Latest insurance sector regulatory developments with increased attention on liquidity risk management
Supervision of insurers has so far focused mainly on solvency. There has been less focus on liquidity risk, which is generally not seen as a material risk for insurers, given the characteristics of traditional (life) insurers.
What exactly are liquidity spreads and liquidity spread risk? And how can banks incorporate liquidity spread risk into their risk management framework?
The increased volatility in the commodity and foreign exchange markets, augmented counterparty risk and the low interest rate environment have led to an increased focus on financial risk management (FRM) for multinational corporations (MNCs).
Bart-Jan Roelofsz (Endemol Shine Group)
As well as being a member of the board of the DACT (Dutch Association of Corporate Treasurers), Bart-Jan Roelofsz is mainly known as group treasurer and insurance manager at Endemol Shine.
This entertainment group is the result of a merger between Endemol and Shine. The merger means that the Shine companies have now adopted Endemol’s holistic approach to risk management. But what does that mean in practice? We asked Bart-Jan to explain.
Savings as a source of financing
For banks, using variable savings as a source of financing differs fundamentally from ‘professional’ sources of financing. What risks are involved and how do you determine the return?