Solvency II ORSA, QIS5, IMAP, Omnibus II, EIOPA

News

Editorial: Stop paying dividends and Solvency II will be damned

Christopher Cundy reflects on the news around capital preservation this week

PIC secures £250m buy-in, confident of further deals

Second buy-in deal with WPP concluded before coronavirus crisis hit

Danish regulator orders Gefion to stop writing business

DFSA was unconvinced the insurer could meet the SCR

PRA sets out Covid-19 regulatory reporting amendments for UK insurers

The regulator responds to the emergency following Eiopa's recommendations

Gjensidige halts special dividend as precaution against economic crisis

Coronavirus pandemic has hit the Norwegian insurer's solvency capital position

LV='s solvency ratio soars after sale of GI business

British insurer plans further restructuring of business in 2020

Allianz CRO Tom Wilson to lead insurer's Thai business

He will leave his global risk role for the new challenge at Allianz

Insurers report declining solvency ratios following Covid-19 hit

Aegon, Zurich and L&G say declines remain manageable for now

Fitch turns negative on UK life sector after Covid-19 turmoil

Pandemic will likely "see risks that have never before been observed"

Eiopa, Ivass relax Solvency II requirements amid Covid-19 pandemic

Supervisors should be flexible, says EU authority

Analysis

What Solvency II reports need to say about the coronavirus

European supervisors have relaxed the Solvency II reporting deadlines, but in return insurers have been asked to include analysis of the Covid-19 impacts on their business. David Walker reports on what those discussions might entail

Three lines of defence: a necessity or a nuisance?

The three lines of defence model has become a fixture for enterprise risk management in the insurance sector. But after nearly two decades since its introduction, does the model still have a place within the insurance industry or are changes needed? Paul Walsh investigates

UK actuaries take another crack at equity-release mortgage valuation

Valuation of equity-release mortgages (ERMs) is one of the most controversial topics in the UK actuarial community, and the latest update from the working party only makes a small step towards resolving the debate. Christopher Cundy reports

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

IFRS 17 and Solvency II: clashes on discount curve and risk margin come to the fore

InsuranceERM's IFRS 17 conference heard insurers are keen to leverage much of what they have implemented for Solvency II in their IFRS 17 compliance programmes, but are struggling with certain elements. Paul Walsh and Christopher Cundy report