The NAIC found many flaws in the way that mortgage securities held by US insurers have been rated in the past and decided on a different approach, as Michael A Cohen explains
Estimate of funds needed a lot less than rating agencies'
Among them: increasing regulatory burdens, a talent shortage, investment dilemmas and looming inflation. Our panel of industry soothsayers spell out their concerns.
Managing the underwriting cycle is biggest challenge
Fourteen experts pick the key lessons learned for risk professionals in 2009. Their views on what to expect in 2010 will be posted after the holidays.
The financial crisis and the toughening demands of Solvency II have been a combined test like no other for companies this year
Matching them with the long-term obligations of the reinsurance business is the key, says asset management head David Blumer in an interview with Stuart Collins
Further normalization of corporate bond spreads might add another £60bn
Some in the UK fear the FSA will apply the directive more strictly than its continental counterparts. Will "harmonization" succeed? Jessica Baylis investigates
Equity markets have given pensions plans great returns this year but their liabilities have grown even more