Insurance Regulation
For Good Measure: Connecting Corporate Strategy With Risk Tolerance
When early seafarers began to chart the world's distant corners for the first time, a crucial component to the required technology was measurement. Measures needed to be both accurate and practical. ...
New York Issues First-of-Their-Kind Cyber Regs for Insurers and Banks
New York Governor Andrew Cuomo on Tuesday issued long-anticipated proposed cyber security regulations for banks and insurers in the state, the first of their kind in the United States by any state or ...
Asian Regulatory Changes Could Hike Demand for Local Reinsurance: Fitch
Various regulatory initiatives in Asian markets could lead to greater demand for local reinsurance capacity as direct insurers rethink risk management strategies and appetite, according to a report ...
PCI Backs NAIC Flood Insurance Reform Agenda
Property/casualty insurers are throwing their weight behind NAIC proposals that includes long-term reauthorization of the National Flood Insurance Program and also an expanded private market that ...
Western European Insurers, Hammered by Low Interest Rates, Slow to Revamp Investments
Insurers in Western Europe have generally stayed the course with their investment mixes in recent years, even as they've been hammered by record-low interest rates, Standard & Poor's Global ...
New Capital Rules Poised to Transform Kenya’s Insurance Industry
A push by Kenyan regulators to clean up the East African country's insurance industry is poised to trigger stake sales or exits by underwriters unable to meet the new capital requirements, according ...
A.M. Best’s ‘A-‘ Rating Not as Good as It Seems: Fitch Analysis
Fitch Ratings warned Tuesday that users of insurance ratings from four large credit rating agencies (CRAs) fail to understand differences in the rating scales—differences that separate A.M. Best ...
EY CRO Survey Preview: Evolution Toward True ERM
With regulatory requirements intensifying and endless technological advances, senior risk management executives for property/casualty insurers face a complex and shifting landscape. As a result, many ...