Risk & Capital Management
Cat Bonds, Emerging Risks and More at S&P’s Annual Insurance Gathering
Cat bond issuances are hitting record levels, leaving the industry with questions about how long alternative capital will keep pouring into the reinsurance market. That idea emerged during the ...
UPC to Take Over Policies of Florida’s Insolvent Sunshine State
Florida regulators have taken over an insolvent domestic residential property insurer, but a deal is in the works for another private company to assume the insurer's 37,000 policies. A Leon County ...
Coping With Black Swans
The insurance and reinsurance industries are in business to take bets on risks that can be identified, assessed, prioritized and planned for financially. Disasters like hurricanes, earthquakes, ...
Berkshire Hathaway’s General Re Chooses Asset Management Head
General Re, a unit of Warren Buffett's Berkshire Hathaway Inc., promoted Bill Rotatori to chief executive officer of its asset management unit that oversees $63 billion for clients including ...
Insurer Capital Rules Tweaked in New Senate Bill
The U.S. Senate has approved a bill tweaking the 2010 Dodd-Frank law's treatment of insurers, a rare adjustment to the Wall Street reform law that had been sought by the industry. Senators ...
Tropical Storm Boris is Threatening Southern Mexico
Tropical Storm Boris formed off Mexico's Pacific coast, threatening the southern part of the country with heavy rain and "life-threatening" floods through the weekend. The system was 125 miles (200 ...
How Cat Bond Investors Think About Yield
Will catastrophe bonds still be interesting to investors when overall yields on investments go higher? John Seo, the co-founder and managing principal of Fermat Capital Management LLC, provided the ...