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Insurance
Ongoing efforts by the International Association of Insurance Supervisors (IAIS) to devise an international set of capital standards will require a delicate balancing act between the re/insurance industry and local regulatory bodies and jurisdictions, Brad Kading, president of the Association of Bermuda Insurers and Reinsurers (ABIR), told PCI Today. 23 October 2016
Insurance
A sharp increase in the instances of state regulators making requests for data from insurers is a major cause for concern for the Property Casualty Insurers Association of America (PCI), adding to an already big regulatory burden and increasing costs at an already challenging time for the industry. 23 October 2016
Insurance
It is targeting a top 10 reinsurance spot on a global basis, and to achieve this GIC Re must overcome a complex regulatory environment and shrinking panels to crack the North American reinsurance market. Yet the company is determined, says Alice Vaidyan, chairman-cum-managing director of GIC Re. 23 October 2016
Insurance
Measured growth plans are on the agenda for International General Insurance (IGI) as it targets growth in the energy sector despite very challenging wider market conditions, Waleed Jabsheh, president of IGI, told PCI Today. 23 October 2016
Insurance
Brazil’s re/insurance market has remained fairly resilient despite the recent downturn in the general Brazilian economy, according to AM Best. 23 October 2016
Insurance
Insurtech will be one of the biggest topics for attendees at the PCI conference in Dallas, Barbara Bufkin, head of business development Hamilton USA, told PCI Today. 23 October 2016
Insurance
A shift away from traditional auto insurance will be an inevitable consequence of the rise of driver assistance systems and, ultimately, autonomous driving, Hazel Yang Lee, lead, personal auto product development at ISO Solutions, a Verisk Analytics business, told PCI Today. 23 October 2016
Insurance
There has been a surge of mergers and acquisitions (M&A) activity since mid-August 2016—but the outcome of such transactions may have mixed results from a credit standpoint, according to S&P Global Ratings. 23 October 2016
Insurance
No end to the current soft market is yet in sight, James Kent, president of Willis Re North America, told PCI Today, and he believes this will be a major talking point at this week’s conference in Dallas. 23 October 2016
Insurance
Ahead of the annual PCI conference in Dallas, Texas, PCI Today, in association with Qatar Re, quizzed delegates about their concerns, aspirations for the conference and what they think the biggest talking points will be. 23 October 2016
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