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"No resentment" in Bermuda over Solvency II equivalence deal
02 May 2014Bermuda Monetary Authority director for licensing and authorisations, Shelby Weldon, tells Christopher Cundy how the country's supervisory regime is taking account of changes in regulation globally - not just in the EU
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The UK pensions bombshell: opportunities among the wreckage?
11 April 2014The UK annuities market is undergoing a dramatic change as the rules on retirement products are rewritten. In this article, Christopher Cundy looks at five major implications for products and strategy
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Gen Re's Tad Montross: why we need Solvency III
09 April 2014Solvency II has focused too much on modelling and should be revisited, says Gen Re CEO Tad Montross. He tells Sarfraz Thind about "model mania", risk culture and how to run a reinsurer in a chronically soft market
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Emerging risks survey reveals "post-crisis" thinking
04 April 2014This year's poll of North American risk managers shows a shift in concern away from the economic crisis and towards issues such as regulatory change and cyber risk. Christopher Cundy speaks to its author, Max Rudolph
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Reinterpreting the role of the CRO
01 April 2014Despite the growing presence of chief risk officers (CROs) in the senior management teams of European insurers the industry is a long way from a common view of the role, and universally deriving value from it, say Mike Wilkinson and Patricia Mackenzie.
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World catching up with Europe on risk disclosure
28 March 2014Guy Carpenter's latest study into ERM disclosures revealed insurers have made great leaps forward, with the most significant improvements among firms based outside Europe. The spectrum of risk metrics remains wide, but is becoming more consistent, the brokerage says.
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Exploring the regulator's approach to risk culture
26 March 2014Using the theory of plural rationality, Dave Ingram, Michael Thompson, Alice Underwood and Elliot Varnell describe how the various approaches to insurance and financial regulation deal with risk - and how they cope in a crisis
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RSA's Irish losses - bad luck or bad management?
19 March 2014RSA's risk management was put under the spotlight last year by a host of unfortunate events, not least an accounting scandal that contributed to a £200m loss at its Irish division. Exonerated by external auditors, the incident has nonetheless raised questions around RSA's risk culture. Sarfraz Thind reports
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Understanding Solvency II's new transitional measures
13 March 2014Solvency II may have an official implementation date of 1 January 2016, but insurers are being given years to get their house in order. Alison Matthews outlines the key transitional provisions recently introduced to the legislation, focusing on the tricky question of equivalence
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Restricting access to health data creates competition issue
07 March 2014Changing rules on access to UK national health data may have consequences for actuarial research and could make it harder to develop new products - and for new entrants to break into life insurance markets. Christopher Cundy reports