Investment - Articles - Can Solvency II asset look-through present opportunities?


For Asset Managers and Life Insurers alike, the application of asset look-through for investment funds held by insurers is an important consideration, which will come into effect in January 2016.

 For Life Insurers, look-through is not optional. Under Solvency II they have a ‘know your assets’ requirement on an economic substance basis ie irrespective of whether assets are held directly or indirectly through Collective Investment Undertakings (CIUs). Their Solvency Capital Requirement (SCR) computation is also based on look-though data. However asset look-through shouldn’t be viewed as a compliance headache: it will provide new information for life insurers, and by deploying the right technology to facilitate these mandatory requirements insurers can actually serve to benefit their compliance, risk and operational functions.
 
 For Asset Managers the impact is different. As generators of look-through data, how it is provided can be approached in 2 different ways: A strategic opportunity for the asset manager or a minimum-work-approach to meeting a new regulatory requirement for their clients. Without a doubt, those unable to facilitate the provision of look-through risk losing their mandates from insurers. But for those Asset Managers offering top service and utilising dedicated technology tools to provide the required asset data, opportunity exists to win more and new mandates.
 
 A new report from Financial Risk Solutions (FRS) examines these challenges and practical issues around look-through asset reporting for both Life Insurers and Asset Managers. It also looks beyond the mandatory application of technology to consider how the right software and systems can transform these challenges and issues into enterprise-wide opportunities for both types of organisations.
  
 This single document contains all the key information relating to Solvency II look-through, traversing the regulators, Life Companies and Asset Managers, and can be accessed below
  

Back to Index


Similar News to this Story

Legal and General acquires MyFutureNow
Legal & General Retail Retirement (LGRR) has, for an undisclosed price, purchased a 100% stake in Finovation Limited, trading as MyFutureNow, which sp
ILS market slow to return to normal
The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, with just below $1.7 billion of non-life ILS capacit
AXA and GoCompare partner to cover excess for motorists
AXA Partners has announced a new partnership with GoCompare, to offer excess cover to qualifying customers, when they purchase car insurance through t

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.