Plans to publish draft regulations for a UK insurance-linked securities (ILS) regulatory framework have been pushed back, The Insurance Insider has learned.
The Norwegian Hull Club and General Insurance Corporation of India (GIC Re) have become the two newest members of the International Underwriting Association (IUA), taking the number of member firms to 49.
The China Insurance Regulatory Commission (CIRC) has asked insurance companies in the country to examine their risks and strengthen risk controls amid growing concerns about their investments, according to local media reports.
Analysts welcomed signs of progress on American International Group (AIG)'s turnaround plans as the insurer beat Wall Street consensus forecasts in its second quarter results released yesterday
Claims and insurance tax calculations are contenders to be the next focus of the Target Operating Model (Tom), according to Lloyd's director of operations Shirine Khoury-Haq.
