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Regulatory parochialism on rise: Benchimol
The regulatory landscape has become more parochial since the financial crisis, CEO and president of Axis Capital Albert Benchimol said at the 50th annual seminar of the International Insurance Society last week.
30 June 2014
LMG outlines key London market research
The London Market Group (LMG) last week announced it was commissioning major research into the London insurance market to provide a factual basis for its future strategy.
30 June 2014
(Re)insurers have lost Sifi debate: Kessler
(Re)insurers have failed to convince the Financial Stability Board they should not be considered systemically important financial institutions (Sifis), according to Scor chief executive Denis Kessler.
30 June 2014
Greenberg defamation lawsuit to proceed
Maurice "Hank" Greenberg's defamation suit against former New York attorney general Eliot Spitzer moved closer to trial last week, despite several allegations being dismissed.
30 June 2014
Lexington spars over $22mn Sandy deductible
A legal dispute between AIG subsidiary Lexington Insurance and retailer Wakefern Food Corporation over a claim arising from Superstorm Sandy continued last week as the two sides argued over whether Sandy met the US National Weather Service (NWS)'s definition of a "named storm".
30 June 2014
Halliburton ruling could change D&O coverage
A US Supreme Court ruling last week modifying procedures in securities class action lawsuits could prompt a reshaping of directors' and officers' (D&O) coverage, market observers have advised
30 June 2014
Noonan dismisses US commercial insurance pricing fears
Much of the commentary on the US commercial P&C insurance market in 2014 has focused on concerns about the sustainability of attractive pricing.
30 June 2014
Industrialised markets weigh on premium growth: Swiss Re
Worldwide insurance sales growth slowed last year, with stagnation in the industrialised world partly offsetting continued strong expansion in emerging markets, according to the latest Swiss Re Sigma world premiums study.
30 June 2014
Western World to provide Validus with US growth platform
By Validus's standards its successful pursuit of Western World looks to have been relatively straightforward and pain-free.
30 June 2014
Investors to get closer to risks
Investors in the insurance-linked securities (ILS) sector are likely to get increasingly close to underwriters and cedants, according to panellists at the International Insurance Society's 50th annual seminar on 24 June.
30 June 2014
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