All Insurance News articles – Page 10
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Insurers may not be preparing for Solvency II: Survey
Only one third of respondents said they would undertake advanced recalculation in line with QIS4, said Watson Wyatt
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Welfare sector RMs join with Markel
Markel has launched a risk management service in conjunction with a specialist health consultancy
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Novae launches corporate killing D&O policy
New policy designed to cover defence costs for cases of corporate manslaughter
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OC insurance agent defrauds businesses of $2.5m
A Californian insurance agent is accused of defrauding 18 businesses in Newport Beach, California
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Munich Re and CarbonRe set up alliance
Deal designed to offer additional insurance capacity for the carbon markets
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Commission consults on insurance antitrust exemption
The European Commission has launched consultation on whether Europe's insurance industry should remain exempt from some antitrust rules
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RIMS supports insurance coverage Act
The insurance coverage for consumers Act would help stabilize prices and increase coverage in the commercial property insurance market, says RIMS
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Interviews
Swiss Re funds risk Chair at ETH Zurich
Swiss Re will finance a new Chair for Integrative Risk Management at the Swiss Federal Institute of Technology Zurich
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Subprime D&O/E&O claims could reach $4bn: Fitch
Litigation stemming from subprime exposure could result in D&O and E&O insurance claims reaching $3bn to $4bn
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Catastrophe Risk
Insurance securitizations strengthen record and novel issuance in 2007
Catastrophe bond market momentum intensified in 2007, despite softening prices for traditional reinsurance capacity
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Hiscox launches SME partnership
New underwriting division follows Hiscox’s 2007 acquisition of Allison & Partners
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Biggest challenge is demand for differentiated value: Plumeri
Willis chairman and CEO highlights insurance industry megatrends at Lloyd’s conference
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Climate change greatest strategic risk to insurance industry
Report highlights top ten risks to insurers
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Limited impact on European insurers from Solvency 2: Fitch
Fitch said European insurer’s capitalisation levels are already significantly above the regulatory minimum
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Gen Re verdict is mixed blessing for industry: BestWeek
Could lead to new guidelines on the legitimate use of finite reinsurance, say experts
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U.S. commercial lines market remains stable: AM Best
Commercial lines carriers have bolstered their positions after robust earnings in recent years, said the rating agency
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Fitch places AIG Debt Ratings on negative watch
The rating action follows AIG's acknowledgement that the company had a material weakness in internal controls related to the valuation of AIG Financial Products Corp.
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Interviews
Marsh nabs Willis’ environment chief
Marsh appoints David Barr as a managing consultant in its UK environmental practice
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Bad practice to blame for container losses
Container loss continues to be a problem on container ships, said the North of England P&I club