IAIS publishes ICS public consultation document
  • Friday, 22 July 2016

IAIS publishes ICS public consultation document

On July 19, the International Association of Insurance Supervisors (IAIS) published the second Risk-Based Global Insurance Capital Standard (ICS) consultation document. The document is the successor of the first consultation document released in December 2014. The development of the ICS was initiated in response to a request of the Financial Stability Board (FSB) stating that […]

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IAIS updates on ICS at 9th annual Global Seminar
  • Friday, 8 July 2016

IAIS updates on ICS at 9th annual Global Seminar

Last month, the International Association of Insurance Supervisors (IAIS) held its annual global seminar. This year it was hosted by the Central Bank of Hungary. The seminar comprised two days of presentations and dialogues, visited by nearly 250 members and stakeholders. The attendants were updated on IAIS’s progress on the development of the global risk-based […]

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EIOPA updates VA representative portfolios
  • Tuesday, 5 July 2016

EIOPA updates VA representative portfolios

On July 1st, EIOPA released updated representative portfolios that it will use for the calculation of the volatility adjustment (VA) to the risk-free interest rate term structures (RFR) under Solvency II. The update is based on data of European (re)insurers reported to their national supervisory authorities (NSAs) during 2015. EIOPA aims to enable a better […]

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Partnership with GloComNet
  • Monday, 4 July 2016

Partnership with GloComNet

We are happy to announce that Zanders has entered into a partnership with GloComNet. GloComNet deals with ‘complexity and uncertainty’. Complexity theory asserts that the world is not mechanical or stable, but rather that it is interconnected and constantly evolving. Unexpected events such as Brexit can cause current patterns – however stable they may seem […]

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