18411

"The HLA creates more instability than it subtracts" – Axa's Thimann

Christian Thimann, head of public of affairs at France's largest insurance group, is critical of regulators' plans to tackle systemic risk in the insurance sector. He talks to Hugo Coelho

18251

Blip, trend or poor model? Insurers respond to shift in mortality projections

Recent mortality projections for England and Wales have led some observers to question whether this marks the start of a new trend – or the need to build a new model. Asa Gibson reports

18091

EU divided over Solvency II's dynamic volatility adjustment

Whether internal model firms can assume changes in the value of the volatility adjustment under stress depends on where they are based and Eiopa's attempts to issue guidance are fraught by disagreements. Hugo Coelho reports

17951

Quantifying the diversification benefit

The diversification benefit is a crucial factor in internal models, but how do you pin down dependencies in the absence of hard data? Justin Skinner and Russell Ward share their experiences

17861

Monte Carlo Rendez-vous: Choppy waters on the voyage to El Dorado

At this year's gathering of the reinsurance industry in Monte Carlo, much of the conversation was about adapting to the tough market conditions and exploiting elusive growth opportunities. Asa Gibson and Helen Yates report

17831

Opinion: Ultimate forward thinking?

Legislators should resist the pressure to alter the ultimate forward rate (UFR), a key element of the discount rate used for the valuation of all assets and liabilities in Solvency II, argues Igotz Aubin

17631

Ivass's Alberto Corinti: "There is more to pillar II than checking boxes"

Italy's industry seems well-capitalised under Solvency II, but meeting the governance requirements is proving more challenging. Top insurance regulator Alberto Corinti tells Hugo Coelho about plans to examine boards' responsibilities and their view of risk

17461

Late transposition hampers Solvency II applications

More than half of European countries have not yet written Solvency II into their national laws, prompting supervisors to set up voluntary processes to apply for internal models and adjustments. Hugo Coelho reports

17271

Deal on reinsurance collateral stalls over bureaucratic hurdles

Negotiations between the EU and the US were scheduled for before the summer, but have yet to start. There is a growing concern that the delay thwarts plans to grant the US equivalence status under Solvency II before the regime goes live. Hugo Coelho reports.

17171

Dutch insurers derailed by Solvency II surprises

Setbacks in internal model approvals have put a strain on Dutch insurers' plans for Solvency II and raised fears that the European industry is less prepared than it thinks, Hugo Coelho reports