Longevity/mortality Buy-Ins, Buy-Outs, Longevity Bonds, Pandemics
News
Climate change can't be captured in Solvency II capital, says Eiopa
EU authority publishes draft opinion on integrating sustainability into Solvency II
M&S offloads pension liabilities in another multi-insurer deal
Pension Insurance Corporation and Phoenix Life take on £1.4bn of liabilities
Andrew Smith questions longevity hedge in equity-release mortgages
Paper on ERMs to be presented to Society of Actuaries in Ireland today
LCP predicts "new phase" for pension risk transfer market
Value of market in 2019 could reach £30bn
NAIC set to introduce longevity charge in 2020
American Academy of Actuaries study recommends longevity risk included in RBC calculation
L&G seals £230m pension risk transfer with Howden Group
The insurer had approximately 30% of the UK PRT market in 2018 and hopes to maintain that
Vivat's longevity transfer deal boosts Solvency II ratio
Canada Life Re reinsures €5.5bn of Dutch insurer's longevity risk
Morbidity risk products needed in emerging Asia
Pollution, lifestyle and an aging population create biggest protection gap, according to Peak Re report
InsuranceERM award winners celebrate in style
Photos and list of winners from the prestigious InsuranceERM UK & Europe 2018-2019 awards
PIC gains more than £400m after assumption and methodology changes
UK bulk annuity provider doubles new business premiums in 2018 with 30 transactions
Analysis
Capital models: run, review, repeat
Recent surveys by consultancies Willis Towers Watson and PwC have revealed how UK life insurers have revised their approach to capital modelling. Christopher Cundy reports on some of the highlights
Candace Woods: engineering financial wellness
Prudential Financial's chief actuary talks to Christopher Cundy about her role in improving diversity, reforming its actuarial team and the regulatory challenges facing the insurer.
German life book consolidation: cultural shift needed
Following the sale of Generali Leben to Viridium, the largest-ever transfer of a German life book, participants are hopeful it will convince doubtful minds and open the door to more deals. Christopher Cundy reports
Equity release mortgages: stopping the roof falling in
The Prudential Regulation Authority has shaken up life insurers by proposing new assumptions around the valuation of ERMs. The more prudent approach seeks to avoid a potential disaster if house prices stagnate or crash, but the impact on insurers could be serious. Christopher Cundy reports
The PRA's David Rule on Brexit, the risk margin and the regulator's hotspots for supervision in 2018
The UK's executive director for insurance supervision talks to Christopher Cundy about how the Prudential Regulation Authority is approaching Brexit and reveals the latest views on reforming the risk margin
Lapse risk takes centre stage in capital management strategies
Since the introduction of Solvency II, EU life insurers have had to hold much more capital against the risk of customers lapsing their policies. Luca Tres explains how innovative hedging structures can help firms maximise their capital efficiency