Regulation & Compliance
A.M. Best Weighs In With New Concerns on Aon-Berkshire Type Deals
Underwriting risk management practices could loosen up as insurers join forces with major brokers on what A.M. Best calls "mega" whole-account broker deals in the London market, the rating agency ...
Rating S&P’s New Method: Transparency Improved, But Execution Consistency Falls Short
In May, Standard & Poor's confirmed that it had finalized a 10-month "Request for Comment" (RfC) process around proposed changes to the rating agency's criteria for rating insurers and ...
Wells Media Launches Carrier Management Print Magazine
Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. This magazine launch follows the spring debut of the ...
S&P Calls Federal Lawsuit ‘Retaliation’ for U.S. Downgrade
Standard & Poor's said on Tuesday the U.S. government filed a $5 billion fraud lawsuit against it in "retaliation" for its 2011 decision to strip the country of its "AAA" credit rating. The ...
Predictive Analytics: Bringing Price Elasticity Concepts to P/C Insurance
The concept of price elasticity of demand has not received enough attention in the world of property/casualty insurance. Regulatory hurdles, a tradition of cost-plus pricing and maybe even an ...
P/C Loss Reserve Cycles Are Real: AM Best Analysis
The idea that carriers release loss reserves when property/casualty insurance markets soften and strengthen them in hard markets is more than a theory, according to a new analysis by rating agency ...
Asia’s Expert Networks for Investors Coming Under U.S. Scrutiny
Expert networks - a matchmaking service linking investors such as hedge funds with company insiders - are under scrutiny from regulators in the United States, but are expanding across Asia, where the ...
Florida’s Property Insurer Avoids Storms, Piles Up Cash As Its Bonds Suffer
Florida's government-run insurance system has amassed record cash reserves as hurricanes bypassed the state since 2005. That hasn't helped investors in its bonds, with some trailing benchmarks by the ...