Regulation & Compliance
Reinsurers’ Profits Risk Falling Below Cost of Capital: S&P
Reinsurers' profits will soon drop below their cost of capital and could remain there until the underwriting or investment cycle turns, according to Standard & Poor's in a new report. S&P ...
Cat Bond Payments Match Traditional Reinsurers on Reliability Scale: S&P
Some traditional reinsurers have asserted that catastrophe bonds are unreliable in terms of paying claims after major events. A new Standard & Poor's article rebukes that idea. "We have explored ...
Asian Regulatory Changes Could Hike Demand for Local Reinsurance: Fitch
Various regulatory initiatives in Asian markets could lead to greater demand for local reinsurance capacity as direct insurers rethink risk management strategies and appetite, according to a report ...
AIG’s Restructuring Efforts Earn Ratings Affirmation From Fitch
AIG ongoing focus on restructuring and deleveraging got a vote of confidence from Fitch Ratings. Fitch affirmed the insurer financial strength ratings of American International Group's ...
AIG, Chubb, XL Group Lead in U.S. Cyber Coverage Market Share: Fitch Ratings
The U.S. property/casualty insurance industry generated $1 billion in direct written premium volume for cyber insurance in 2015. AIG, Chubb and XL Group led the market, according to Fitch Ratings. ...
TransRe Scores A+ FSR from A.M. Best; Deal to Underwrite Gen Re Broker Biz Flagged
On Friday, A.M. Best announced that it upped the financial strength rating of Transatlantic Reinsurance Company and its subsidiaries (collectively referred to as TransRe) to "A+" (superior) from the ...
Environmental Risk: Investors Worrying about Data Centers’ Water Use
Data centers, used by governments and large corporations to house their computer systems, have one big environmental problem: They get hot. To keep them from overheating, large data centers can pump ...
Ratings Agencies Worry About Arch Capital’s $3.4B Deal for AIG’s Mortgage Guaranty Arm
Arch Capital Group Ltd.'s decision to buy American International Group's mortgage guaranty unit for $3.4 billion drew a mixed response from Standard & Poor's, Fitch Ratings, Moody's and A.M. ...