Regulation & Compliance
Point/Counterpoint: Analysts Take Opposing Sides on Proposed Accounting Standards
Opinions vary widely among property/casualty insurance experts on the desirability of accounting standards being proposed by the Financial Accounting Standards Board and the International Accounting ...
New Insurance Accounting Standards Are Coming: It’s Time to Get Ready
If you are like most insurance executives you are probably aware that changes are coming to insurance accounting, but you're probably not exactly sure what they are or why all this is happening. The ...
In North America, the World Cup is in full swing. With it, we can draw lessons from AI and contextual...
Top 5 Reserve Boosts in 2013; Fitch Reveals Carriers with Unfavorable Development
Although the property/casualty insurance industry overall will report favorable loss reserve development from prior underwriting periods for the eighth consecutive year in 2013, several individual ...
Five Insurers Lead P/C Industry to 8th Year of Reserve Takedowns: Fitch
Headline reserve charges for Tower Group, Meadowbrook Insurance Group and QBE Americas in 2013 didn't interrupt an eight-year trend of overall prior-year reserve takedowns for the property/casualty ...
Ex-Treasury Deputy Wolin Says Federal Insurance Office Makes Sense
To make continued improvements in the U.S. insurance regulatory system, it's imperative for state and federal officials to work collaboratively and share information and perspectives, said former ...
Reinsurer Downgrades Ahead, S&P Says; A.M. Best Says Sector Stable
Almost half of the global reinsurers rated by Standard & Poor's are "materially exposed" to competitive pressures, the rating agency said Monday, warning of negative rating actions to come for ...
FSOC Scrutinizing Buffett’s Berkshire for Systemic Risk Potential
Regulators are starting to scrutinize Warren Buffett's Berkshire Hathaway Inc. to determine whether it is important enough to the financial system to require Federal Reserve supervision, according to ...
CEOs Upbeat on Economy But Worried About Weak Markets, Over-Regulation
Business leaders gathering for their annual high-profile networking forum in Davos are feeling a bit better about their companies' prospects and a lot more so about the broader economic outlook. But ...