International
Regulators Map Out First Capital Blueprint for Insurers; IAIS Writing Global Standards
The world's top insurers could be forced to raise fresh capital under rules proposed by regulators on Wednesday, echoing measures imposed on the banks to try to avert the risk of another financial ...First Global Capital Rules for Insurers Explained
Regulators have mapped out the first global plans to force top insurers to hold enough capital, mirroring a well-established framework for banks. The plans, backed by the G20 group of leading ...
Shift to Hotter Climate Expected by 2047: Study
Billions of people could be living in regions where temperatures are hotter than their historical ranges by mid-century, creating a "new normal" that could force profound changes on nature and ...
Apollo, JC Flowers to Bid for Hartford’s Japan Unit: Reuters
Private equity firms J.C. Flowers & Co and Apollo Global Management are among a handful of companies expected to bid for Hartford Financial Services Group Inc 's Japanese annuity business, three ...Morrill Joins Ironshore Board of Directors
Ironshore Inc. announced that Michael E. Morrill has been appointed to its board of cirectors, serving as chairman of the Underwriting and Risk Committee. Morrill is the former deputy chairman of ...
What to Expect in Commercial Lines Pricing in 2014: Willis
Commercial property insurance buyers could see prices fall from 10 to 20 percent on non-catastrophe risks in 2014 thanks to the influx of alternative capital to the insurance industry, insurance and ...
Iranian Trade with India Hit by Insurance Delay: Reuters
Oil and container trade between India and Iran has been disrupted due to uncertainty over insurance cover, leaving some ships stranded outside ports in both countries, industry sources said. The ...Insurers Making ‘Immense Changes’ Under Solvency II: German Insurer CEO Goerg
Insurers in Europe will make "immense changes" to their business when new risk-based rules are put in place, the chief executive officer of Gothaer Group and head of a group representing German ...