Regulation & Compliance
Regulation-Fueled ‘Collateral Crunch’ Not Expected in 2014
If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending "high-quality" assets to those scrambling to meet tougher collateral requirements in 2014, they are likely to ...
Fitch Drops Tower Group Rating Another Notch to ‘B’ as RBC Ratios Fall
Fitch Ratings announced Thursday that it downgraded the insurer financial strength ratings of the operating subsidiaries of Tower Group International, Ltd.'s to "B" from "BB." In October 2013, ...
Bermuda Monetary Authority Appoints Gibbs as Director, Supervision (Insurance)
The Bermuda Monetary Authority announced the appointment of Andrew Gibbs to the position of Director, Supervision (Insurance) on Thursday. Reporting to Craig Swan, Managing Director, Supervision, ...
Fastest Growing E&S Carriers in Top 30 Revealed: Fitch Report
In a year-end report on the U.S. excess and surplus lines market, data compiled by Fitch Ratings revealed that the top growing E&S writers in recent years were not necessarily the biggest. The ...
Greenberg, Dowling Top 2013 Videos on Carrier Management Channel
Video interviews with Maurice "Hank" Greenberg and V.J. Dowling were the most popular videos broadcast on the Carrier Management Channel of Insurance Journal TV this year. A list of the top 10 ...
Catastrophe Bond Issuance High, But Short of Record in 2013
The catastrophe bond market experienced near-record issuance in 2013, with $7.1 billion of global issuance falling just short of the all-time record set in 2007 of $7.6 billion, Fitch Ratings ...
Unnamed Rating Agencies Fail to Follow Criteria, Keep Adequate Records, SEC Says
Credit raters failed to follow their own criteria, allowed research analysts to discuss fees with issuers and kept incomplete records, according to a report from the U.S. Securities and Exchange ...
Capacity Keeping E&S Market Competitive; Berkshire Impact Yet to Materialize: Fitch
Growing capacity will limit rate hikes and promote persistent competition in the excess and surplus lines market, Fitch Ratings said in a report earlier this week. The U.S. E&S market, which ...