Regulation & Compliance
Standard & Poor’s, A.M. Best, Downplay Initial Impact of TRIA’s Demise
Many insurers and businesses argue the absence of federal terrorism reinsurance beginning in 2015 could lead to a market breakdown and canceled coverage. But in the wake of Congress's inability to ...
Fitch: Capital Levels, Continued Profits Support Stable P/C Outlook
In addition to opining that the momentum behind premium rate hikes is now exhausted in the property/casualty insurer sector, Fitch Ratings delivered predictions on key financial measures for 2014 and ...
What Analysts Are Saying: Have P/C Prices Peaked?
With the hardening price phase officially over for property/casualty insurers by some accounts, analysts are not yet predicting any severe price declines for the year ahead—and underwriting profits ...
More Bad News for Reinsurers: Underperforming Stocks
Stocks for 20 publicly traded reinsurance companies performed far worse than the overall market for the first nine months of 2014, according to an equity trend analysis from A.M. Best. The analysis ...
Aon Benfield Cites 2014 as Record for Property Catastrophe Bond Issuance
Total property catastrophe bond issuance for 2014 stood at $8.03 billion as of Dec. 12, a new record for annual insurance-linked securities, Aon Benfield Securities said. That new milestone hit with ...
S&P Rates Berkshire Hathaway Specialty Insurance Co. ‘AA+’ With Stable Outlook
Standard & Poor's has assigned Berkshire Hathaway Specialty Insurance Co. a "AA+" long-term counterparty credit and financial strength rating with a stable outlook. S&P said it views BHSI as ...
Government Policymakers Will Muck Things Up for Insurers in 2015: S&P
As if a sputtering expansion in developing markets wasn't bad enough, government policymakers in the developed world will make things difficult in 2015 for insurers around the world, Standard & ...
Uber Insurer James River Jumps Into Junk-Rated Loans
The insurer that ride-sharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it's more willing than competitors to invest in junk-rated loans. ...