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It is not unusual for the proceeds of a D&O policy to be assigned in a corporate bankruptcy, but is the PG&E case a genuine outlier or the sign of a trend, asks Ralph Stainbank of Liberty Mutual Reinsurance. 7 November 2023
Insurance
Extensive and much-needed regulatory reforms in Florida appear to have worked with new insurers launching—but reinsurers remain wary. 7 November 2023
Insurance
Flood models have improved dramatically but a challenge is around educating insurers that this risk is insurable. 7 November 2023
Insurance
AM Best said it has a strong track record of earnings. 6 November 2023
Insurance
It has appointed digital & portfolio executive. 6 November 2023
Insurance
The recruit has also worked for JLT, Willis and Price Forbes. 6 November 2023
Insurance
It has hired underwrites from Liberty and Starr Insurance. 6 November 2023
Alternative Risk Transfer
The ILS sector has played a key role in restabilising the wider risk transfer markets thanks to its ability to recapitalise quickly. Access to the current wide range of capital options can lead to better business decisions, say Paul Schultz and Cole Mayer of Aon Securities. 6 November 2023
Insurance
Hannover Re will be seeking incremental improvements to its North American book. 6 November 2023
Insurance
Use of insurance models by banks could lead to their demanding borrowers build more climate-resilient structures: Moody’s RMS. 6 November 2023
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