Tag Archive for Illiquidity Premium

On the role of the liquidity premium in the regulation of insurers

Simˈpōzēəm The following White Paper was prepared by Christian Laux at the Center for Financial Studies for a “Workshop on Liquidity Premium in Solvency II: Conceptual and Measurement Issues,” at DNB Amsterdam in March 2011. Although the proposal to introduce a “liquidity premium” in Solvency II has been updated, the discussion of the concept of a…

Solvency II News: Omnibus II update, ESRB warning

Omnibus II trialogue update Three more trialogues on the Omnibus II Directive are planned for June – two technical trialogues (12 & 18 June) and a final political trialogue on 20 June. The Danish Presidency has reiterated its commitment to reach an agreement during its term. A spokesperson told Solvency II Wire, “All parties have the best…

Solvency II news: 31 March 2011

Contents: global insurance supervision, illiquidity premium criticized, standard model, banks v insurers on bonds II Tottering toward global insurance supervision A lack of consistency in global regulation is costing the insurance industry an extra $25 billion a year. The FT reports that the figure, calculated by KPMG, highlights the differences in international regulation between the…