A decent piece from AON covering influences of Solvency II (amongst other similarly flavoured risk-based capital regulatory influences), IFRS, and ratings agency criteria for ERM on capital allocation strategies.
Some (surely sympathetically sampled) stats are included on how ratings strength will be more important than Solvency ratios - remains to be seen which measures are preferred for economic capital measurement for those who don't necessarily want or need to chase ratings agency favour.
Also includes country specific details on ORSA in the US, Risk based capital in Asia and Latin America, and references the AM Best supplemental rating questionnaire for ERM, which sounds like there might be some merits in reading
An online repository for Solvency II, ERM and Corporate Governance material and comment from the Principal of Governance Matters, an independent Risk Consultancy firm based on the Isle of Man.
No comments:
Post a Comment