Tag Archives: Solvency II

Reinsurance Evolves to Protect Earnings

protecting earnings

In today’s environment, managing an insurance company’s risk is increasingly challenging; scrutiny of insurers’ financial health and the inevitable associated market and peer comparisons are greater than ever before. Continue reading →

Chief Risk Officer 3.0: Darwinism at Work

CRO Darwininsm

The role of the chief risk officer (CRO) in European insurance companies has evolved quickly in the last 20 years. Now, I believe that the passage of Solvency II is moving the goalposts again. Continue reading →

Reinsurance Buying Habits in Central and Eastern Europe Are Changing Under the New Solvency II Regime


The arrival and implementation of Solvency II regulations in Europe has heralded a flurry of action from insurers across the continent to ensure readiness for the demands of the new regime. Continue reading →

Reinsurance and Solvency II: The Challenge of Regulating Diverse Markets

global analytics

If you’ve read any of my past blogs about Solvency II you will know that I have a love/hate relationship with it. I fully believe in and support what Solvency II is trying to do but find the way it … Continue reading →

Long-Term Finance for Growth: Will The NBFIs Please Stand Up?


A “perfect storm” of converging macroeconomic challenges is hitting Europe. Continue reading →

Solvency II Gets Real

EIOPA: Pre Stress SCR Ratios

The last few days have seen an avalanche of documents from the European regulator EIOPA.  Solvency II, for so long a dream or nightmare, is due to go live in just over 12 months.  It’s getting pretty real. Continue reading →

Solvency II – A Burden or an Opportunity for Captives?


The reality of Solvency II is now dawning on the whole insurance industry. After years of speculation and, in the case of many, millions of euros of expense and additional regulatory capital, insurance company owners are bracing themselves for pillars … Continue reading →

Guide to ERM: Risk Management Disclosures

show your cards

U.S. insurers have made the case to the insurance regulators at the National Association of Insurance Commissioners (NAIC) who have been drafting the U.S. Own Risk and Solvency Assessment (ORSA) requirements that the ORSA report as defined will contain sensitive … Continue reading →

Capital Modelling in Solvency II – Where Did it All go Wrong?


At a recent scientific seminar I was asked to talk about Insurance and Reinsurance In the Modelled World. I argued the case for capital modelling was clear-cut, and that in five years’ time every insurer of any size will likely … Continue reading →

Pigs Fly: Solvency II Agreement Reached

Pigs Fly

There is a special form of the Theory of Relativity that applies to insurance. As Solvency II’s planned implementation date approaches, time slows down and then grinds to a halt—Solvency II must always be three years away. The theory has … Continue reading →