Derivatives Interest Rate, Equities, Credit , FX
News
IASB will not change IFRS 17 aggregation requirements
But amendments for credit card contracts and risk mitigation option approved
UK regulator proposes liquidity risk management rules
Changes in the insurance sector and financial markets have increased liquidity risk, PRA argues
Speed up 'hard Brexit' plans, EU supervisors tell insurers
Joint committee warns any transitional period “by no means guaranteed”
Hiscox profits rise as premiums increase all round
Major reallocation of investment portfolio
Eiopa warns insurers off CFDs and binary options
European authority’s statement follows action by Esma to restrict such products
Solvency II, low yields incentivising insurer derivatives use
NN planning longevity hedges for Dutch life unit
Eiopa consults on Solvency II review
RNA Analytics buys out Algo Financial Modeler from IBM
Pandemic risk transferred in $425m World Bank bond and swap deal
Delta Lloyd's capital takes more hits
Aegon battles interest rate sensitivities
Analysis
Profit emergence under IFRS 17: The Variable Fee Approach
Steven Morrison continues his series on profit emergence under IFRS 17 by considering financial risk and its impact on contracts with participation features – with a focus on the differences between the VFA and general measurement model, and the impact of risk mitigation
US Sifi designations: not exactly dead
The Federal Reserve's work on large insurer regulation appeared to receive a final nail in the coffin when Prudential's Sifi designation was removed this month. Insurers have rejoiced, but systemic risk regulation has not been buried entirely. Sarfraz Thind reports
IFRS 17 earnings recognition: challenges, opportunities and innovations
Luca Tres and Adam Robinson discuss IFRS 17 and its earning recognition criteria from a capital markets and insurance practitioner's perspective, and consider the challenges and the opportunities this presents
Finalists announced for InsuranceERM Awards
See which companies, teams and individuals have made the shortlist for this year's awards for risk and capital management
NN's Jan-Hendrik Erasmus: "the key issue is how to embrace technology"
NN Group's chief risk officer discusses with David Walker how the Dutch insurer is positioned for M&A, why Solvency II does not need to change, longevity risk hedging and today's technology and cyber challenges
Where next for economic scenario generators?
Insurers have for decades relied on economic scenario generators (ESGs) in their risk modelling, asset management and business steering. Christopher Cundy investigates what the next big developments might be in this important piece of modelling software