Regulation & Compliance
Let the Sunshine In
In public policy, it has often rightly been said that "sunlight is the best antiseptic." Recognizing this, governments all around the world have begun to open their proceedings more to the public and ...
A.M. Best: Global Reinsurance Outlook Turns to Negative
Citing "weakening operating fundamentals" for reinsurers at large as the market continues to soften, A.M. Best has revised its outlook for the sector to negative. "It remains difficult to stray from ...AIG Resumes D.C. Lobbying Efforts After Hiatus
Insurer American International Group is ramping up its lobbying team in Washington, almost six years after it halted such efforts following its rescue by the U.S. government during the financial ...
Soft Reinsurance Market Jeopardizes Company Financial Ratings: S&P
Property/casualty reinsurers aren't just facing heavy competition, declining premiums and excess capacity. These conditions, over time, could also jeopardize their financial ratings moving forward, ...
Managing Risk Amidst a Sea(son) of Change
It is hard not to notice that the business environment for property/casualty insurers has changed the past few years. Profound changes, including an evolving regulatory construct and the rise of "big ...
S&P Proposes Criteria for Rating Mortgage Insurers
Standard & Poor's Ratings Services is requesting comments on proposed benchmarks for rating mortgage insurers, including criteria for analyzing their capital adequacy. The criteria would apply to ...
Derivatives Are Returning, With a Makeover
Derivatives that helped inflate the 2007 credit bubble are being remade for a new generation. JPMorgan Chase & Co. is offering a swap contract tied to a speculative-grade loan index that makes it ...
More U.S. Securities Class Actions Involve High-Frequency Trading
Investors have wasted no time making high-frequency trading, the subject of Michael Lewis' recent best-selling book "Flash Boys: A Wall Street Revolt," a focus of securities class-action litigation, ...