Capital Capital Management, Models, Reinsurance, Capital Markets, Derivatives
News
Alternative reinsurance capital issuance stalls
Fitch Ratings estimates little growth for the rest of this year and into 2021
American Financial Group exits Lloyd's with Neon sale
Buyer for an undisclosed sum is RiverStone
"Build resilience" urge Wilson and Richter in paper on Covid-19's lessons
Allianz's Tom Wilson and Ludwig Maximilian University's Andreas Richter collaborate on review of ERM implications of the pandemic
Munich Re issues €1.25bn green bond
Follows publication of green bond framework last week
Unipol issues €750m, 10-year green bond
International buyers bought up most of the notes
Gjensidige pays out 2019 dividend
Decision comes after Norwegian government lifts ban
InsuranceERM's Technology Guide 2020-21 is launched and ready to use
The directory covers over 100 products used by insurers for risk, capital and asset management
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Munich Re prepares to issue green bonds
German reinsurer set to join Generali, CNP Assurances and others in issuing green debt
COMMENT: Internal model change makes a comeback
Lloyd's has an internal model, so why did it have to introduce a capital add-on? Christopher Cundy finds the answer lies in the complexities of the internal model change process
Analysis
The cloud is a silver lining amid Covid-19
Covid-19 has put to bed any doubts about the use of cloud technology for risk and capital management. The pandemic will also drive more sophisticated risk modelling, as Ronan McCaughey discusses in his review of key trends in the risk software markets
IFRS 17's neglected questions: the risk adjustment and confidence levels
Andries Beukes discusses with Cintia Cheong the findings of an investigation into how insurers are planning to calculate their IFRS 17 risk adjustment and confidence level
Value creation analysis finds an "enormous gap" between best and worst insurers
BCG's analysis of value creation by insurers has found a massive gap between companies, much more so than in other industries. And the challenges posed by Covid-19 are putting extra pressure on the worst performers to respond. Christopher Cundy reports
Australia's life insurers in the emergency room
David Walker reports on the suitability, reputational and distribution crises that are destroying the profitability of the country's life sector
Solvency II interest rate risk: a floor to cure the flaw
Eiopa's stakeholder group has proposed an alternative solution to what it sees as a flawed proposal to reform the interest rate risk module. Christopher Cundy reports
Covid-19's consequences for solvency, stress and scenario testing
What lessons have been learned from the solvency risks created by the pandemic? Three experts discuss with Christopher Cundy the reactions from insurers and supervisors, and the implications for future regulation