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

Call to delay Sustainability Disclosure Requirement rules
PIMFA has called on the Financial Conduct Authority (FCA) to delay the deadline for the implementation of Sustainability Disclosure Requirements (SDR)
Rothesay secures buyin with The Medical Protection Society
£125m full scheme buy-in insures all members of the MPS Pension Scheme. Transaction secures the benefits of over 600 policyholders – 174 pensioners an
Global MGAs and MGUs value of revenues
In 2023, revenues earned globally by MGAs, MGUs and cover-holders surged to around USD 23.9 billion. The combined market share of the top five groups

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.