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Florida signs sweeping reforms to prop up ailing insurance market
27 May 2022Governor creates $2bn reinsurance fund as insurers exit state, critics voice doubts
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Systemic risk warnings put Sifi regulation back in play
27 May 2022Macro risks are piling up for insurers, prompting US regulators and lawmakers to suggest bringing back the "systemically important financial institution" designation. Sarfraz Thind reports
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Allianz GI barred from US after "massive fraudulent" Structured Alpha scheme
17 May 2022Asset manager transfers $120bn assets to Voya IM, pays $6bn in fraud case
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Manulife warns of 10% earnings hit from IFRS transition in 2022
12 May 2022CSM adoption will lead to a 20% decrease in equity, Canadian insurer says
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Bermudian insurers remain deficient in climate modelling
11 May 2022Majority of insurers not using vendor cat models for climate projections, the BMA finds
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S&P winds back on some insurance capital rating proposals
09 May 2022Agency responds to concerns on new rating model
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US lawmakers urge insurers to stop fossil fuels business
28 April 2022Letter from Democrats sent to insurers including Chubb, Berkshire Hathaway and AIG
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Russia is largest source of cyber-attacks, says Greenberg
28 April 2022Chubb says no increase in cyber-attacks through war as it limits exposure to conflict
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S&P to release new capital rules by late Q3
26 April 2022Agency may make changes as it faces heavy criticism
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The US climate split
25 April 2022The knives are out on what US insurers need reveal about their climate-related exposures. Sarfraz Thind reports