Following the FSA's recent update on insurers' Risk and Capital Management, we have produced a short point of view article highlighting the key considerations for insurance firms of different sizes and the areas they need to assess in the light of the FSA's briefing.

The FSA focuses on some important aspects of risk management and capital modelling.  While some of these aspects require particular attention in current market conditions and for certain lines of business, most have wider relevance both to the ICAS regime and looking ahead to Solvency II.

We look in particular at:

• Integrating risk and capital management
• Managing risk in less benign market conditions
• Stress and scenario testing
• Valuation of liabilities and widening bond spreads

For further information, download our publication Insurance Market Update: Breaking news (PDF, 329 KB)

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