Risk & Capital Management
Efforts to Shake G-SII Tags May be Futile: S&P
Global insurers that have been tagged as systemically important by the Financial Stability Board may not help their cause by breaking up lines of business in efforts to de-designate themselves, ...
A.M. Best Unveils Drafts of New BCAR, Methodology; Q1 2017 Target for Final
On Thursday, A.M. Best published proposed revisions to its core credit rating methodology and to its U.S. property/casualty capital adequacy ratio, targeting a first-quarter 2017 date for the actual ...
Regulatory Tools Too Focused on Individual Company Risks
Regulatory tools to assess risk in the financial sector focus too much on individual companies, according to a new report from HEC Paris business school. While regulators have been working to ...
Covered Agreement Negotiations Begin, with High Expectations
The U.S. and The European Commission have launched negotiations with an eye toward a "covered agreement" on insurance and reinsurance matters. Representatives from the U.S. and EU met formally ...
Diversification Doesn’t Always Help Ratings: S&P
Weighing in on one of the key points of conflict that pitted American International Group's Peter Hancock against investor Carl Icahn in recent months, Standard & Poor's said that not all types ...
Zurich Problem Was Lack of Accumulation Management, Chair Says
Zurich Insurance Group AG is fixing how it detects risks after miscommunication among units aggravated losses from a port explosion in China last year, Chairman and acting Chief Executive Officer Tom ...
Understanding A.M. Best’s New Capital Model: Matthew Mosher Q&A (Part 2)
A.M. Best is overhauling the calculation of the Best's Capital Adequacy Ratio used in its assessments of insurer capital strength. In part 1 of an interview with Carrier Management, Matthew Mosher, ...
Q&A: Don’t React to Rumors on A.M. Best’s New Model, COO Mosher Says
A.M. Best is overhauling the calculation of the Best's Capital Adequacy Ratio used in its assessments of insurer capital strength, but higher resulting risk charges and correspondingly lower BCAR ...