-
Monte Carlo Rendez-vous: Choppy waters on the voyage to El Dorado
17 September 2015At this year's gathering of the reinsurance industry in Monte Carlo, much of the conversation was about adapting to the tough market conditions and exploiting elusive growth opportunities. Asa Gibson and Helen Yates report
-
Opinion: Ultimate forward thinking?
17 September 2015Legislators should resist the pressure to alter the ultimate forward rate (UFR), a key element of the discount rate used for the valuation of all assets and liabilities in Solvency II, argues Igotz Aubin
-
Ivass's Alberto Corinti: "There is more to pillar II than checking boxes"
10 September 2015Italy's industry seems well-capitalised under Solvency II, but meeting the governance requirements is proving more challenging. Top insurance regulator Alberto Corinti tells Hugo Coelho about plans to examine boards' responsibilities and their view of risk
-
Late transposition hampers Solvency II applications
04 September 2015More than half of European countries have not yet written Solvency II into their national laws, prompting supervisors to set up voluntary processes to apply for internal models and adjustments. Hugo Coelho reports
-
Deal on reinsurance collateral stalls over bureaucratic hurdles
27 August 2015Negotiations 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.
-
Dutch insurers derailed by Solvency II surprises
20 August 2015Setbacks in internal model approvals have put a strain on Dutch insurers' plans for Solvency II and raised fears that the European industry is less prepared than it thinks, Hugo Coelho reports
-
The innovation game
14 August 2015As venture capitalists invest a record amount of money in insurance technology, insurers are joining their ranks in the race to find the next disruptive technology. Asa Gibson reports
-
Hannover Re plans operational risk review after internal model approval
11 August 2015Chief 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
-
'Extracting value from the internal model' is a flawed approach
06 August 2015Internal models will fail in their attempt to serve two masters – the regulator and the business – so insurers should fundamentally rethink how they can benefit from their years of development work, argues Adrian Ericsson
-
ESRB locks horns with Eiopa over Solvency II UFR
04 August 2015The ultimate forward rate has been one of Solvency II's least contentious elements – until now. The European Systemic Risk Board is pushing for a revision that could have a dramatic effect on insurers' solvency. Hugo Coelho reports