This morning, I would like to give a few practical commentson capital adequacy from an insurance companyperspective. In … doing so, I will present two views on capitaladequacy and capital allocation in the insurance industry.The first view is the … those requirements,and the relationship between regulatory capital amountsand the actual risks facing insurance companies …

provider of mutual insurance in the late 19th century, the friendly societies. These theories share common implications with …

order to illuminate current debates about pension‘reform’. Much of the present discussion depicts social insurance ‘crisis …) nature of crisesthat have plagued social insurance regimes in both countries. It also identifies what may belearnt from …

likely implications of the reformsfor pensioner poverty, income security in old age, economic growth, theNational Insurance … improved provisionthrough National Insurance Contributions will mean that the burden ofpaying for the new scheme will be …