Insurance
Cat bond market poised to boom in 2013
Bond boom
Sidecar capacity set to grow as capital market investment increases
Third-party solutions increasingly sought by firms seeking reinsurance and retrocession
Insurers welcome FSA concessions on mutual capital
But questions remain over cost and complexity of regulator's proposals
Insurers grapple with Solvency II economic capital projections
Capital projection
Lack of clarity on calculation parameters jeopardises long-term guarantees test
Concerns that technical specifications may be released only days before assessment is launched
Insurers pose less systemic risk than banks, shows study
Geneva Association research shows proposals for regulating systemically risky insurers are'misguided'
Further longevity deals expected in 2013
More deals expected to take place in 2013, but complexity of transactions is expected to limit market growth
Insurance Risk North America: Insurers must 'break addiction to policy guarantees' in low-rate environment
Lack of product innovation means not enough products work in the low interest rate environment, panellists complain
The unintended consequences of the UFR
Annuity dawns
Investment in infrastructure set to rise as insurers seek yield
Swiss Re infrastructure deal shows developing appetite of insurers to finance long-term projects
German insurers' life guarantee reserves 'to double' in 2013 as low yields bite
Increased ZZR reserves 'threat to insurers' business model'
Value of multi-peril cat bonds challenged
Combining uncorrelated perils does not necessarily make bond more attractive and presents valuation challenges, say bankers
Lack of inflation clearing could hit LDI community
A different track
Insurers begin 'cautious' re-risking of investment portfolios as yields slump
Third-quarter results show small increase in equity exposure and lower-grade corporates
HK insurers ramp up dollar hedging activities
Insurers in Hong Kong are revising their long-term policy of not hedging out their US dollar exposures
Calls for better modelling of business interruption losses following Hurricane Sandy
Contingent business interruption models beginning to emerge, but data a challenge
Mutuals warn of capital threat from UK 'twin peaks' regulation
Guidance needed on treatment of with-profits fund surpluses under new supervisory regime
Norwegian regulator to ease internal model timetable in wake of Solvency II delays
French regulator also considering adjusting pre-approval schedule
FSA ring-fencing proposals threaten with-profits fund rescues
Regulator faces gold-plating criticism over transposition of Solvency II into sourcebook
Webinar: Taking control of workflow for effective risk governance
By harnessing workflow insurers can develop a more robust enterprise-wide risk management framework. This webinar, in conjunction with Second Floor, brings together industry experts to examine how to achieve this
Insurers push for new way to recognise equivalence of Canada
Regime recognition mechanism proposal should be agreed in Omnibus II, says Standard Life's Porteous
Solvency II: Lack of co-ordination on internal model approval, says Buecheler
European supervisors are taking different approaches to the Solvency II internal model approval process, says head of Solvency II project for Allianz
Sunrise on Japanese VA hedging
Sunrise on Japanese VA hedging