Yearly Archives: 2011

|2011

Power blackouts pose growing challenge to society and industry: urgent action is needed

A study by the Chief Risk Officer’s (CRO) Forum has found that the risk of large scale power disruptions is set to increase due to the growing interconnectedness of electricity grids, changing mix of power sources and aging infrastructure

Power blackouts pose growing challenge to society and industry: urgent action is needed2017-05-10T20:05:29+00:00

Currency Risk under Solvency II

In this paper we discuss the idea behind currency risk. If the guidance for the required capital calculation for FX risk is based on a shock applied to the Net Asset Value of the entities in their respective reporting currencies, then this can create hedge incentives that endanger the solvency of the group and hence policyholder benefits.

Currency Risk under Solvency II2011-04-26T11:49:09+00:00

Insurance industry urges EU Commissioner Barnier to correct Solvency II implementing measures

In this press release, Representatives of the European insurance industry have urged the European Commissioner for the Internal Market and Services, Michel Barnier, to ensure that the overly conservative and prescriptive elements still contained in the draft implementing measures for the forthcoming EU regulatory regime, Solvency II, are urgently addressed.

Insurance industry urges EU Commissioner Barnier to correct Solvency II implementing measures2011-04-04T11:54:57+00:00

Insurance industry urges EU Commissioner Barnier to correct Solvency II implementing measures

Representatives of the European insurance industry have urged the European Commissioner for the Internal Market and Services, Michel Barnier, to ensure that the overly conservative and prescriptive elements still contained in the draft implementing measures for the forthcoming EU regulatory regime, Solvency II, are urgently addressed.

Insurance industry urges EU Commissioner Barnier to correct Solvency II implementing measures2017-05-10T20:05:29+00:00