Insurance
March 2006 - Riding the rollercoaster
US natural gas prices have proven to be susceptible to weather-related price swings. Andy Weissman looks at what a risk manager should consider when designing a price risk management program
Leading the energy software revolution
The ETRM software industry is enjoying a long-awaited boom, meaning exciting developments are in store for energy trading and risk management, writes Stella Farrington
Coping with setbacks
Most risk managers and employees in energy companies are familiar with the concepts of market risk and credit risk, but operational risk is receiving more attention in corporate boardrooms these days, writes Sandy Fielden
South Africa New beginnings
Regional Focus
Hedge funds play it safe
Mezzanine Debt
Value for money
Embedded value
Banking the risk premium
Editor's letter
City of New York
Practitioner profile
Learning from adversity
Swedish Life Companies
Pensions
Introduction
A gilt complex
Supply and Demand
Seeking risk transfer
Insurance
Life's perilous journey
Guaranteed variable annuity products generate huge profits for US life insurers, but have left firms massively exposed to exotic equity risk. Some companies are now laying off risk via long-dated, highly structured hedges. Not everyone is convinced this…
Inflating demand
Japan inflation-linked bonds
Business continuity in financial services firms
We were reminded in 2005 that significant business disruptions continue to occur in varying forms and levels of intensity. The London bombings of July 7, the devastation caused by Hurricanes Katrina and Rita in the late summer and the New York City…
Room for growth: hedge funds in the Asian milieu
regional focus: Asia
After the storm
Last year's devastating US hurricane season hammered home the link between energy and weather. But some believe it may also hold a key to predicting this year's weather, says Todd Crawford of Weather Services International
The Godfather rule
New columnist Toby Nangle on why pension funds are playing with fire
A very British bubble
Editor's letter
The VA challenge
Variable annuities
The CPPI conundrum
Long-dated options