Regulation & Compliance
Insurance Commissioner’s Perspective: Innovation as a Driver for Change
Social justice is an easy goal on which to agree, though as the events of the past year have taught us, we often fall short transforming the aspirational into reality. That doesn't mean we stop ...
Ranking U.S. Insurers: How They Score on ESG Performance
For the past several years, environmental, social and governance (ESG) factors have figured prominently in the investment decisions of institutional investors, pension funds and shareholders. The ...
EU Regulator Seeks More Hands-On Approach to Insurer Capital
The European Union's capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like banning dividends to preserve solvency during market shocks, ...
Combined Ratios Still Better Than Breakeven Through Nine Months
In separate analyses published yesterday, both AM Best and Fitch Ratings reported double-digit drops in operating income for North American property/casualty insurers through nine months but said ...
New Insurance Group Inigo Raises $800M of Capital; Ex-Hiscox Execs Behind Launch
Inigo Ltd., a new London-based insurance group, announced it has completed a capital raise of approximately $800 million from a consortium of global investors. Former Hiscox executives are beyind the ...
Board Appointments at Markel and The Hanover
Markel Corp. appointed a new board member. The Hanover accelerated appointment of a new board chair to accommodate its transition plan.***
Markel Corp. appointed ...
AIG’s Decision to Separate L&R Biz Risks Possible Ratings Downgrades
American International Group's plan to downsize by divesting its Life & Retirement business is drawing cautious and wary reactions from rating agencies that follow the property/casualty insurance ...
Keeping Your Competitive Edge by Tracking Rating Bureau Content
Keeping up to date with rating bureau content has always been an onerous task for P/C insurance carriers, particularly small to midsize carriers with limited operational resources. According to ...
Executives On The Move at Munich Re and Guy Carpenter
A Munich Re subsidiary has a new chief executive officer. Guy Carpenter & Co. hired an executive to fill a leadership position involving property/casualty products and services in the U.K.