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Dave Snyder: We will advocate for a greater society-wide focus on loss prevention and mitigation
26 December 2023Dave Snyder, vice president of policy, research and international for the American Property Casualty Insurance Association, discusses how artificial intelligence regulation has developed and how "political polarisation" has impacted firms
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IMF takes a shot at private equity-backed insurers
21 December 2023Contagion, illiquidity risk and regulatory arbitrage... the International Monetary Fund has this week raised concerns over PE-owned insurance and advised regulators to talk more about the risks. Sarfraz Thind reports
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Japan's Fair Trade commission looking into antimonopoly violations at Tokio Marine subsidiary - UPDATED
21 December 2023The investigation follows price fixing scandals earlier in the year
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Vishal Desai: taking Mitsui Sumitomo's risk team to the Champions League
20 December 2023Vishal Desai already had a busy job as the chief risk officer (CRO) for MS Amlin in London when he got the call to help parent Mitsui Sumitomo at the head office in Tokyo. Since June, he has been giving his experience and advice to the Japanese insurer's risk team, he tells Sarfraz Thind
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BMA issues paper justifying PE-insurance regulatory regime
19 December 2023"Educational" paper comes in the wake of heightened global scrutiny of PE-insurance business
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Lara addresses California's insurance emergency
15 December 2023Will not be pressured by "entrenched groups seeking to defend a broken status quo"
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US life insurers lagging rest of industry in AI
13 December 2023NAIC survey finds less than 50% of life insurers are using AI and ML
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PE insurers are better insulated against risks than rest of industry, AM Best says
12 December 2023Athene remains biggest PE-insurer as industry assets grew 15% last year
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US FIO and NAIC fissures grow
12 December 2023NAIC's "weak" criticisms of FIO data call rankles participants
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US P&C insurers record $32bn underwriting loss in first nine months
08 December 2023