Wed, Sep 3, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

A third of surveyed insurers say they will increase allocation to alternatives in the wake of Solvency II

Wednesday, March 07, 2012

Benedicte Gravrand, Opalesque Geneva: As European insurers are scrambling ahead of the implementation of Solvency II, a new EU directive, BlackRock commissioned a report on the effect of Solvency II on asset allocation and investment strategy, which was written by the Economist Intelligence Unit last month.

The report found, among other things, there is a degree of discrepancy between market perception and what insurers think, "particularly in relation to use of alternatives and their levels of preparedness for Solvency II governance and disclosure requirements." It also found that alternatives such as hedge funds and private equity will benefit from the new requirements.

Solvency II is a fundamental review of the capital adequacy regime for the European insurance industry, which means that all EU/EEA countries will be united by a single set of rules governing what constitutes an acceptable level of insurer creditworthiness. This EU Directive should come into effect on 1 January 2014.

There are uncertainties as to whether the date of implementation will be pushed back a year, says the BlackRock report (Balancing risk, return and capital requirements),......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius