Nordic Liability Valuation: Danish lessons prove tricky to understand.

While pension capital managers in the Netherlands and Sweden sweat above the likely supply problems and after deterioration in prices, pension capitals and life insurance companies in Denmark are sitting bonny They have been marking their liabilities to market since 2001 and, despite having to subjugate their own separate issues as a flow of the calculation change, their Swedish neighbours could learn plenteous from their experiences.

For instance, there is likely to be great change for Swedish pension stocks and life and pension companies if last year's SOU 2003:84 Modernised Solvency a whole for Insurance Undertakings proposal is enacted. A stir ...