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RAA praises US/EU Solvency II talks

The Reinsurance Association of America (RAA) has said it was "encouraged" by proposed talks between the US Treasury and the European Union over a covered agreement once Solvency II comes into force.

Dan Ascher, 24 November 2015
Talanx receives internal model approval

German insurance group Talanx has received approval for its internal model from domestic regulator the Federal Financial Supervisory Authority (BaFin).

Charlie Thomas, 23 November 2015
The Insider 30

Share price data on The Insurance Insider's universe of P&C (re)insurers

23 November 2015
Universal shares slump

In a week when The Insider 30 companies traded broadly in line with leading stock indices, Florida homeowners’ insurer Universal was a dramatic outlier as its shares slumped after it was identified as an attractive short opportunity.

David Bull, 23 November 2015
NYU sues FM Global over $1.5bn Sandy claim

New York University (NYU) is suing FM Global after it did not cover a $1.47bn loss when a number of buildings were rendered unusable by Superstorm Sandy.

Dan Ascher, 23 November 2015
Icahn threatens to push for removal of AIG CEO

Activist investor Carl Icahn has said that he will hold a consent solicitation for American International Group (AIG) shareholders, giving them the opportunity to support his plan to break up the company

Adam McNestrie, 23 November 2015
AIG may be forced to defend Bill Cosby

American International Group (AIG) may be forced to defend actor and comedian Bill Cosby in a string of suits that have followed allegations of rape dating back 40 years.

Dan Ascher, 23 November 2015
PwC anticipates clarification on UK ILS plans

Further details on the work being done to bring insurance-linked securities (ILS) business to the UK are expected to be unveiled in this week’s Autumn Statement, according to PwC.

Winifred Okocha, 23 November 2015
Syndicate forecasts brighten for 2013/14

Profit forecasts for Names-backed Lloyd’s syndicates improved in the third quarter for both the 2013 and 2014 years of account (YoA).

Catrin Shi, 23 November 2015
Generali reinsurance operations behind G-SII removal: S&P

Standard & Poor’s (S&P) has said Generali’s disposal of its life reinsurance operations in the US could explain why it is no longer being considered a global systemically important insurer (G-SII).

Winifred Okocha, 23 November 2015

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