Insurance and reinsurance companies provide their services and risk taking capacity not only in their home markets, but also in other territories and jurisdictions. Sophisticated supervisory approaches must exist to protect the policy-holders adequately in such a complex environment. It is thus...

In this roundtable, an adviser to several central banks and founding member of the Group of 30 discusses regulatory reform and corporate risk management strategies with senior executives from three of the world's largest insurance companies. Much of the discussion attempts to explain why...

This article is reasoning why risk and capital management in insurance companies malfunctioned partially during the recent capital market crises and what measures insurers and regulators have to adopt to ameliorate thoroughly their control and steering systems. Comparisons to finance and banking...

This article takes a global view of risk-based capital management in the insurance business, which nowadays is a key issue of the management of insurance companies. A thorough analysis of recent regulatory authorities’ and rating agencies’ positions shows that it is also a core topic in...