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  1. Nigel Wilson: industry must take lead in shaping new products

    Engagement with policy-makers vital, says L we have to get involved," he said. Wilson also said the tenets of behavioural economics should be applied by the government and industry to incentivise private savings by individuals.

  2. FSB delays designation of systemic reinsurers

    IAIS assessment methodology under fire again for lack of clarity The Financial Stability Board (FSB) has postponed the designation of global systemically important reinsurers, with regulators suggesting that worries about the assessment methodology...

  3. PRA: internal model insurers need a ‘plan B’

    Firms must prepare in case their models are rejected, says regulator UK supervisor the Prudential Regulation Authority (PRA) is urging internal model insurers to develop contingency plans in case their model submissions fail to secure supervisory...

  4. Industry picks holes in BCR proposals

    IAIS seeking a middle way on insurance capital rules The Rorschach test is a psychological assessment where individuals’ interpretations of inkblots are assessed to tease out personality characteristics and emotional processes.