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Falling cat rates a long-term industry trend
Falling catastrophe rates are a long-term secular trend rather than a short-term cycle phenomenon, said Nephila Capital co-founder Frank Majors during a panel discussion at the ILS Bermuda Convergence 2013 conference last week.
18 November 2013
NAIC moves closer to Solvency II equivalency
The National Association of Insurance Commissioners (NAIC) has adopted legislation outlining the Own Risk and Solvency Assessment (ORSA) for US insurers, a key element in modernising regulation in the US.
17 September 2012
Diversification responsible for low valuations
The dominant post-Katrina strategy of diversification has to be jettisoned if reinsurers want to leave behind the discounted trading multiples that have been dogging the industry for years, PricewaterhouseCoopers has said.
11 September 2011
Survey highlights growing SII pressures on legacy books
Pressures from the forthcoming Solvency II regime are putting an increased focus on discontinued lines, according to respondents to a PricewaterhouseCoopers' (PwC) survey on discontinued insurance business in Europe.
19 September 2011
ILS market at inflection point but still room for growth
The ILS market has reached an inflection point in its growth but is still on track to keep expanding, Nephila Capital co-founder Frank Majors said in a panel discussion at the ILS Bermuda Convergence 2013 conference today.
14 November 2013
Life insurers expected to be majority of ‘too big to fail’ candidates
Regulators from the G20 countries will this month unveil a list of insurers deemed "too big to fail", which will face tighter regulation and capital surcharges to limit the economic fallout if they go bust.
15 July 2013
RFIB appoints former Benfield exec as finance head
Independent London-headquartered broker RFIB has appointed former Benfield finance executive Nick Moss as finance director.
31 January 2013
Highlands clearance
The winding up of insolvent UK insurer Highlands Insurance Company (HUK)'s liabilities moved within sight last month after cedant creditors agreed to a scheme of arrangement's terms.
04 October 2011
Final dividend announced for USI
The process for agreeing all claims for the United Standard Insurance Company Ltd (USI)'s scheme of arrangement has been completed, according to scheme administrators PricewaterhouseCoopers (PwC)
30 March 2011
Their finest hour
Luckily, last Friday a few of us London Insiders were catching up on some overdue work after a week disrupted by one of the biggest full-day conferences we organise, the Xchanging London Market Conference
11 November 2013
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