| Description |
1 online resource (541 p.) |
| Series |
Chapman and Hall/CRC Financial Mathematics Series |
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Chapman and Hall/CRC Financial Mathematics Series
|
| Contents |
Cover -- Half Title -- Series Information -- Title Page -- Copyright Page -- Author Bios -- Table of Contents -- Introduction -- Chapter 1 The Transformation of the Risk Appetite for Sustainable Savings and Retirement Policies -- 1.1 The Transformation of the Insurance Business Over the Past Decade -- 1.1.1 Medium- to Long-Term Shifts in Customers' Longevity, Risk Appetites and Behaviours Create Opportunities and Challenges for Insurers, While Decreasing Tax Benefit Calls for Innovations -- 1.1.1.1 The Demographic Dividend Within Ageing Societies |
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1.1.1.2 Customers' Risk Appetite and Behaviours Have Become More "Efficient" With Respect to Increasingly Defined Needs and Rising Costs Versus Reduced State Expenditures On Pensions -- 1.1.1.3 Sustainability Offers a Historic Opportunity to Lead, Innovate and Grow Purposefully -- 1.1.2 Key Lessons From the 2008 Financial Crisis and the Persistently Low Interest Rates Environment Regarding Sustainability -- 1.1.2.1 The 2008 Financial Crisis Was a Stress Test |
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1.1.2.2 High Market Uncertainties and Persistently Low Interest Rates Have Had a Drastically Negative Impact On the Sustainability of Savings and Retirement Products -- 1.1.3 In-Force Management Opportunities and Challenges: a Strategic Asset for Sustainable Savings and Retirement -- 1.1.3.1 Assess and Prioritize Opportunities for Earnings, Value and Capital Enhancements -- 1.1.3.2 Better Understand Customers' Retention Drivers and Tailor Interactions to Improve Portfolio Profitability -- 1.1.3.3 Manage In-Force Assets to Enhance Their Resilience to Lower Interest Rates and Yields |
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1.1.3.4 Manage In-Force Portfolio Liabilities to Enhance the Runoff Value -- 1.2 Securing Long-Term Sustainable Business Growth: From Governance to Effective Risk Management -- 1.2.1 Risk Is Embedded Within the Insurer's Business Model -- 1.2.2 From Risk as a Constraint to a Culture: Risk Management as Sustainable Business Partner and Risk Factor Control -- 1.2.3 From Prudential Regulation Frameworks to Effective Sustainable Insurance Risk Management -- 1.2.3.1 Why Do We Need Regulation? |
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1.2.3.2 The Structure of Capital Requirement Prudential Regulation: Focus On the European Solvency II Framework -- 1.2.3.3 From Regulation Concept to Sustainable Corporate Risk Management Practices: Enterprise Risk Management (ERM) -- 1.2.4 Effective Sustainable Insurance Risk Management Implementation -- 1.2.4.1 Sustainable Operational Risk Management -- 1.2.4.2 The Product Approval Process for Sustainable Savings and Retirement -- 1.2.4.3 The Risk Appetite Framework for Sustainable Savings and Retirement -- Chapter 2 Product Risk Appetite for Sustainable Savings and Retirement |
| Notes |
Description based upon print version of record |
|
2.1 The Increasingly Selective Customer Risk Appetite Across the Four Axes: Yields/Flexibility/Financial Guarantees/Cost |
| Form |
Electronic book
|
| Author |
Goudenège, Ludovic
|
|
Xiaolu, Tan
|
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Saad, Mouti
|
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Bellmane, Mounir
|
| ISBN |
9781000876291 |
|
1000876292 |
|
