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There are 68,940 results that match your search.68,940 results
  • PRA’s Solvency II guidelines met with caution
    UK insurers have responded cautiously to draft guidelines from the Prudential Regulation Authority (PRA) setting out how the regulator expects them to act as they comply with Europe's new Solvency II capital regime.
    28 October 2013
  • FCA set to be granted new powers to enforce competition laws
    The Financial Conduct Authority (FCA) drew one step closer to gaining new powers to regulate competition laws in the UK financial services sector after an amendment to an existing bill passed the House of Lords committee stage.
    28 October 2013
  • DC metro authority settles with Aon over 2009 crash
    The authority that runs the Washington DC metro has reached an undisclosed out-of-court settlement with Aon over a 2009 metro crash that killed nine people.
    28 October 2013
  • Scor takes French rival CCR to Europe over monopoly
    Scor CEO Denis Kessler has lashed out at France's state carrier Caisse Centrale de Reassurance (CCR) ahead of filing a complaint with the European Commission, as he bids to break down what he called its "quasi-monopoly".
    28 October 2013
  • Countrywide Financial guilty of fraud
    Bank of America subsidiary Countrywide Financial has been found guilty of defrauding Fannie Mae and Freddie Mac in a prosecution which could see the bank hit with a fine of up to $848mn.
    28 October 2013
  • AlphaCat takes $15.6mn Q3 cat loss as profit shrinks
    Validus's reinsurance fund manager AlphaCat Managers made an underwriting profit of $11.9mn in the third quarter despite taking a $15.6mn catastrophe-related hit.
    28 October 2013
  • Noonan: alternative capital has temporarily plateaued
    Intense competition for limited property catastrophe risk has started to deter fresh alternative capital from entering the reinsurance sector, Validus CEO Ed Noonan told The Insurance Insider.
    28 October 2013
  • Catlin bulks up Galileo cat bond to $300mn
    UK-listed (re)insurer Catlin is set to close its Galileo Re cat bond 70 percent above its initial target at $300mn, as pricing on the deal settled below initial forecasts.
    28 October 2013
  • Everest raises $91mn; on target to reach Mt Logan peak
    Everest Re president Dominic Addesso said the company is on track to meet its $250mn target for its Mt Logan Re sidecar by year-end, after the vehicle began writing premiums in the third quarter.
    28 October 2013
  • FASB accounting changes: A solution in search of a problem?
    US-listed insurers are digesting proposed new accounting rules expected to come into force by 2018, which critics say could make the industry less profitable and its financial statements harder to understand.
    28 October 2013
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