Liquidity swaps market struggles with complexity and uncertainty

Liquidity swaps can give insurers collateralised exposure to higher-yielding assets and ease the pressure on investment performance. But does the yield pick-up compensate for the complexities of the market?


Friends Life appoints CRO

Harris will report to CEO


How Solvency II will change insurers' ALM and investment strategies

The QIS5 discounting rules should encourage greater derivatives usage while the proposed capital charges for credit will encourage a focus on shorter-duration higher quality bonds, argues Peter McGloughlin.