Thu, Jul 2, 2015
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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  3. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  4. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  5. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

 

banner