Models Capital, Risk

News

IAIS Abu Dhabi: supervisors accede to US demands on ICS

Insurance Capital Standard monitoring period to begin in January

Insurance Europe slams proposal to harmonise guarantee schemes

The lobby group warned of high costs and intractable challenges to harmonisation

Bermudian insurers target efficient and scalable risk modelling

More “industrial” processes needed as insurers grow, according to Aon

Royal London gains regulatory approval for Solvency II partial internal model

Going forward the insurer will report both an investor and a regulatory view of its SCR

Novis adopts ReMetrica for life and health capital modelling

Innovative Slovakian insurer is growing fast across central and eastern Europe

Three ways capital modelling is evolving

Conning’s Daniel Finn discusses the prospects for insurers’ capital and economic modelling practices

Share risk management best practice at InsuranceERM's Americas conference

The annual Insurance ERM Americas conference will take place in New York on 16 September.

Get your free entry in InsuranceERM's 2019-2020 Technology Guide

Basic entry is free of charge and the deadline for entries is Thursday 15 August

AM Best compares its BCAR with Solvency II

Capital adequacy measures positively correlated, but not strongly

Coface submits application for Solvency II partial internal model

Switch from standard formula will mitigate planned changes to calibrations

Analysis

Eiopa proposes extensive reforms for Solvency II 2020 review

Over 878 pages, the European Insurance and Occupational Pensions Authority has put forward dozens of important reforms to the EU’s solvency regime. Christopher Cundy summarises the main issues and shares his opinion on the potential impacts

The CRO and pianist who hits all the right notes

Justin Skinner is chief risk officer at Vitality, the pioneering life and health insurer. He talks to Ronan McCaughey about his career, the risk management challenges associated with technology – and Queen's greatest hits

Learning the lessons from internal model change

Defining and implementing changes to internal models has challenged insurers, but a new industry report sheds some light on the best approaches to managing the process. Christopher Cundy reports

Commission reveals scope of Solvency II reforms in 2020 advice request

In its request for technical advice from Eiopa, the European Commission has given its strongest indication yet about where it might take Solvency II. Christopher Cundy shares his thoughts

MPs grill Rule and Woods on equity release, ethics and Brexit

The UK parliament's house Treasury Committee yesterday questioned Bank of England chiefs Sam Woods and David Rule on a host of issues, including diversity, management ethics, Brexit - and insurers' treatment of equity-release mortgages. Ronan McCaughey and Christopher Cundy report

Capital models: run, review, repeat

Recent surveys by consultancies Willis Towers Watson and PwC have revealed how UK life insurers have revised their approach to capital modelling. Christopher Cundy reports on some of the highlights