Product provides insurers with underlying investment data for solvency calculations
Will bring market instability, according to LGIM
Widening credit spreads have made IAS19 a weaker funding measure
Report finds firms have reduced their exposure to potential default
Conning will manage Phoenix's $8bn insurance assets
Insurers are facing challenges on both sides of the balance sheet from the market environment and regulatory change. New approaches are needed but there are pitfalls. Helen Yates explains
Despite contributing more than half the bottom-line profits, investments have always been the poor relation within syndicates compared to underwriting. However, with asset yields lower and regulations becoming stricter, that may need to change, says Yasheen Rajan
Insurers will use derivatives to match duration, says Fitch
In the previous article in this series (A primer in replicating portfolios), Adam Koursaris explored a set of useful principles for replication -- general facts that govern the use of replicating portfolios in asset-liability modelling. Now he examines practical aspects of RPs in insurance capital calculation.
Solvency II's approach to valuing assets and liabilities presents additional challenges for insurers in managing the volatility this creates. Michael Faulkner reports.