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Insurance
The chairman of the International Underwriting Association (IUA) has said that changes made to the way its board operates has allowed it to widen its discussion of strategic issues affecting the London Market, better reflecting the concerns of its members. 26 June 2014
Insurance
Robert Terry, founder and chairman of insurance technology firm Quindell, has bought £32,000 of shares in the company, upping his total stake to 10.9 percent. 26 June 2014
Insurance
Businesses must go public with the reporting of the risk resilience structures they have in place in order to encourage growth. 26 June 2014
Alternative Risk Transfer
Munich Re has reportedly withdrawn its latest planned cat bond from the market because of a lack of investor demand. 26 June 2014
Insurance
The real winners in what is a rapidly changing reinsurance industry facing severe “headwinds” will be those players large enough to easily move capital to the most profitable lines while being able to cope with the growing cost and constraints of increased regulatory burdens. 26 June 2014
Insurance
The jury is out on whether capital market investors will ultimately find ways of taking on substantial amounts of casualty risk in the same way they have with catastrophe risks but either way there is already a knock on effect on pricing in this market. 26 June 2014
Insurance
Plans by the International Association of Insurance Supervisors (IAIS) prompted by the Financial Stability Board (FSB) to develop a global insurance capital standard (ICS) could be misguided and risk creating a costly and potentially contradictory level of regulation for the insurance industry that would achieve little. 25 June 2014
Insurance
Greater concerns of counterparty credit risk driven by rating agencies and regulators will benefit mid-tier reinsurers as cedants rationalise their buying panels, according to Albert Benchimol, chief executive of AXIS Capital. 25 June 2014
Insurance
Medical testing kits which can be used at home could vastly increase insurance uptake, changing the medical insurance sector forever. 25 June 2014
Alternative Risk Transfer
A new insurance-linked securities (ILS) forum designed to address the key challenges posed by the ILS market, the evolving role of reinsurers in the ILS space, and associated risks will be held in London on July 8 and 9. 25 June 2014
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