Investment challenges in the European Insurance sector
Standard Life Investments recently commissioned an Insurance survey to examine the current challenges within the European insurance sector from an investment management perspective and bringing in considerations now that Solvency II is live. The survey was very comprehensive, covering 60 of Europe’s largest insurers and approximately one third of Europe’s total insurance assets. In this session, we will bring you through the results of the survey, which present a clear picture of the challenges facing the European insurance sector, including the low return environment, greater outsourcing of asset management and regulatory modernisation and change
******* THERE IS NO PODCAST AVAILABLE FROM THIS MEETING ****************
Craig Turnbull:
Craig joined Standard Life Investments in March 2015 after a fifteen-year career at Barrie & Hibbert (part of Moody’s Analytics from 2012). At B&H, he was Head of Research and Advisory, overseeing industry-leading work in insurance asset-liability modelling, economic capital, Solvency II and the hedging of insurance liabilities. At SLI, Craig leads the Insurance Solutions team, which works closely with Standard Life Investment’s global insurance client group to support their insurance asset management requirements.
Craig is a Fellow of the Institute of Actuaries. In 2013, he was awarded the Institute of Actuaries’ Peter Clark Prize for best actuarial research paper.
Iain Forrester:
Iain joined Standard Life Investments in May 2015, bringing substantial insurance and Solvency II experience from his 13 years within Standard Life Group. At SL Group, he was Head of Asset-Liability Management for its UK and European business, with responsibilities including the development and implementation of ALM and investment strategy for with profits business, annuity portfolios, and surplus funds. Iain’s past roles have included asset and investment reporting, development of internal model (ICA) calibrations, and with profits management.