Asset management
News
Eiopa investigation finds estimate of illiquidity in insurer liabilities
Major report also considers asset illiquidity for EEA insurers
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
Analysis
Eiopa's Gabriel Bernardino: climate disclosures will become mandatory
Gabriel Bernardino, chair of the European Insurance and Occupational Pensions Authority (Eiopa) joined InsuranceERM's Insurance Risk and Capital EMEA conference earlier this month. In a Q&A with Christopher Cundy, he answered questions about climate change, the Solvency II review and conduct risk
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