Axa
QIS 5 demonstrates EPIFP in Tier III for Solvency II not “economically consistent”
Montalvo moves closer to the industry’s position on future profits as Tier I capital – but does not agree that all should be included
Axa IM extends e-trading capabilities
Profile: Paul Squires
AXA Rosenberg to pay $240m after failing to disclose coding errors
AXA Rosenberg pays $240m for failure to disclose code errors
Central Europe - insurers look to overcome region's ALM challenges
Taking the centre ground
Insurers ring changes in Asian businesses
Axa, Manulife and Prudential all make changes in management of subsidiaries in key growth market for 2011
Axa appoints Chow to lead North Asia sales
Axa IM said its assets under management reached approximately $713 billion as of the end of September 2010.
Axa offers ABS repo facility to banks
You repo what you sow
New clearing rules may make CDS prohibitively expensive, traders warn
Buy-side market participants are expecting increased operational costs when new regulation on central clearing of CDS contracts is implemented
Axa loses structured finance chief to Goldman Sachs
Axa loses structured finance head to Goldmans
Axa IM to lend funds secured by ABS
The essential ABS
Cat bonds set to become new face of structured credit, say Axa chiefs
Two senior heads at Axa Investment Managers anticipate escalating demand for catastrophe bonds.
‘Fatal flaw’ may derail euro project, says Axa
Global head of fixed income at Axa says a more cohesive political union is needed if the Eurozone is to survive.
Variable annuity redesign led by US innovation
Variable annuity providers were hurt by basis risk, extreme volatility and policyholder lapses during the crisis, and guarantees were scaled back and repriced as a result. Now risk management is driving a US-led surge of innovation. Laurie Carver reports
New hope for insurance-linked securities
Since the financial crisis the insurance-linked securities market has been squeezed into a tight corridor of issuance with only natural catastrophe bonds seeing any traction – a blow for a market that pre-2008 appeared to be on the cusp of developing…
Eurozone contagion fears hit eastern Europe as investors seek safe havens
Bond investors are looking to the relative safety of Poland and the Czech Republic as the Eurozone debt crisis takes toll on eastern Europe’s smaller economies.
Investors see opportunities in index-linked gilts as inflation rises
With inflation continuing to trend higher than the Bank of England’s target rate, index-linked gilts are growing increasingly attractive to investors.
The sum of its parts?
The latest Basel committee proposals to force insurance subsidiaries’ equity to be financed with the parent’s Tier I capital poses a threat to the bancassurance business model, already wounded from high-profile failures. The increased cost of capital…
Australian annuities - from boom to bust
The Australian superannuation system contains over A$1.2 trillion of assets, but the country’s annuity industry has yet to see any tangible inflow from the sector. As baby boomers retire, will this change and if so, does the industry have the risk…
Defining dependence - the changing face of asset class correlation
Diversification let the industry down in the last two years, as alternative asset classes moved in tandem with equity and fixed income. With its estimation so volatile, and its theoretical validity tarnished, correlation’s role in risk management is…
Maintaining interest
Axa IM has found its own ways to reduce counterparty risk and overcome the problems caused by low interest rates. It is now confident there will be a return to structured products. Clare Dickinson reports