Insurers and banks are both suppliers of financial services and constitute together thebulk of the financial services industry. As such, they share certain common traits and,consequently, are often analyzed together. At the same time, they differ markedly in certainrespects, insurance and...

Leader's Statement of the G20 Pittsburgh Summit, What's Systemic Risk, Framework for Mitigating Systemic Risk, Japanese Safety-net for Deposit-taking Financial Institutions...

Financial crisis an insurance, Ten consequences for Risk Management and Supervision, Conclusion regarding an IGF...

Three propositions: Insurance Companies can be systemic importance; Insurance companies should be subject to tougher regulation and supervision; Risks should be assessed on a group-wise basis...

Explicit guarantees are good for shareholders, policyholders and regulators: increased transparency. The risk management of capital market risks embedded in life (re) contracts is non-trivial. A bank-like operation (hedging platform) is needed for quantification, hedge design and controlling of...

Economic approach (diversification benefits) in line with Solvency II conceptual framework. Same level of protection to policy holders with a given level of capital across the group. Mechanism enhancing capital mobility within a group. Alignment with the way groups are effectively managed...

Is a world-wide convergence of regulatory regimes desirable/necessary? 1. Yes, to achieve a level playing field. 2. Yes to reduce systemic risk, 3. I am indifferent...

Solvency Margin Scheme in Japan, present and future; The way we, as an industry, are going to adapt to global solvency margin standards; Lessons learned and ramification of the current financial crisis; Conclusion...

The U.S. System, Comparing Solvency II and the U.S. System, Lessons Learned from the Current Turmoil, Where do we go from here?...

State regulators and federal regulators competing for jurisdiction over financial marketplace "investment" products, certian insurance and annuity product sales. States' role is unlikely to disappear, but likely to change...