Analysis

  • How are P&C actuarial functions coping with Solvency II?

    16 May 2017

    With more than a year's experience of Solvency II, actuaries in property and casualty firms are implementing some of the requirements well – and others not so well – as Sanjiv Chandaria explains to Christopher Cundy

  • Insights into an evolving ERM process

    09 May 2017

    Janice Englesbe explains how Gen Re has changed its approach to enterprise risk management following the completion of its first ORSA in 2015

  • A death knell for the Sifi designation?

    02 May 2017

    The US inquiry into the designation of non-bank systemically important financial institutions looks likely to see insurers AIG and Prudential Financial shed the label, while ensuring the court appeal against MetLife becomes obsolete. What will replace Obama's post-crisis regulation and will it affect the international process? Callum Tanner reports

  • Solvency II equivalence on the Isle of Man - a bear necessity?

    26 April 2017

    Allan Christian explains how updates to the Isle of Man's insurance regulatory regime have become intertwined with efforts to gain Solvency II equivalency

  • Sourcing data for cyber risk management

    19 April 2017

    Insurers crave data to better write cyber risk policies and understand their risk accumulation, but getting hold of it is a tough assignment. Cintia Cheong reports

  • European insurers hold out hope on UK market access

    13 April 2017

    With article 50 triggered, insurers in the UK and EEA wait with bated breath for news on what will replace passporting. Although the EU looks set to take a tough line on access to the single market for the UK, pressure is mounting on the UK government to avoid retaliation. Callum Tanner reports

  • The ongoing ordeal of Ogden

    11 April 2017

    The change to UK's damages discount rate came as a huge surprise to many insurers. But this is far from being a one-off shock. Christopher Cundy reports

  • European insurers prepare for UFR change pain

    06 April 2017

    Cutting the ultimate forward rate to about 3.65% over the next five years will drag down European insurers' solvency ratios as the pain of low rates feeds into long-term discounting. The big question now is whether MEPs, the Commission and German industry will work together to block Eiopa's methodology. Callum Tanner reports

  • View from the Top: The CRO and risk team of the future

    04 April 2017

    The skills of an effective risk function have evolved over the past decades due to regulatory change and financial innovation. Looking forward, the role of risk once again sits on the brink of uncertain development driven not only by regulatory change but also the threat of digital disruption, as Tom Wilson explains

  • Telling the solvency story

    30 March 2017

    The Solvency II solvency and financial condition report (SFCR) is causing consternation among insurers. How do participants balance the requirements of disclosure with confidentiality, or interpret this most loose fitting of regulatory diktats? With the first set of reports already published, the answer seems to be, not very happily. Sarfraz Thind reports