In the wake of the Costa Concordia disaster off the coast of Tuscany, Intelligent Insurer asks whether marine profitability has only just become a sinking ship, or whether it has always been swimming with the fishes.
The proposed implementation of Solvency II equivalence will force Bermudian insurers to be far more proactive in terms of how they analyse and forecast their investments, say John Townley and Matthew Hutchinson.
As companies grapple with the implications of Solvency II, GR-NEAM’s Jim Bachman and Tobias Gummersbach weigh up the pros and cons of standard models vs bespoke models and a ‘rules-based’ and ‘principles-based’ approach.
In our latest US survey, we aimed to discover which companies and individuals our readers believe are ahead of the game in the US market.
A tough economic environment, combined with high catastrophe losses and many other uncertainties, has left insurers and reinsurers struggling to come to terms with a complex business environment heading into the January 1 renewals.
In the current volatile environment, it is crucial that cedants can trust the promises made by their reinsurers. Intelligent Insurer speaks to Maiden Re about how collateralisation is helping them to stand behind their promises.
The recent downgrades of numerous cat bonds triggered by changes to the risk models underpinning them may be a contributory factor in a sharp reduction in the number of non-specialised investors contributing to this sector.
Risk modelling agency RMS’s new US wind model triggered downgrades to many catastrophe bonds. Peter Nakada of RMS Risk Markets examines the logic behind this and how investors have reacted to the situation.
Two recent cases have resulted in important decisions by courts, which have ramifications on the way cedants allocate claim payments to their reinsurers post settlement. Robert W. Diubaldo explores the implications of the cases.
Intelligent Insurer looks back at the growth of the insurance and reinsurance market in Bermuda and how it is set to develop in the future.