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There are 68,934 results that match your search.68,934 results
  • Industry urged to engage with EU regulators as G20 eyes sector
    Hector Sants, CEO of the Financial Services Authority (FSA), has warned that the rapidly evolving regulation of financial services in the European Union requires full engagement from the UK.
    28 June 2010
  • US insurance office faces ‘deep’ industry concerns
    The Property Casualty Insurers Association of America (PCI) has voiced "deep concern" over potential conflicts between state regulators and the proposed Federal Insurance Office (FIO) - which edged a step nearer to coming into existence last week on Capitol Hill.
    28 June 2010
  • $70mn cat futures traded as season kicks off
    Trading of 2010 catastrophe derivatives on the Chicago Mercantile Exchange (CME) and Chicago Climate Futures Exchange (CCFE) has reached $66mn, as the first named storm in the US wind season threatens to make landfall.
    28 June 2010
  • French floods cause EUR700mn loss
    The fatal flash floods that struck southern France on 15 June, killing 25 people, are set to cost insurers nearly EUR700mn, according to estimates from national industry body Fédération Française des Sociétés d'Assurance (FFSA).
    28 June 2010
  • Alex opens expected severe hurricane season
    Alex, the first named storm of the Atlantic hurricane season, is expected to cause little concern for insurers, but forecasters anticipate a destructive - and expensive - season ahead.
    28 June 2010
  • Questions raised over US flood programme as renewal stalls
    The future of the US National Flood Insurance Program (NFIP) continues to hang in the balance after a bill to extend the lapsed government insurance scheme failed to make it to a vote in the Senate last week.
    28 June 2010
  • PCI warns low investment returns put pressure on underwriters
    The investment return slump in the last five years has shifted the onus onto underwriters to generate (re)insurance profits, according to the Property Casualty Insurers Association of America (PCI).
    28 June 2010
  • US P&C reserves actually grew last year, says Conning
    The aggregate industry reserve base in the US actually strengthened in 2009, despite growing concerns over the reserve adequacy of property casualty insurers, according to Conning Research & Consulting.
    28 June 2010
  • Insurer impairments keep rising in 2009
    US property and casualty (P&C) insurer financial impairments have more than tripled since 2007, rising to 18 in 2009 from 16 in 2008, according to a study by AM Best.
    28 June 2010
  • Casualty tops Bolt’s worry list
    Tom Bolt, director of performance management at Lloyd's, is bearish on sector prospects and is especially concerned about "unsustainable" reserve releases in the casualty market, according to analysts at stockbroker Collins Stewart.
    28 June 2010
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