Yearly Archives: 2010

|2010

Principles Governing Transitional Provisions

Solvency 2 represents a step change in the prudential regulation of insurance that promotes the best practice standards of risk management advocated by the CRO Forum. The challenge of implementing a harmonised and risk-based economic approach across the EU should not be underestimated.

Principles Governing Transitional Provisions2017-05-10T20:05:29+00:00

Experts examine longevity and nanotechnology risks through CRO Forum Emerging Risks Initiative

he CRO Forum, a professional risk management group, whose members are large insurance and reinsurance companies, has released two position papers today through its Emerging Risks Initiative. The first addresses the risks posed to pension funding by increased longevity.

Experts examine longevity and nanotechnology risks through CRO Forum Emerging Risks Initiative2010-11-25T10:46:27+00:00

Nanotechnology

This presents the insurance industry with significant challenges and opportunities. The paper recommends that assessing risk over the life cycle of these nanomaterials should be standard practice for the nanotechnology industry, as well as for their insurers and reinsurers.

Nanotechnology2010-11-25T08:15:44+00:00

Longevity Risk

The longevity paper finds that increased life expectancy will challenge society to provide adequate income to all individuals through old age. Consequently, demand for longevity risk mitigation solutions is growing, and life insurers should play an important role. However, their current capacity to take longevity risk onto their balance sheets is small relative to global longevity risk exposure.

Longevity Risk2010-11-25T08:04:56+00:00

CRO Forum Sustainability Framework August 2010

As a consequence of globalisation, public expectations have risen that businesses should behave responsibly and accountably in terms of minimizing their environmental and social footprint. Even though this footprint is low for the insurance industry due to the service nature of its operations, headline risk has nonetheless increased.

CRO Forum Sustainability Framework August 20102017-05-10T20:05:29+00:00

CROF QIS5 Press Release

QIS5: A checkpoint to steer Solvency II. Results will provide a tangible basis to assess potential outcomes of Solvency II. The CRO Forum welcomes and supports the efforts of the Commission and CEIOPS in moving [...]

CROF QIS5 Press Release2010-08-23T10:50:06+00:00

QIS5 TS High Level Issues

The CRO Forum and CFO Forum are pleased to be able to provide comment on the QIS5 draft specification, as prescribed in the QIS5 consultation. We welcome the openness to cooperation between us and trust that this is merely a point in our continuous dialogue.

QIS5 TS High Level Issues2010-06-01T10:54:18+00:00

QIS5 Detailed Feedback

The CRO Forum and CFO Forum are pleased to be able to provide comment on the QIS5 draft specification, as prescribed in the QIS5 consultation. We welcome the openness to cooperation between us and trust that this is merely a point in our continuous dialogue.

QIS5 Detailed Feedback2010-06-01T09:02:52+00:00