![]() |
Insurance Europe welcomed the FSB’s work and specifically its assessment of the unintended impacts of financial regulation. It reiterated that this kind of analysis should also be done before regulation is implemented, not just afterwards. |
Regarding Solvency II, while more tailored capital requirements for qualifying infrastructure assets were very much needed and welcomed, the necessary work for assessing whether a specific infrastructure asset qualifies for tailored prudential treatment is often unnecessarily extensive and resource-intensive. Regarding potential barriers in prudential regulation to long-term investment, Insurance Europe warned that both the measurement of assets/liabilities and capital requirements can damage long-term investment, including in infrastructure. Therefore, any assessment of potential consequences should look at both areas. A consistent accounting treatment for both assets and liabilities is key to appropriately measuring and supporting insurers’ long-term business model and investments. Therefore, the industry welcomes the alignment between the effective date of International Financial Reporting Standard (IFRS) 9 — Financial instruments — and IFRS 17 — Insurance contracts — for insurers, which is mentioned in the FSB paper.
In addition, the limited supply of suitable infrastructure assets remains a key concern for the European insurance industry and a key barrier to more investment. |
|
|
|
Calling all BPA analysts! | ||
North West / hybrid 50/50 - Negotiable |
Principal Actuary - Bermuda | ||
Bermuda - Negotiable |
Financial Planning & Analysis Actuary | ||
London/Hybrid - Negotiable |
Apply Your Doctorate to Technical Pri... | ||
Fully remote / nationwide / hybrid working options all available - Negotiable |
Senior Investment Manager | ||
London / hybrid - Negotiable |
P&C Consultant | ||
London / hybrid 3dpw office-based - Negotiable |
Senior Pricing Actuary | ||
London - £140,000 Per Annum |
Actuarial Pensions Manager | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
Financial Reporting in beautiful Bermuda | ||
Bermuda - Negotiable |
Principal Risk Analyst - island adven... | ||
Bermuda - Negotiable |
Make a difference within BPA Administ... | ||
North West / hybrid 50/50 - Negotiable |
GI Provisioning in the Public Sector | ||
London or Edinburgh / hybrid 3 dpw office-based - Negotiable |
Associate Actuary - Risk Transfer Con... | ||
Flex / hybrid 50/50 - Negotiable |
Assumptions Actuary | ||
London/Hybrid - Negotiable |
Senior Actuary | ||
London/Hybrid - Negotiable |
Senior Investment Trainee | ||
London or Edinburgh / hybrid 50/50 - Negotiable |
Pensions Manager | ||
Any UK office / hybrid 2 dpw office-based - Negotiable |
Actuarial Reserving Senior Manager | ||
London / hybrid - Negotiable |
Senior Actuarial Consultant – GMPe | ||
Any UK Office location / Hybrid working - Negotiable |
Senior Life Actuarial Consultant | ||
London / hybrid 3 dpw office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.