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Part 3: Long-term investment and updates to the Delegated Regulation13 May 2019 - By Karl Murray and Eamonn Phelan - Article

In the third and final edition, we analyse elements of the Standard Formula review that took place across 2018 with the EC publishing its final amendments to the Delegated Regulations in March 2019.

Milliman Data Science Survey20 March 2019 - By Eamonn Phelan and Karl Murray and Gillian Tucker and Eamon Comerford - Article

Life and health insurers and reinsurers are taking a growing interest in data science.

The 2020 Solvency II Review and update on earlier amendments06 March 2019 - By Karl Murray and Eoin King - Article

This briefing note sets out the areas covered by the European Commission’s latest request for the 2020 review of the whole Solvency II framework.

Solvency II under review: Extrapolation of the risk-free rate curve21 February 2019 - By Karl Murray and Eamonn Phelan and Bridget MacDonnell - Article

In the opening edition, we firstly revisit the rules in specifying the risk-free rate term structure, which forms a fundamental part of the calculation of Technical Provisions (TPs).

Solvency II under review: Revisiting the Volatility Adjustment - A sometimes overlooked risk mitigant21 February 2019 - By Karl Murray and Eamonn Phelan - Article

In the second edition, we will look at another fundamental part of the specification of risk-free rates used in liability valuation, the Volatility Adjustment (VA).

Developments in conduct standards for financial services firms03 August 2018 - By Karl Murray and Eamonn Phelan - Article

In this briefing note, we summarise the Central Bank of Ireland’s planned reforms, which are relevant to both domestic and cross-border insurers.

EIOPA thematic review on the use of big data01 August 2018 - By Eamon Comerford and Karl Murray and Eamonn Phelan - Article

In this briefing note, we summarise the European Insurance and Occupational Pensions Authority’s recent work on big data, including its launch of an industry survey as part of the thematic review.

Global developments in conduct risk management06 December 2017 - By Karl Murray and Eamonn Phelan - Article

Conduct risk management is still evolving, and this paper looks at recent and ongoing developments from around the globe.

Guidelines on the PRIIPs Level 1 Regulation12 July 2017 - By Karl Murray and Patrick Meghen - Article

On 4 July 2017, the European Commission (EC) published its guidelines on the application of the PRIIPs Level 1 Regulations. This briefing note contains a summary of the main points from this guidance.

End-user computing (EUC) governance06 July 2017 - By Barry Murphy and Karl Murray and Eamonn Phelan - Article

Manual models and processes are sometimes unavoidable; thus, where these are present in a reporting framework, (re)insurers should take care to ensure that sufficient controls and governance are in place to mitigate the risks associated with such models.


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