Risk & Capital Management
BCAR Revisited: Understanding A.M. Best’s New Model
Carriers can toss out old playbooks that helped them map financial metrics into A.M. Best ratings, according to rating agency analysts, who are putting finishing touches on a new capital adequacy ...
Activists Live In ‘Fool’s Paradise’; Don’t Understand Insurance Basics, CEO Says
Even before Carl Icahn amped up the volume on his message to American International Group to make a "drastic strategic shift" last week, questions started to surface about whether other insurers are ...
Earthquakes for CEOs: Understanding the Most Recent USGS Report
Every six years the U.S. Geological Survey (USGS) produces an updated set of seismic hazard maps for the United States. These National Hazard Maps show the estimated probabilities of different levels ...
MetLife Considers Spinning Off Retail Business to Ease Regulation
MetLife Inc., the largest U.S. life insurer, plans to separate much of its domestic retail business as Chief Executive Officer Steve Kandarian works to shrink the company amid tighter government ...
Analyst’s Survey: Investors Back Icahn on AIG Breakup
Most American International Group Inc. investors believe that billionaire activist Carl Icahn is right that the insurer needs a new strategy, according to a Sanford C. Bernstein & Co. analyst who ...
Credit Swap Panel’s New Rules Address Conflicts of Interest
A derivatives industry group adopted new rules to mitigate conflicts of interest on a panel of banks and asset managers that determines when traders are paid on debt insurance. The International ...
A.M. Best Maintains Negative Outlook For U.S. P/C Commercial Lines
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the ...
PwC Board Survey: Majority of Large Insurers Have Risk Committees, CROs
Property/casualty insurance company senior executives aren't the only carrier leaders overwhelmed by multiple demands on their time. Members of P/C insurer boards of directors are similarly ...