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  • The European Parliament has postponed a key vote on the proposed Solvency II capital regime for insurers from October to 11 March 2014
  • A panel of UK lawmakers has delayed the publication of a list of insurers and other firms that used rogue private investigators to illegally gather information about their customers until next month at the earliest.
  • The UK's Prudential Regulation Authority (PRA), the branch of the Bank of England responsible for monitoring the stability of the financial system, is scrutinising the burgeoning insurance-linked securities (ILS) market amid concerns it could allow insurers to transfer risk too cheaply.
  • Benjamin Lawsky, the increasingly activist New York financial services superintendent, has threatened to pull New York out of the state-wide system of life insurance regulation outlined by the National Association of Insurance Commissioners (NAIC).
  • Congressman Bill Cassidy has called a group of ILS experts together to look into whether US flood risk could be transferred to the capital markets via catastrophe bonds
  • An upswing in interest rates and yields from other asset classes is less likely to affect investor demand for insurance-linked securities (ILS) than continued rate softening, Leadenhall Capital Partners CEO Luca Albertini said.
  • PCS and the Cayman Islands Stock Exchange are working towards listing industry loss warranty (ILW) products based on the agency's catastrophe loss data, company representatives told Trading Risk at the Monte Carlo Reinsurance Rendez-Vous.
  • There was no threatening storm in the Atlantic and the agenda was set well before the mid-year US cat renewals, but that did not prevent the 2013 Monte Carlo Rendez-Vous from being a little livelier than it has been in recent years.
  • Collateralised reinsurance writer AQR Re will close its London office from 2014, sister publication Trading Risk revealed during last week\'s Monte Carlo Rendez-Vous.
  • A mere five years after the collapse of Lehman Brothers and the effective closure of the capital markets, P&C reinsurers are being repeatedly warned to either adapt to the alternative capital influx or face becoming irrelevant