Risk & Capital Management
What’s Wrong With a Solvency II Approach to P/C Solvency Regulation?
Solvency II (SII) is a European initiative intended to bring a more coordinated, consistent and modern approach to solvency regulation of insurance companies. It involves changes in accounting rules ...
Is Third-Party Capital Wave Overshadowing Re Market? A.M. Best Weighs In
Although the true reinsurance appetite of third-party capital may not be as big as recent industry headlines suggest, the likely result of the actual influx, when combined with existing capital, will ...
Travelers to Exit Flood Insurance Write-Your-Own Program
The Travelers Companies said it plans to discontinue its participation as a Write-Your-Own (WYO) company in the National Flood Insurance Program. Travelers is selling its WYO policy renewal rights ...
Brazilian Insurer’s IPO, World’s Largest, Beating All Peers, Still Rallying
BB Seguridade SA, the Brazilian insurer that held the world's largest initial public offering this year, is outperforming every other IPO from an emerging- market financial company this year. The ...
Detroit Bankruptcy Boosting Appeal of Insurance for Municipalities
Detroit's record bankruptcy may cost bond insurers more than $1 billion in claims. Yet the filing is also boosting the appeal of guaranteed municipal debt as the companies pledge to cover Motor City ...
Allianz Mulls Carbon Credit Expansion After Indonesia Investment
Allianz SE, Europe's largest insurer, is considering expanding its business of buying carbon emission credits after getting enough of the certificates from a project in Indonesia to help offset its ...
Hurricane Would Entice—Not Spook—ILS Investors, Says Aon Benfield Exec
Although some reinsurance industry executives believe a major loss would cause catastrophe bond investors to flee from the insurance-linked securities market, an Aon Benfield executive says such an ...
Record Breaking Cat Bond Levels; Good News For Carriers
First-half tallies of 2013 catastrophe bond issues have been coming in from reinsurers and brokers in recent months, with all suggesting that 2013 could be a record year of issuance. Swiss Re, Munich ...