Longevity/mortality Buy-Ins, Buy-Outs, Longevity Bonds, Pandemics
News
Canada Life Re and Prudential Financial in £3.4bn longevity risk deal
Marsh & McLennan Companies’ UK pension fund de-risks via captive insurer
Phoenix grasps benefit of slowing longevity improvement
Adoption of CMI 16 decreases value of liabilities by £126m
Growth of own funds offsets Achmea's increased market risk
The eligible own funds at the Dutch underwriter outgrew the regulatory requirement for them, by mid-year
Longevity review boosts L&G's half year profits
Release of £126m of annuity reserves
Tech firm promises low-cost, flexible economic scenario generator
Financial Canvas takes on established players with claims of faster recalibration
Austerity lowering UK life expectancy says IFoA report
UK watchdog on guard for annuities market intervention
PRA clarifies position on longevity risk transfer
PRA to update quantitative indicator framework to reflect higher mortality
Eiopa consults on Solvency II review
Zurich takes on £300m longevity hedge
Pandemic risk transferred in $425m World Bank bond and swap deal
Analysis
Gen Re's Jules Constantinou: technology can make insurance more meaningful
Jules Constantinou, regional manager for life and health at GenRe UK and Ireland, and president-elect of the Institute and Faculty of Actuaries, vows to make insurance more meaningful to society. He tells Cintia Cheong how technology can help achieve that
Declining UK influence suggests far-reaching Solvency II reforms
National supervisors argue that looming reviews of the standard formula and the long-term guarantees package could be wider than expected now the UK has voted to leave the EU. Hugo Coelho reports
Unfreezing the UFR
The revised methodology for calculating the ultimate forward rate may not be a catastrophe for all insurers with long-term liabilities, but it will put an unwelcome spotlight on solvency and accelerate the redesign of products. Hugo Coelho reports
Valuation issues persist for PPOs
Periodical payment orders may be an established part of the UK motor insurance claims landscape but methods for reserving for them are still uncertain, as Rob Treen explains
Germany hits the brakes on its €32bn ZZR
The ballooning level of additional interest rate reserves has prompted reforms to the rules, but few insurers took advantage in 2015. Hugo Coelho reports
Nordea's Annette Olesen: "It feels good to move beyond the go-live date"
The group chief risk officer for Nordea Life & Pensions talks to Christopher Cundy about her company's entry into the Solvency II world
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Market Insight
IFRS 17 and the challenges ahead
The new insurance contracts accounting standard brings a dramatic shift in accounting and actuarial practices, and insurers should be prepared for implementation challenges, as Kamran Foroughi explains
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Market Insight
High velocity risk management
A rapidly changing world produces rapidly emerging risks that can flummox even the most comprehensive of risk management frameworks. Neil Cantle proposes an approach to improving how insurers respond to today's threats...