Risk & Capital Management
NAIC Alert Forcing Insurance Companies to Rethink Cash Strategy
Diversification just became a little more difficult for insurance companies thanks to a correction of an unintentional error on the part of the National Association of Insurance Commissioners (NAIC). ...
Insurers Increasingly Leverage Reinsurance & Cat Models for Strategic Risk Management
With competitive reinsurance rates and abundant capacity, many insurers are choosing to expand their strategic reinsurance purchases to mitigate earnings volatility and better manage their capital. ...
Property Catastrophe Reinsurance Rate Hike Momentum Sputters: Willis Re
Any momentum for property catastrophe reinsurance rate hikes in place earlier this year has largely dissipated during the June/July renewals, and some pricing has even dipped, Willis Re said in its ...
Disaster Response Elicits Far Greater Spending Than Risk Reduction: Zurich Insurance
In the wake of last year's unusually harsh catastrophe events, insurers' clients are playing catch-up with their disaster risk management strategies, Zurich Insurance concluded in a new report. ...
AmTrust Postpones Shareholder Vote on Going Private; Contested Plan Lacks Shareholder Support
Lacking enough shareholder votes for approval, AmTrust Financial Services Inc. has postponed until June 21, 2018, the special meeting on a plan to take the insurer private. The meeting was originally ...
AmTrust’s Proposed Privatization Attracts Another Opponent: Shareholder Arca Capital
The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders to prevent a proposed privatization of AmTrust Financial Services ...
How Cyber Accumulations Affect Insurers’ Books
More companies are implementing cyber risk management strategies and considering cyber insurance. As a result, experts are projecting premiums for such insurance protection to reach $7.5 billion by ...
Many Global Insurers Plan to Beef Up Private Equity Investments: Goldman Sachs
Thirty-two percent of insurers plan to maintain or increase their investments in private equity in the next 12 months to boost returns, a survey of 300 executives overseeing more than $10 trillion in ...