02/13 - The Actuary - January / February 2013

Features:

• Interview: Gabriel Bernardino - Nick Mann in discussion with the man at the centre of the wholesale overhaul of Europe's pensions and insurance regulation and supervision
• Modelling: Power of long memory - Faisal Zai explains how long-term memory methods can better explain extended periods of market depression than standard econometric methods in common use today
• Solvency II: Rise to the challenge - Radu Popescu explores whether insurers can learn from investment bankers in the application of profit and loss attribution under Solvency II
• Environment: A finite world - Dr Aled Jones looks at the impact of resource constraints on economic growth
• Environment: Carbon omissions - Can insurers overcome the constraints that come with carbon capture, asks Chris Gingell
• Spotlight: Climate change - Yves Guerard reports on the new Actuarial Climate Risk Index