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    Moody's Analytics Insights

    Moody's Analytics Insights

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    Fast Projection of Reserve and Capital Requirements with Proxy Functions

    An emerging business requirement for North American insurers is the ability to project forward stochastic reserve and capital requirements under various planning scenarios to a specific future date. In this paper we consider applying proxy functions to this task, using function fitting techniques described in our previous research paper Fitting Proxy Functions for Conditional Tail Expectation: Comparison of Methods.

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    Insight, IFRS 17, and Innovative Technologies - Drivers of Change in the Insurance Industry

    Performance optimization through business insight, dealing with IFRS 17 in a post-Solvency II world, and the challenges associated with stress testing for insurance firms in the US. These were the focus areas for Moody's Analytics at this year's Moody's Insurance Summits in London and New York.

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    Insurance Regulatory Insight Newsletter - November/December 2016

    Coverage this month includes the International Monetary Fund (IMF) recent Article IV on consultation with Chile, are encouraging institutional investors to give preference to investing in companies with good governance standards. The Australian Prudential Regulation Authority (APRA) has highlighted sustainability as a key theme in its submission to a Parliamentary Committee enquiry into the life insurance industry. While APRA has not included sustainability in regulation, the knowledge that they are interested in it might have an influence on insurers' activities. The United States Federal Insurance Office, published its fourth report on the insurance industry, and its first report on the protection of consumers and access to insurance.

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    Insurance Regulatory Insight Newsletter - October/November 2016

    Coverage this month includes an article from the Secretary General of the International Association of Insurance Supervisors (IAIS) which directly addresses the suggestion that a global unified risk-based insurance capital standard is not a realistic goal given the existing divergent approaches. A speech by Verena Ross of the European Securities and Monetary Authority, one theme of the speech is regulators need for high quality data. The UK's Prudential Regulation Authority's (PRA) thinking about insurers using an internal model to calculate their required capital. The PRA is concerned that the output of an insurers internal model may drift, or evolve, over time to become a weaker capital measure.

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    The Next Wave – Implementing a well-designed Internal Model

    Institutions are transforming their analytic capabilities to move beyond static reports that explain what happened in the past, to more modern analytics that can explain why an event occurred and what is likely to happen in the future.