Insight
Deterministic vs. Stochastic models: A guide to forecasting for pension plan sponsors
The results of a stochastic forecast can lead to a significant increase in understanding of the risk and volatility facing a plan compared to other models.
COVID-19: What have we learnt from SFCRs of UK life insurers
15 July 2020
On 20 March 2020, the European Insurance and Occupational Pension Authority published its recommendations on the implications of COVID-19 for supervisory reporting and financial disclosure, and following this on 23 March, the Prudential Regulation Authority published its own recommendations. This article reviews the Solvency and Financial Condition Reports recently published by major life insurers in the United Kingdom to examine the disclosures made on the impact of COVID-19.
Explore more tags from this article
About the Author(s)
INSIGHT
Related Milliman Insight
COVID-19: What have we learnt from SFCRs of UK life insurers
This article reviews the Solvency and Financial Condition Reports recently published by major life insurers in the United Kingdom to examine the disclosures made on the impact of COVID-19.
Paul Fulcher, Sihong Zhu, Samuel Burgess