Archive

  • The pains of standardisation

    29 January 2015

    Insurers planning to use the Solvency II standard formula must convince regulators that it is appropriate to calculate their capital requirements. Hugo Coelho reports on the arguments insurers are putting forward - and what happens if they fail

  • National regulators at odds over Solvency II volatility adjustment

    22 January 2015

    InsuranceERM's survey highlights inconsistency in how regulators plan to implement key tool of the long-term guarantee package.

  • Working with multiple models

    13 January 2015

    The rise of multiple models with different approaches to quantifying risk under Solvency II means that insurers need to be fully aware of their various strengths and weaknesses, as Andrew Cox and Niall Clifford explain

  • French health mutuals show fraternité in pillar 3 solution

    16 December 2014

    When an entire sector faces the same issues in complying with Solvency II, collaboration seems a sensible response. France's association of health mutuals has done just that by developing pillar 3 software for its members. Christopher Cundy reports

  • Mitigating the cycle

    11 December 2014

    While there have been significant advances in quantifying the uncertainty pertaining to 'dark matter' risks such as casualty catastrophe or cyber, says Victoria Jenkins, it is worth considering how they may manifest themselves in the future and what can be done about them now

  • Weighing up the capital charges for assets under Solvency II

    04 December 2014

    Gareth Mee runs through the capital charges that will apply to assets commonly held by insurers and explains where internal models could bring a better or worse treatment than the standard formula

  • CRO profile: Eberhard Müller

    18 November 2014

    Eberhard Müller, chief risk officer of Hannover Re, talks to Marcus Alcock about the increasing importance of qualitative risk management, the long and winding road for internal model approval, and the problem with international capital standards

  • Benefit of the matching adjustment could be wafer-thin

    14 October 2014

    If supervisors take a hard line on the methodology for calculating the fundamental spread and issues like diversification, new business and portfolio rebalancing, the adjustment could lose its appeal, reports Hugo Coelho

  • Will EWIs make internal models redundant?

    26 August 2014

    The UK's Prudential Regulation Authority continues to press ahead with the use of early warning indicators. Here Simon Yeung examines their usefulness in the face of criticism that they could in effect make internal models themselves surplus to requirements.

  • Economic scenario generators: a means to many ends

    08 August 2014

    ESGs are widely used in capital calculations and enterprise risk management. Hal Pedersen and Stephen Sonlin explain how these critical tools work and what to look for in a good one