Posts Tagged ‘Frank Achtert’



October 24th, 2018

Accounting Changes Impacting the Reinsurance Landscape - GC@BB Commentary

Posted at 9:00 AM ET

achtert_blende11_s hettinger_cropped3lightfoot_david_300x300Frank Achtert, Head of Capital Optimization, EMEA; Tom Hettinger, Strategic Advisory Leader, U.S./Canada; David Lightfoot, Head of Global Strategic Advisory – Asia Pacific and Latin America

Contact

  • With IFRS 17, reinsurance for managing capital KPIs needs to be different in type/scale
  • Users of internal capital models must ensure flexibility of underlying simulation platform
  • Accounting for reinsurance contracts separate from underlying contracts

Continue reading…

September 11th, 2018

Accounting Changes Impacting the Reinsurance Landscape - GC@MC Commentary

Posted at 1:00 AM ET

achtert_blende11_s hettinger_cropped3lightfoot_david_300x300Frank Achtert, Head of Capital Optimization, EMEA; Tom Hettinger, Strategic Advisory Leader, U.S./Canada; David Lightfoot, Head of Global Strategic Advisory – Asia Pacific and Latin America

Contact

  • With IFRS 17, reinsurance for managing capital KPIs needs to be different in type/scale
  • Users of internal capital models must ensure flexibility of underlying simulation platform
  • Accounting for reinsurance contracts separate from underlying contracts Continue reading…
July 9th, 2018

Guy Carpenter Advises Gothaer on the Transfer of Its Gothaer Re Run-off portfolio

Posted at 2:00 AM ET

Guy Carpenter announced that it acted as the sole transactional advisor on the successful transfer of the reinsurance portfolio of Gothaer Group (Gothaer) which has been in run-off since Gothaer Re ceased trading in 2004.

Continue reading…

July 25th, 2016

Benchmarks for Enterprise Risk Management Disclosures

Posted at 1:00 AM ET

Here we present GC Capital Ideas’ stories on analyses of enterprise risk management disclosures. A 2014 study updated the analysis done in 2009, one of our most popular stories. The full briefings are attached.

Continue reading…

September 14th, 2015

Solvency II Horizon: Challenges and Strategic Impact

Posted at 10:30 PM ET

frank-achtert-sm1markus-mueller-sm-2015Frank Achtert, Managing Director, and Markus Mueller, Senior Vice President, GC Strategic Advisory℠

Contact

After a long period of discussion and many delays, the new European insurance regulatory regime, Solvency II, will commence in January 2016. The rules will be compulsory for all insurance and reinsurance companies and groups in the European Economic Area. The Solvency II rules were developed over a period of more than 15 years, and there are many reasons for the long delay. Two notable reasons are differing business models from country to country and pressure on long-term guarantee products in the private pension system created by the low interest rate environment.

Continue reading…

September 14th, 2015

Changing Regulatory Landscape, Capital Requirements Will Impact (Re)Insurers’ Balance Sheets, Guy Carpenter Reports

Posted at 9:30 PM ET

regulatory-web-image-1-smGuy Carpenter today published a new report analyzing the changing regulatory landscape and the highly anticipated implementation of Solvency II. 

Continue reading…

July 8th, 2015

Benchmarks for Enterprise Risk Management Disclosures

Posted at 1:00 AM ET

Here we present GC Capital Ideas’ stories on analyses of enterprise risk management disclosures. A 2014 study updated the analysis done in 2009, one of our most popular stories. The full briefings are attached.

Continue reading…

May 26th, 2015

Benchmarks for Enterprise Risk Management Disclosures

Posted at 1:00 AM ET

Here we present GC Capital Ideas’ stories on analyses of enterprise risk management disclosures. A 2014 study updated the analysis done in 2009, one of our most popular stories. The full briefings are attached.

Continue reading…

January 5th, 2015

GC Securities* Completes First Ever Swiss Franc-Denominated Private Catastrophe Bond (“Gurten”) Benefitting Gebäudeversicherung Bern

Posted at 10:30 PM ET

GC Securities, a division of MMC Securities Corp., a U.S. registered broker-dealer and member FINRA/NFA/SIPC, today announced the Regulation S placement of Principal At-Risk Variable Rate Notes (”Notes”) due January 15, 2016, with notional principal at CHF70,000,000 through Kaith Re Ltd., to benefit Gebäudeversicherung Bern (”GVB”). This is the first ever Swiss franc-denominated catastrophe bond and the first time that GVB has utilized the cat bond market to manage its risks.

Continue reading…