Archive

  • Life insurers stuck with the riddle of the risk margin

    01 December 2015

    Of all the innovations of Solvency II, the risk margin threatens to be the most painful for UK life insurers. The transitional benefit will provide relief against it on 1 January, but in the long run it may do more harm than good. Hugo Coelho reports

  • How a 100% SCR stopped being sufficient capital

    12 November 2015

    Insurers are holding capital buffers larger than the minimum required under Solvency II, but is it the fault of the rules, the regulators or the market? Hugo Coelho reports

  • Woods gives reasons to revise risk margin's formula

    03 November 2015

    Flat 6% cost of capital makes buffer overly sensitive to movements in risk-free rates

  • PRA to announce MA decisions in early November

    24 September 2015

    Regulator sets out process to apply capital add-ons

  • Interest rate and mortality swings justify recalculation of Solvency II transitional benefit

    17 September 2015

    PRA sets expectations about scope and variation of transitional measures

  • ABI welcomes flexibility on Solvency II transitionals

    13 July 2015

    But raises concerns about the timeline for internal model approvals

  • PRA takes soft line on Solvency II transitional

    09 July 2015

    Capital benefit should ease pressure from 'inflated' risk margin

  • PRA slams 'stress testing' in ORSA draft reports

    16 June 2015

    Forward looking assessments are another area of weakness

  • PRA backtracks on separate management of collateral in MA portfolios

    03 June 2015

    But burden of proof for alternative approaches is high

  • PRA appoints executive director for insurance

    27 January 2015

    Sam Woods fills vacancy left by the departure of Julian Adams