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Insurance
The Financial Stability Oversight Council (Council) said on Sept. 29 that it has rescinded its determination that material financial distress at American International Group (AIG) could pose a threat to US financial stability and that AIG shall be subject to supervision by the Board of Governors and enhanced prudential standards. 2 October 2017
Insurance
Catastrophes in 2016, both natural and manmade, have reinforced Impact Forecasting’s view that cat models require a more proactive than reactive approach, Adam Podlaha, the company’s chief executive, told Monte Carlo Today. 14 September 2016
Insurance
TigerRisk Capital Markets & Advisory, the investment banking arm of TigerRisk Partners, has launched in London. 14 September 2016
Insurance
It might be a complex and difficult challenge for large, incumbent carriers to embrace new technology, but they must find a way to do it if they are to compete going forward, said Dylan Bourguignon, chief executive of so-sure, an insurtech company offering mobile insurance and which returns a percentage of the premium to customers if there is no claim. 24 October 2018
Insurance
As Solvency II-based capital regimes further impact internal capital models, greater clarity around a company’s view of risk is becoming more important, but optimising model infrastructures is often limited by platform inflexibility, computational power and cumbersome approval processes, according to three executives from Guy Carpenter who debated this issue. 24 October 2018
Insurance
The re/insurance industry needs to reinvent the wheel by deploying technologies that can reshape the manner or processes by which business is done, instead of improving on existing processes. 14 November 2017
Insurance
In September 2016, broker Cooper Gay rebranded as Ed, sparking much discussion across the industry. 14 November 2017
Insurance
As the frequency and severity of risks is increasing across the globe, the ripple effects of such events will be far-reaching in this highly interdependent world. 1 October 2017
Insurance
The Talanx Group, which owns Hannover Re, has outlined ambitious targets for 2019 and beyond – one way it plans to achieve these is by consolidating its reinsurance buying programme. 23 October 2018
Insurance
The ongoing growth and evolution of the reinsurance market in Latin America has made the region a good target for reinsurers from around the world, says Carlos Gutierrez, president of United Insurance Brokers (UIB). 29 October 2015
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