Archive

  • Five tips for ORSA success

    25 June 2015

    The own risk and solvency assessment (ORSA) is intended to be at the heart of Solvency II and while some insurers have sown the seeds of a good ORSA and are seeing it blossom, others have issues that need weeding out. Catherine Drummond and Rob Murray consider five tips for making the ORSA a success.

  • 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

  • Smarter technology calls for smarter thinking

    26 May 2015

    Recent advancements in consumer electronics have served both as a source of fascination and a source for concern in the boardrooms. Insurers should avoid getting lost in apps and gadgets and instead identify how technology can be leveraged to add value, says Torbjörn Magnusson

  • Internal model submissions begin, despite ambiguities

    22 May 2015

    Despite unclear rules and conflicting approaches from national supervisors, insurers have started submitting their Solvency II internal models for approval. Christopher Cundy and Hugo Coelho assess the state of play

  • Gilt-swap spread risk charge to accelerate ALM rethink

    08 May 2015

    A request by the UK regulator for internal firms to hold capital against the basis risk in their government bond portfolios will increase incentives for the insurers to move away from long-dated government bonds into swaps. Hugo Coelho reports

  • Data is the key to Solvency II USPs

    21 April 2015

    The use of undertaking specific parameters can significantly reduce Solvency II capital requirements, so long as insurers can produce high quality data, say Dale Lee and Claire Briggs

  • Reinsurance versus sub debt: which is best for solvency capital?

    15 April 2015

    Reinsurance or sub debt alone is unlikely to provide the best solution to meeting solvency capital requirements; instead, a blended approach should be considered, say Matthew Day and Ross Milburn

  • The future of appraisal valuations

    31 March 2015

    The contents of actuarial appraisal valuations in M&A situations are set to evolve with the arrival of Solvency II and updated accounting standards. Fergal O'Shea discusses the likely changes and considers how the appraisal reports will remain relevant.

  • Dutch insurers tread the MA minefield

    24 March 2015

    The Dutch regulator is poised to publish guidance for insurers on use of the matching adjustment. Repackaging of mortgage loans is one bone of contention, another is the treatment of pension contracts. Hugo Coelho reports

  • 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