fed emphasise distinction between US and global regulations

  • NAIC sets out goals for cyber security regulation

    21 April 2015

    Insurers required to address cyber security risk as part of broader ERM process

  • Commission seeks mandate to negotiate US reinsurance collateral deal

    16 March 2015

    Member states examine request to start formal talks