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A death knell for the Sifi designation?
02 May 2017The 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
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Andrew Tyrie to stand down from parliament
25 April 2017Chair of Treasury Select Committee open to new MP
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European insurers hold out hope on UK market access
13 April 2017With 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
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LV's solvency recovery dented by Ogden
12 April 2017Ratio at 140%, up from 126% at half year
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Eiopa gave BaFin five concessions on UFR change
10 April 2017Important that firms do not have to prove post-transitional solvency with lower UFR, says Frank Grund
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BaFin clarifies requirements for standard formula firms' sovereign risk
10 April 2017More than 10% deviation between ORSA and standard formula will require extra capital
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European insurers prepare for UFR change pain
06 April 2017Cutting 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
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Telling the solvency story
30 March 2017The 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
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Turning liability into opportunity
28 March 2017There is growing evidence that exposure to phthalates has serious health impacts. Excluding phthalates from insurance contracts might be the natural response, but modelling the exposure could allow firms to see the risk as a business opportunity rather than a threat, as Praedicat chief executive Robert Reville tells Callum Tanner
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RMS eyes growth in agricultural risk transfer
23 March 2017Modeller to expand AgRisk models across Asia and South America