Smaller insurers face additional burden from FSA's model plan

Two-tier internal model approval process will leave smaller insurers to fend for themselves


Global insurance industry could save $25bn if regulation harmonised

KPMG says new common framework for international supervision is major opportunity for regulatory convergence


Capital benefits of internal models limited, QIS5 reveals

Groups are main beneficiaries of internal models, says KPMG


ECJ gender ruling could increase Solvency II capital requirements

Ban on gender-based pricing will require more conservative capital assessment, say actuaries, unless other risk factors used


Geneva Association's Würmli to speak at European ERM webinar

Addition to Society of Actuaries' 14 January event


What to expect in 2011

Before Christmas, a number of market participants gave us their thoughts on what are likely to be the major issues for re/insurers this year. Here are edited highlights of the main predictions, with links to the full original versions.


Expect changes in standard formula to promote internal models

This could be one of the results of QIS5


Van Hulle and Corinti to speak at European ERM webinar

Global actuarial profession announces speakers and programme for 14 January


Risk managers need to demonstrate their worth

They need to add value in the boardroom and at a tactical level


Insurers must not be over-regulated

The more voluminous the guidance, the more rigid a legislative framework becomes, says Hitesh Patel. And Solvency II's complex rules and capital requirements could make the insurance industry less transparent to investors and the general public.