Insurance Regulation
Survey Says: For Many, ERM Is a Capital Idea
As insurers continue to evolve their enterprise risk management systems and controls, and regulators take a closer look, one aspect continues to be clear: Capital is king. A recent study by Standard ...
AIG, Allianz and 7 Other Giant Insurers to Start Reporting Capital Ratios
Nine too-big-to-fail insurers, including American International Group Inc., Allianz SE and MetLife Inc., must start reporting capital ratios next year using a method presented by regulators today. ...
Practical ORSA Solutions for Challenged Insurers
After much anticipation, Own Risk and Solvency Assessment (ORSA) initiatives are now underway worldwide—taking effect in 2014 in Canada and 2015 in the United States, with similar initiatives ...
How Insurers Gain ‘Systemically Important’ Status May Be Tweaked
The U.S. top financial risk council may tweak the way in which it identifies insurers and other companies that are not banks as systemically important, a process the industry and politicians have ...
State, Federal Regulators Vow Cooperation Against Global Uniformity
State and federal insurance regulators insist they will make sure U.S. regulatory standards aren't being subsumed beneath a bid for international uniformity, though they will continue to strive for ...
The Fed Wants Insurer Input As it Builds Capital Rules
The Federal Reserve today announced a voluntary survey into the potential impact of capital rules for insurance companies that it regulates. The Federal Reserve is seeking comments from the industry ...
Prop. 103 vs. Self-Driving Cars Revving Up in California
Way back in 1988 it probably seemed like the idea of self-driving vehicles was about as far off as flying cars or hovercraft. That was the year California voters enacted Proposition 103, giving an ...
Europe Beats U.S. in M&A Insurance Industry Deals: Clyde & Co.
Insurance and reinsurance industry M&A deals have picked up a bit in Europe and elsewhere. But they keep declining in the U.S., continuing to deny it the lead in a space it has typically ...