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ILS becomes mainstream option

Asia Pacific, Europe, Latin America, MENA, North America19-11-2012Alternative Risk Transfer News, Insurance News, Reinsurance News

The use of insurance-linked securities (ILS) by the world’s biggest insurers and reinsurers is increasingly becoming the norm according to two recent surveys – but only if the T&Cs are competitive compared with more traditional forms of coverage.

Hurricane Sandy: underwriters and brokers split over rate trajectory

North America16-11-2012Property cat, Reinsurance News

A division is emerging between underwriters and brokers over what affect Hurricane Sandy will have on rates.

Storm ahead for insurers over deductibles

North America15-11-2012Insurance News, Property cat, Reinsurance News

Insurers face a potential headache over the issue of deductibles when dealing with claims from Hurricane Sandy.

All quiet on the ILS front: but why?

Asia Pacific, Europe, Latin America, MENA, North America14-11-2012Alternative Risk Transfer News

The insurance-linked securities (ILS) market has been quiet of late but the industry appears split on why this is. Some blame nervousness following Hurricane Sandy, while others argue it is typical for this time of year.

Sandy blows wind from ILS market’s sails

13-11-2012

Uncertainty around the eventual size of re/insured losses from Hurricane Sandy has led to a quietening of the insurance-linked securities market. This is the view of Luca Albertini, chief executive of Leadenhall Capital.

Sandy could shroud 1/1 renewals in uncertainty

North America13-11-2012Insurance News, Reinsurance News

The complexity of loss adjustment issues associated with Hurricane Sandy means that the re/insurance industry is unlikely to have a clear picture of the potential reinsurance losses going into the January renewals.

AIG bounces back

North America12-11-2012Casualty, Insurance News, Property cat

American International Group (AIG) has rebranded its global property casualty business back to AIG, and its life and retirement segment to AIG Life and Retirement.

Regulation costs UK insurers £730 million a year

Europe12-11-2012Insurance News

The annual cost of regulation and compliance for the UK insurance sector now exceeds £730 million, according to research from law firm Reynolds Porter Chamberlain (RPC).

Solvency II 'too ambitious'

08-11-2012

The insurance industry and those who regulate it need to admit that the Solvency II framework is too ambitious. This is the view of Phil Smart, UK head of Solvency II at KPMG.

Lancashire launches SPI

Bermuda, Europe, North America06-11-2012Alternative Risk Transfer News, Reinsurance News

Lancashire has announced that it will shortly launch Saltire Re I Limited (“Saltire Re I”), a fully collateralised Bermuda incorporated special purpose insurer (SPI).

Showing 21131 to 21140 of 21510 results

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