RBC Worldwide Solvency Modernization Initiative, Risk based capital

News

Prudential explores options for Jackson amid coronavirus turmoil

Alternatives to minority IPO are on the table

IAIS launches ICS 2.0 level 2 texts

Latest document contains more details than level 1

South Korea's regulatory change likely to boost insurers' solvency

Co-insurance will also bring opportunities to reinsurers, says AM Best

COMMENT: Putting the ICS to the test

Jonathan Dixon, secretary general of the International Association of Insurance Supervisors, discusses the organisation's plans for monitoring the global Insurance Capital Standard

The Philippines' regulator issues minimum capital warning

Come up with P900m minimum capital by 28 February or face closure, insurers are warned

Kyobo Life deploys Aon's PathWise as financial risk management platform

The offering covers IFRS 17 and K-ICS reporting

French insurers say "non" to Insurance Capital Standard

Eight re/insurers decline to participate in testing of global capital measure

New Zealand to consider additional solvency buffer for insurers

RBNZ also to scrutinise insurers' conduct

New Zealand to review insurance solvency standards

Regulator blames troubled insurer CBL for not being transparent

US introduces bill to protect own interests ahead of IAIS Abu Dhabi meet

Bill to ensure US negotiators reject ICS if it doesn't recognise US system

Analysis

HKFI's Selina Lau: Covid-19 is a golden opportunity to educate the public

Selina Lau's first month as chief executive of the Hong Kong Federation of Insurers has been nothing if not busy. From the coronavirus to the opportunities of the Greater Bay Area initiative, while handling IFRS 17 and forthcoming risk-based capital rules, there is never a dull moment, she tells David Walker

AAIC's ERM journey: inspired by Europe

AAIC's CRO Lorie Graham started the company's ERM programme in 2008 at a time when the US reinsurance sector had few models to look at. So she took her inspiration from the Europeans, she tells Sarfraz Thind

Eiopa hits back at the French ICS revolution

Some prominent French re/insurers don't want the Insurance Capital Standard in its current form, angering EU and US negotiators alike. Eiopa looks determined to carry on regardless. The IAIS is treading carefully. It is a fraught situation and some practitioners believe the standard could even collapse under its own weight, as Sarfraz Thind reports

Flood, climate, capital: NAIC president Ray Farmer's agenda for 2020

Ray Farmer is the new president of the National Association of Insurance Commissioners. In this Q&A with Sarfraz Thind, he talks about flood coverage, international regulation and how he intends to raise climate awareness

IAIS Abu Dhabi: Why the Treasury and NAIC returned different ICS conclusions

"Team USA" voiced wildly divergent tones in their reaction to the ICS talks in Abu Dhabi last week. But, despite their strong statements, the US negotiators appear to be in accordance over zero implementation of IAIS's capital accord and the potential to move forward with compromise. Sarfraz Thind reports

The Fed and insurance rules: an eclectic fit

The US Federal Reserve created an advisory committee last month – and Manulife’s treasurer Halina von dem Hagen is joining it. She tells Sarfraz Thind about the key issues the market might want to consider right now, including mark-to-market regulation and systemic risk