Matching Adjustment panel

L - R: Prasun Mathur, Emily Penn, Sumit Mehta, Gareth Mee

PANEL DISCUSSION: Optimizing the asset mix in a matching adjustment portfolio: structuring alternative assets and conventional assets to make them eligible for the matching adjustment

  • The experience to date of the approval process
    • What have our counterparts managed to get approved so far?
    • What does the PRA focus on?
  • How do we deal with more complex products under the MA?
  • Securitization and structuring of alternative assets to comply with SII regulation and MA eligibility.
  • Treatment of:
    • Equity release mortgages
    • Non-sterling bonds
    • Other assets with prepayment risk
  • Hedging strategies: What approaches to hedging have been successfully approved, or not?

Panellists:
Emily Penn
, Head of ALM, LV=
Prasun Mathur
, Deputy Head of Investment Risk and ALM Strategy, PHOENIX GROUP
Sumit Mehta, Portfolio Manager, LEGAL AND GENERAL
Moderator: Gareth Mee
, Executive Director - EMEIA Insurance - Risk and Actuarial Services, EY