Sarfraz Thind

The heat is on for US asset-intensive reinsurance regulations

At its summer meeting, the NAIC put forward proposals for tightening up the supervision of life reinsurance transactions. It could either spoil or secure what is now a very lucrative market. Sarfraz Thind reports

Liberty Mutual cuts wildfire coverage in California citing tech issues

Munich Re is the largest reinsurer in the world, according to IFRS

But Swiss Re top of the non-IFRS pile as new accounting method complicates things, says AM Best

Canada's Jasper wildfires caused $650m in insured losses

Wildfires join list of summer natcats pressurising country's insurance industry

RGA to reinsure $3.5bn of American National life reserves

LGRA's CEO talks up the three trillion PRT opportunity

George Palms has built Legal and General Retirement America's US PRT business from scratch. But he sees much more opportunity for growth, he tells Sarfraz Thind

Prudential cuts $11bn reinsurance deal with Wilton Re

Deal will offload 40% of insurer's remaining guaranteed universal life statutory reserves

NAIC's "dangerous" climate analysis proposals highlight US state split

RBC climate scenario analysis adopted despite fierce opposition from cat-prone states

AI not the problem for insurers, it is technology misuse that is

Insurers increasingly turning to self-governance as AI regulations remain in flux

War is most common exclusion in cyber insurance

Language for war in cyber remains inconsistent and diverse