Archive

  • 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

  • ESRB locks horns with Eiopa over Solvency II UFR

    04 August 2015

    The 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

  • Change management rises up the risk rankings

    16 July 2015

    As external pressures mount, change management is becoming central to an organisation's success. Asa Gibson reports on the findings of the latest Banana Skins survey

  • Add-ons' exposé could prompt shake-up of insurance products

    14 July 2015

    Mounting regulatory scrutiny on ancillaries might pave the way for a reform of general insurers' product range, particularly if the changes cause profits to fall. Hugo Coelho reports

  • Integrating emerging risk: an alternative perspective

    02 July 2015

    Integrating emerging risk into risk management frameworks and capital models is challenging for insurance companies. Buu Truong and Gemma Gregson investigate whether analysing cause, rather than effect, can help overcome some of the difficulties

  • Asta turns up the heat on pillar 3

    30 June 2015

    The road to Solvency II reporting has not been easy. For Lloyd's syndicates, complying with the additional challenges of the Lloyd's market regulations, things are perhaps even tougher. Managing agency Asta explains to Sarfraz Thind how it is preparing for lift-off next year.

  • 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.

  • 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

  • Keeping faith in credit ratings

    16 June 2015

    Insurers can no longer blindly trust credit ratings, but must have frameworks to assess the suitability of both internal and external ratings. Sarah Wall explains what is required

  • What's expected in the "record of the ORSA"

    02 June 2015

    Insurers submitting their Solvency II own risk and solvency assessment (ORSA) will have to include a number of supporting documents. Darko Popovic considers what the record of the ORSA requires and why it should not be an afterthought