Regulation & Compliance
PCI, NAMIC, AIA Urge Congress to Protect State-Based Insurance Regulatory Process
The Property Casualty Insurers Association, the National Association of Mutual Insurance Companies and the American Insurance Association are calling for Congress to ensure state-based insurance ...
Compromise Should Ease Enactment of Much-Needed Laws Clarifying TNC Coverage Issues
Heading into the 2015 state legislative sessions there was no doubt what issue would be the most closely tracked and worked on by the property/casualty insurance industry: insurance coverage ...
Swiss Re CFO: Regulators Should Keep Cat Bonds From Risky Repackaging
Swiss Re AG, Europe's second-biggest reinsurer, said regulators should prevent catastrophe bonds from being repackaged like subprime mortgages. "It's important for traditional players like us and ...
A Practical Path to a Global Capital Standard for Large Insurance Groups
Now that the European Union's Solvency II is nearing its Jan. 1, 2016 effective date, you'd think some clear road might be ahead allowing insurance executives time to adjust to the landscape. ...
Zurich Insurance Backs Global Approach to Boost Cyber Security
Oversight that transcends national boundaries is necessary to strengthen cyber security beyond current, outdated policies maintained by individual governments, a new Zurich Insurance ...
Large International Insurers Challenged by Increasing Regulatory Burden
There is an increased focus globally on international insurance regulation driven by efforts within the G20 major economies to strengthen the international regulatory regime since the financial ...
European Union Renews Effort to Halt U.S. Reinsurance Collateral Rule
The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign re-insurers to set aside against policies. EU states agreed ...
As P/C Companies Turn to Predictive Analytics, Some Underwriters are Wary
If you're wondering how important predictive analytics is becoming to property/casualty insurance companies, consider this: 56 percent of industry respondents in a new survey said they plan to start ...