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Blog
Appropriateness of standard formula for SCR
As part of the Solvency II framework, firms are required to understand and explain the differences between their own risk profile and the underlying assumptions of …
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Briefing
Appropriateness of standard formula for SCR brief 2015
It isn’t news to firms that they have to understand and explain the differences between their own risk profile and underlying assumptions of their Solvency Capital…
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Blog
Asset data requirements for Solvency II
Insurers may be required to obtain additional asset data in order to satisfy Solvency II requirements. This blog summarises what may need to be collected and what t…
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Blog
Unit-linked business – it just keeps getting harder
In removing the need to match the face value of the unit-linked liabilities, Solvency II threatens to change the straight forward nature of unit-linked business. Th…
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Blog
2014 – the year where Solvency II got real and we all bought Lamborghinis
2014 was a busy year for the actuarial world. Our blogs show how many things happened in the last 12 months, there are 3 key reasons we will remember 2014: Solvency…
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Blog
Reversible Jump Markov Chain Monte Carlo (RJMCMC) Method
Continuing our series of blogs on methods of GI reserving that have caught our interest, we turn our attention to the Reversible Jump Markov Chain Monte Carlo (RJMC…
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Blog
Solvency II Volatility Adjustment benefit to be reduced for UK insurers
EIOPA’s latest consultation paper comes with a sting in the tail for those hoping to use the Volatility Adjustment.
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Blog
Curbing the whiplash epidemic
According to recent newspaper articles the UK is branded the 'whiplash capital of the world'. If this is true, what is being done to curb the 'whiplash epidemic'? …
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Blog
Matching Adjustment: More to do and sooner!
The PRA issued two documents relevant to the Matching Adjustment on 15 October 2014. The first, CP23/14, covers Solvency II approvals and provides details of the M…
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Blog
Clarification for signing actuaries?
In early 2014, the Central Bank of Ireland published new reserving requirements for non-life insurers and non-life reinsurers and life reinsurers. Our latest blog l…