Der Klimawandel wird derzeit von BaFin sowie EIOPA und EU-Kommission auch in geänderten Anforderungen an Versicherungsunternehmen aufgegriffen. Künftig müssen sich RMF und VMF explizit mit Nachhaltigkeitsrisiken (Environmental, Social, Gove
Program: - Best Estimates (gouvernance du BE, ESG) - Arrêté ministériel relatif aux fonds excédentaires en assurance vie paru au Journal Officiel du 28 décembre 2019 (PPB) - Long Term Equity Investments - Questions - Chai
Implementation of IFRS 17 is both unique and disruptive. The impacts will be significant within companies and potentially in the broader insurance market. Given the size of these implementation efforts, there is no doubt strong project management systems
For many years, and now exacerbated by CoViD19, the world has struggled for economic growth. Many businesses have expanded into new markets to chase the inflation-beating returns that they so desire. Africa is an attractive proposition, and there is still
Insurers are generally making good strides in readying themselves for IFRS 17. However, one of the pitfalls we believe companies need to avoid is making both design and accounting policy decisions based on what is perceived to be allowed by the standard r
Active portfolios subject to tracking error constraints are the typical setup for active managers tasked with outperforming a benchmark. The risk and return relationship of such constrained portfolios is described by an ellipse in traditional mean-varianc
Artificial intelligence (AI) and machine learning (ML) are evolving at lightning speed with ever increasing applications across many areas of a financial institution’s business activities. Whilst FS firms have actively pursuing maturation of their m
We’re about two years into SAM and the dust has settled with many life insurers finding a steady rhythm of submitting regulatory returns. The industry now has an opportunity to improve beyond just reporting efficiently and in this presentation we wi
Such is the importance of financial markets and such is the potential impact of their failure on entities and households well outside these markets that careful regulation of these markets is called for. This regulation should be based on the foundation o
Impact investors have crucial roles to play in responding to the COVID-19 crisis and helping communities build resiliency across the globe. Importantly, COVID-19 has presented opportunities to adjust and maximise impact activity to respond to the needs of
The CSM will be a critical value in determining the profile of profit recognition of a company under IFRS 17. Unlike the prescriptive compulsory margin approach prescribed by SAP104 there are a number of areas in the practical application of the CSM metho
Asset allocation involves the balancing of portfolio risk vs. return by adjusting the allocation to each asset in an investment portfolio depending on the investor’s risk tolerance, goals and investment time frame. Unfortunately, in times of extreme
With “Twin Peaks” or the” Financial Sector Regulation Act” coming into effect in April 2018, the regulatory landscape in South Africa has shifted. The formation of the new Prudential Authority brings together the banking and insura
South African insurers are generally well capitalised, with significant volumes of discretionary margins in their IFRS reserves and very healthy regulatory solvency ratios. However, given the new balance sheet measurement approach under IFRS17, buffers in
You're interested in obtaining the CERA credential. You know a bit about it and think it will really enhance your career. But how does it work? This video explains how the CERA Global Association and the CERA credential work and how you can obtain the des
Au sein des Générateurs de Scénarios Economiques, les corrélations inter-indices font fréquemment l’objet d’une forte hypothèse gaussienne sous-jacente ; elles sont donc représentées par
Les produits d'assurance indicielle présentent de nombreux avantages. Le sinistre étant acté dès lors qu'un indice indépendant vient franchir un seuil contractuel, ils permettent des délais d'indemnisation tr&egra
L'évaluation du respect permanent des exigences de capital prévue par l'ORSA requiert la projection pluriannuelle du SCR. Cependant, le calcul du SCR d'un assureur vie est particulièrement complexe, notamment du fait des interactions
Real estate can play different roles in a multi-asset portfolio (for example, it can be a growth asset, a liability-matching asset or a diversifier). In every case, however,rental income is critically important and therefore understanding the credit risk
Solvency IIThe current review initiated by a request from the European Commission can lead to significant changes of the Solvency II framework. Because of the Covid-19 pandemic the due date for EIOPA’s opinion on the Solvency II – review 2020
Webinar by the IAA's Banking Working Group on systematic risk modelling, February 2018.
Webinar by the IAA's Banking Working Group from September 2018 on implimenting IFRS 9 to the banking sector.
The IAA's Banking Working Group gives an overview of RegTech.