IERM comment: praying for pragmatism

The revised delegated acts, guidance on the matching adjustment, resolution regimes... it's been a busy week


Carney raises the stakes on Solvency II internal models

Mark Carney's recent indication that the Bank of England will not hesitate to withhold approval of inadequate internal models raises the question of just how heavy-handed the regulator will turn out to be, as Stephen Makin, Emma McWilliam and Ross Evans discuss


Equity release mortgages out of matching adjustment portfolios

PRA outlines own interpretation of rules on asset-eligibility


PRA spots 'gaps' in matching adjustment mock-ups

Pre-application process runs from 1 December to 6 January


Benefit of the matching adjustment could be wafer-thin

If supervisors take a hard line on the methodology for calculating the fundamental spread and issues like diversification, new business and portfolio rebalancing, the adjustment could lose its appeal, reports Hugo Coelho


Internal model change rules are 'highly burdensome'

Concern over requirement to notify supervisors of parameter updates


IERM Comment: Systems overload!

Insurers must be bewildered by the pace and volume of regulatory change taking place


Innovation to drive UK annuity market

ATM withdrawals possible says EY


UK insurers may face resolution plans

PRA will consult industry


Actuaries to be accountable for insurance failures

BoE chief Mark Carney extends senior managers regime