What the LTGA really says about the matching adjustment

A workable matching adjustment is critical for many insurers facing the prospect of complying with Solvency II, but Eiopa's recent study on long-term guarantee measures has left some aspects ambiguous and others unfeasible. Kim Durniat delves into Eiopa's concluding report to bring out the nuances


Few insurers "totally satisfied" with ERM implementation

Inadequate resources and expertise is biggest barrier, says Barnett Waddingham survey


PIC and Booker Tate agree £20m pension buy-out

Follows "competitive tendering process"


Firms lag on internal model validation

UK firms must ensure its independence, says Troika


EC should go back to drawing board on IORP proposals

Barnett Waddingham says proposed calculations will give "meaningless results"


Model validation consortium launched

Troika brings together Barnett Waddingham, Experimentus and Synergy Compliance


Only quarter of insurers confident SII will go ahead on time

Insurers cite ORSA and reporting as next steps in Barnett Waddingham survey


FSA won't relax SI requirements in advance of SII

Dual running of the two regimes, the approach to technical provisions, 300 requirements to be met for model approval: the FSA's latest guidance underlines how much work insurers need to do. At least dual running will give firms the chance to embed Solvency II in the business, as Lorna Davies reports


IORP proposals threaten "catastrophic impact" on financial markets

NAPF letter to EC points to huge costs to businesses and pensioners