Losses came from Geico, retroactive insurance and Gen Re
To record information about senior managers and map governance
Market volatility should erode capital ratios, the possible loss of passporting rights may force restructuring and relocation – and regulation could well be tightened. Hugo Coelho reports
Firms required to avoid automatic reliance on external assessments
Eiopa unveils assumptions underlying the default method for calculating Solvency II capital
Financial modelling software dominates the new ERM Technology Guide, as it did last year's, but there is more emphasis this year on enhanced computing performance, standard formula solutions and governance, risk and compliance
Now installed in 15 countries
Extending the window for the IMAP to mid-2013 applies only to those firms already in pre-application, says the UK regulator, but it has yet to clarify other issues arising from its announcement about the delay in Solvency II implementation. Lorna Davies reports.
Our guide to 18 systems from 14 vendors shows a wide range of approaches. All of them have features relevant to compliance with Solvency II and some are prepared for pillar II and III requirements.