Asset management

News

Spanish sector stays strong, despite low rates

Fitch Ratings says Spain’s insurance market maintains strong profitability

InsuranceERM survey: CROs take the lead on climate risk management

Survey of UK insurers reveal roles responsible for financial risks arising from climate change

Prudential sets date for M&G demerger

Split to separate Asian and US activities from UK and Europe

PRA finalises guidance on liquidity risk management for insurers

Coincides with further rules around managing illiquid assets

CROs issue recommendations on liquidity risk management

CRO Forum paper offers practical advice for setting up a liquidity risk framework

ESG requires coordinated approach from actuarial, risk and investment functions

But functions are impacted in different ways, says Schroders' Ghislain Périssé

FRC begins review into equity-release mortgage accounting

Action follows Prudential Regulation Authority’s reforms on regulatory approach

Scor reveals tech-enabled growth plans in "Quantum Leap" strategy

The €250m plan involves transition to IFRS 17 and accelerates the group's use of technology

Prudential Financial appoints Andrew Sullivan as US head

Dylan Tyson will run the insurer’s annuities business and replace Kent Sluyter

US P&C investments trump underwriting income in last four years

P&C insurers in the US posted a $27.5bn investment income gain in H1, says AM Best

Analysis

Hong Kong approaches transition to risk-based capital

Hong Kong’s long-awaited risk-based capital (RBC) regime is beginning to take shape ahead of its planned implementation in 2022. Paul Walsh reports on the latest developments

Comment: on the Solvency II matching adjustment and credit risk capital

Craig Turnbull argues whether the matching adjustment results in EU life insurers holding a prudent amount of capital to support the long-term credit default risk in their fixed income portfolios

Eiopa's Gabriel Bernardino talks Brexit, Solvency II and sustainability

The chair of Europe's insurance authority was interviewed by Christopher Cundy at the recent Insurance Risk & Capital EMEA conference. In this Q&A he discusses priorities for the year ahead and how Eiopa's powers are likely to grow

Unipol's Marisa Parmigiani: "We want to make sure everything we do is sustainable"

The sustainability manager of the Italian insurance group explains to Cintia Cheong their journey to create a sustainability policy for the company

Solving Solvency II's proportionality riddle

Smaller insurers have long complained about the burden of complying with Solvency II, but balancing proportionality with proper supervision continues to be debated. Aggelos Andreou reports

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