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There are 68,963 results that match your search.68,963 results
  • (Re)insurers fall heavily in May on Eurozone fears
    After a bright first quarter filled the sector with optimism, the return of the Eurozone crisis and fears of a disorderly Greek exit from the euro have brought (re)insurance stocks back to a gloomy reality this month.
    21 May 2012
  • FSA internal model data audit still uncertain
    Data is a key element of the internal model review process but the UK Financial Services Authority (FSA) is still developing how a data audit will be done and by whom, according to former head FSA insurance regulator Simon Kirby.
    21 May 2012
  • Biba CEO slams mandatory EU broker remuneration
    British Insurance Brokers Association (Biba) CEO Eric Galbraith has criticised the European Commission for considering mandatory remuneration disclosure for brokers and said that one-size-fits-all regulation for the financial and insurance industries is "utterly ridiculous".
    21 May 2012
  • ABI: Tighter model review raises pressure on firms
    Insurers and the Financial Services Authority are under pressure from the reduced time frame to approve internal models, the Association of British Insurers (ABI) warned last week.
    21 May 2012
  • Training needed to halt blanket rights reservations in London market
    Senior claims executives have warned that blanket reservation of rights on claims could not only alienate policyholders but could make the London market an unattractive insurance platform.
    21 May 2012
  • New York regulators expand force-placed review
    New York State regulatory authorities are to broaden their review of insurance lines beyond force-placed programmes once current hearings on homeowners' coverage are over.
    21 May 2012
  • Aon sued by Kleen Energy contractors
    Aon has been sued by contractors for the Kleen Energy gas and oil-fired plant over alleged deficiencies in the provision of liability cover for their joint insurance programme.
    21 May 2012
  • Scor tops up contingent cover to EUR150mn
    Global reinsurer Scor has increased the amount of event-driven contingent capital it can draw on following large natural catastrophe losses to EUR150mn, having triggered the first EUR75mn of its 2010 facility last year.
    21 May 2012
  • USAA gains $40mn aggregate cover from $200mn cat bond
    USAA has successfully gained $40mn annual aggregate cover against multiple US perils at a relatively high-frequency level from the cat bond market as part of its new $200mn Residential Re cat bond.
    21 May 2012
  • Capital markets make up 10-15% of cat reinsurance limit
    Capital market investors provide about 10-15 percent of the $220bn-$250bn of global catastrophe reinsurance capacity, according to estimates from brokers and bankers.
    21 May 2012
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