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Milliman Isle of Man Breakfast Briefing 14 November 201912 November 2019 - By Rob Frize and Patrick Meghen and Mike Claffey - Article

This briefing discusses Irish SFCRs in 2017 and 2018 and ORSA processes and outcomes.

ORSA: The Irish experience15 May 2018 - By Mike Claffey and Eoin King - Article

The Isle of Man regulator is consulting with industry on introducing the ORSA as a new regulatory tool for local insurance and reinsurance companies. In May 2018 Mike Claffey and Eoin King presented to the Manx Actuarial Society on the Irish experience of the ORSA under Solvency II.

Siena Protocol Update07 December 2017 - By Sarah Keane and Mike Claffey and Patrick Meghen - Article

EIOPA has published new rules, setting out how Supervisory Authorities should work together, in the latest version of what was originally referred to as the “Siena Protocol”. This briefing note discusses these updates.

Ultimate Forward Rate: Revised EIOPA methodology21 April 2017 - By Aisling Barrett and Mike Claffey and Andrew Gilchrist and Thomas Bulpitt - Article

In April 2017, EIOPA published its final decision on the methodology for the annual calculation of the Ultimate Forward Rate for each currency. This briefing notes summarises the key features of the final methodology and the changes made to proposals set out in the Consultation Paper CP16/03 in April 2016.

Breakfast Briefing 23: What did we learn over year-end 2016?30 March 2017 - By Mike Claffey - Article

Mike Claffey recaps some of the main themes and topics that companies faced during year-end 2016.

Breakfast Briefing December 2016: Preparing for year-end 201613 December 2016 - By Andrew Kay and Mike Claffey - Article

Mike Claffey, Andrew Kay and Ramona Dolan talk about preparing for year-end 2016.

Milliman Solvency II Pillar 3 Survey20 September 2016 - By Mike Claffey - Article

Milliman undertook a survey of Irish (re)insurance companies to understand their experience to date with the Pillar 3 requirements, to identify the key challenges faced by (re)insurers and to gauge the level of work required to meet the first annual reporting requirements in May 2017.

Life insurance industry still on the up30 October 2015 - By Gillian Tucker and Mike Claffey - Article

In 2014, there was life insurance premium income of €35 billion and total assets of €194 billion.

Unit-linked governance: Regulatory expectations18 September 2015 - By Mike Claffey and Patrick Meghen - Article

This briefing note summarises some of the common themes and issues regarding unit pricing practices across three regulatory reviews.

Assessing the appropriateness of the Standard Formula: Survey results August 201507 August 2015 - By Bridget MacDonnell and Andrew Kay and Mike Claffey - Article

The standard formula is expected to be appropriate for many companies, but the work in carrying out this assessment should not be underestimated.

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