Sarfraz Thind

Aviva completes purchase of Corebridge Financial's UK life business

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

Hyperactive hurricane season predicted for North Atlantic this year

Warmer seas and La Niña will prompt well above average hurricanes, TSR and CSU say

Verisk revamps cat risk models

SEC freezes climate disclosure rules in US after legal challenges

A hundred or so insurers will be subject to the disclosure rules

Florida urged to improve building standards as Fema cuts flood subsidies

State currently has highest insurance rates in US, nearly double second-placed Louisiana

US insurance body praises Indiana and Georgia efforts to combat legal abuse

States provide a "clear roadmap" for successful legal system abuse reform efforts, says III

State Farm has rating cut as hit by challenging market conditions

Life reinsurers spy a goldmine in Asia

A $3trn market is waiting to be tapped and asset-intensive reinsurers are priming themselves to be there, as Sarfraz Thind reports

US regulators push insurers to reduce exposure to Everton bidder

A-Cap currently has $2.9bn exposure to 777 Partners, FT finds