33331

Amending the Solvency II VA to promote good risk management

Use of Solvency II's volatility adjustment (VA) causes hard-to-explain movements in own funds and perverse incentives for hedging and risk management. In this paper, Richard Plat proposes an alternative approach to solve these issues

33051

Insights from Bermuda's cat risk management report

The biggest exposure, trends in the use of reinsurance and the popularity of various vendor models are all revealed in the Bermuda Monetary Authority's latest analysis. Christopher Cundy reports

32171

Actuaries call for improved Solvency II transitional reset methodology

When and how to recalculate the transitional measure on technical provisions has proved one of the trickiest aspects of the Solvency II regime for UK insurers. Actuaries argue the PRA will need to refine the methodology if firms are to take a more meaningful benefit. Callum Tanner reports

31042

The tech trends of 2016

Christopher Cundy discusses the current themes in risk and actuarial software

30082

Solvency II implementation reveals national diversities

InsuranceERM's survey of supervisors reveals how the use of internal models, transitionals and discount curve adjustments differs across the EU

29682

Liquidity has become a fluid concept in financial markets

Melanie Mitchell makes the case for decreased liquidity in corporate bond markets, and explains how investors should respond

29451

Credit downgrades raise strategic questions for insurers

Investors are questioning the impact of credit downgrades on insurers' Solvency II balance sheets. Hugo Coelho investigates how firms are gauging this risk and why they resist putting a figure on it

29311

European supervisors change tack on negative interest rate risk

Insurers are being asked to modify internal models as negative yields become the new normal, but the approach varies by country and company. Hugo Coelho reports

29251

Pulling the trigger on Solvency II transitional recalculations

Callum Tanner investigates UK insurers' first experiences with transitional recalculations and finds contrasting approaches to deal with the volatility of Solvency II ratios

29111

A false dawn for restricted tier 1 debt?

The market for restricted tier 1 debt took off last month with an issue by Gjensidige, but may remain subdued for as long as the Solvency II grandfathering provisions last. Hugo Coelho reports