Credit default swap portfolio securities lending program, inability to access capital markets, credit rating downgrade

Critical examination and reviwe of U.S Solvency Framework; Modernize, Modify, Ecpand, Eliminate, Enhance U.S regulatory system as appropriate; Examine international developments for potential use in U.S insurance regulation...

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

Level 1: Framework Directive, Level 2: Implementing Measures (Commission), Level 3: Convergent implementation assisted by close cooperation between national authorities, Level 4: Rigorous enforcement of Community legislation by the Commission...

Significant amount of work currently undertaken by CEIOPS; Some challenging times ahead; I will focus on two main workstreams: PRIPs and IMD Revision...

1,5 trillion USD of writedowns; an unprecedent use pf crisis management tools; The cost of the crisis; Crisis Management: main issues...

The process; A case for EU action; IGS in MS of the EU/EAA; Design Features; The outcome: What size?...

U.S. policy holder protection; U.S. garanty fund system; Notable Features...

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...

All enterprises in the DJ sector Titans Insurance Index operate as groups of companies, and many other insurance groups exist, including legal entities domiciled in different jurisdictions...