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Australia beats Europe on regulatory overhaul
21 December 2012Australia has succeeded where Europe has seemingly failed by implementing new solvency capital regulations for insurers in three years – with relatively few delays. The standards will be implemented on 1 January 2013 and follow a broadly similar approach to Solvency II. Lorna Davies reports
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The financial crisis is still the biggest ERM challenge
21 December 2012Persistently low interest rates continue to pose problems, says Munich Re's Jürgen Dümont
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Focus on the risks and issues that ERM misses
20 December 2012A good track record of addressing strategic risks will build ERM's value into the heart of business, says Hiscox CRO
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Solvency II pillars 2 and 3 will be implemented by 2014, says Eiopa
20 December 2012Eiopa will publish guidelines for supervisors
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Ace's Mark McCausland: Solvency II is no chore
19 December 2012If boards are only focused on meeting the regulatory aspects of Solvency II they are missing a key point, says Mark McCausland, chief risk officer for Ace European Group, and calling the directive a chore should be resisted. He talks to InsuranceERM about this and other challenges of the CRO role
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PIC reinsures £400m longevity risk with Munich Re
17 December 2012Takes PIC's deals to £1bn this year