Category Archives: Reinsurance

Solvency II Averts Waterloo – This Month’s 2nd Biggest Surprise?

Two big European surprises in just a couple of days:  firstly, news breaks that in a desperate attempt to avoid another “null points” scenario, veteran crooner Engelbert Humperdinck has been brought back to represent the UK at the Eurovision song contest.  … Continue reading →

Political Pressure Builds Around Solvency II

The Solvency II debate has now even made it into Prime Minister’s questions in the UK House of Commons. Prime Minister David Cameron said last week that the new European regulatory regime is a “good example of ill thought-out EU legislation”. He … Continue reading →

The Social Media Revolution After Tohoku

eNCOMPASS: Japan One Year Later

Social media proved a critical information source after the 2011 Japan earthquake, tsunami and nuclear threat, so we developed a tool to use it during disasters Continue reading →

Prudential to Quit London Because of Solvency II?

Why Prudential is reviewing its domicile in response to Solvency II regulations. Continue reading →

New Zealand Re/insurance Industry Feels Aftershocks of Quakes

The New Zealand quakes of 2010 and 2011 had a major impact on society and the cityscape--and radically changed the local insurance and reinsurance marketplace, writes guest blogger Jeremy Andrew, business development manager for Willis New Zealand. Continue reading →

Learning Lessons: 3 Reports Every Re/insurance Practitioner Should Read

Turkey Earthquake 2011

Robin Swindel of Willis Re details 3 reports on lessons learnt from natural catastrophes that every reinsurance and insurance practitioner should read. Continue reading →

Emerging Analytics Risk of 2012

It is hard to take your eyes off the still-unfolding European financial crisis, but we need to keep looking for other sources of risk. Although again delayed in 2011 and perhaps still subject to further transition and political posturing, Solvency II is … Continue reading →

No Room for Woolly Thinking in the Re/Insurance Industry

I recently presented a paper on risk perception to the UK’s Parliamentary & Scientific Committee. Below is a snapshot of my speech, but you can access the full paper, “Risky Business: Risk and Reward Assessment in Business Decision Making,” here. Continue reading →

Cat Amongst The Pigeons? New Guidelines for Catastrophe Modelling

Solvency II is not short of documentation, with the output of Brussels and Frankfurt being better measured in inches rather than pages. But it is often light on practical guidance. One area where guidance is certainly required relates to the … Continue reading →

Solvency II Reporting Requirements: Will Quants Welcome Querts?

While two key Solvency II consultation papers published in November finally clarify reporting requirements, they will significantly add to the workload of re/insurers’ quants who will have to complete up to 50 Quantitative Reporting Templates (QRTs). Continue reading →