Reporting: How much more does the ECB want?

The European Central Bank is currently finalising a piece of statistical regulation addressed to insurers, after discussions with the industry ended in July. The requirements will be largely aligned with Solvency II, but in a few areas the bank wants more data, as Hugo Coelho explains


Economic scenario generators: a means to many ends

ESGs are widely used in capital calculations and enterprise risk management. Hal Pedersen and Stephen Sonlin explain how these critical tools work and what to look for in a good one


PRA ignores insurers on matching adjustment rules

The UK's regulator has failed to clarify the rules for applying the matching adjustment, but has set out conditions for repackaging assets and is inviting firms to engage in a trial application. Hugo Coelho reports


Insurance asset managers grapple with Solvency II challenges

Solvency II will impact how insurers manage their assets, but the effects will depend on their size and the business mix. Christopher Cundy and Hardeep Dhillon report from InsuranceERM's Insurance Asset Risk conference


Coping with the inflation conundrum

The development of inflation or disinflation in different markets is a critical driver of corporate performance, rather than simply a tactical investment issue, as the case of P&C insurers shows. Etienne Comon explains


With changing market dynamics, insurers can profit in fixed income

They buy in bulk, their size gives them clout with large fixed-income asset managers and their buy-and-hold outlook insulates them from market swings, as Douglas Niemann explains


China opens up opportunities for insurance asset management

China Life's outsourcing of a $3.2bn investment mandate and a loosening of strict regulations has kickstarted interest in managing China's insurance assets. Hardeep Dhillon reports


Infrastructure assets retain appeal for insurers

Even if recent pension reforms result in falling demand for annuities in the UK, an increasingly competitive insurance market is likely to sustain the demand for high-yielding assets like infrastructure projects, say Michael Wilkins and Oliver Herbert


Solvency II pillar 3 reporting moves into the spotlight

Complying with Solvency II reporting requirements will be no easy ride - especially when there are so many uncertainties to be resolved. The level of detail and the speed with which reports are needed are posing big challenges, as Christopher Cundy reports


ERM basics: Proxy techniques enable risk-based decision making

Proxy techniques, such as least squares Monte Carlo, allow faster analysis of risks and for many insurers they have become essential tools for aiding decision making, as Brian Robinson explains