Archive

North Sea collision could lead to $300m insured loss, says Morningstar DBRS

Insured losses from Spanish floods to exceed €1bn

Morningstar DBRS says large claims from the event will undermine the underwriting profitability of Spanish insurance companies

Rome unveils tax plans on Italy's banks and insurers to help fund its budget

Giorgia Meloni wants taxes on sectors to contribute about €3.5bn to government's €30bn budget for 2025

Strong earnings spur positivity for reinsurers

Firms are prospering from prolonged positive market conditions, according to Fitch Ratings and Morningstar DBRS

Insured losses from UK riots to be below £250m

Single claims below £1m will be assumed by local police authorities, Morningstar DBRS said

NAIC spells out private letter definitions as insurer volumes boom

New ratings rules could lead to higher RBC charges for US life insurers

PE and insurance: perception versus reality

Private equity and alternative asset manager-owned life insurers have been accused of making risky investments and running opaque businesses intent on making a fast buck. The facts may not bear this out, as Sarfraz Thind reports in the first of a two-part article

Insurers facing increased exposure to liquidity risk

Supervisory frameworks on liquidity risk in the insurance sector lagging those in other sectors, Morningstar DBRS finds

Asset-intensive reinsurance intensively assessed

The NAIC is drawing up proposals to tackle asset-intensive reinsurance as regulators worry about the vast volumes of risk being ceded outside the US. Sarfraz Thind reports

Baltimore Bridge insured losses could hit $4bn, says Morningstar DBRS

The incident could amount to one of the largest marine insurance losses in history, says Lloyd's chief