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US flood insurance: bridging the political chasm
16 October 2018Hurricanes Michael and Florence have again drawn attention to the issue of underinsurance of flood risk in the US. The industry says regulators are stymieing the market, and reforms are stuck in a political logjam. InsuranceERM's US editor Sarfraz Thind reports
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Hurricane Michael: KCC estimates almost $8bn insured loss
12 October 2018Nearly half of insured loss estimated to have occurred in two Florida counties – Bay and Gulf.
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Zurich sponsors $148m op risk cat bond
15 June 2018Deal follows first ILS issued in 2016
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World Cup forecasts: actuaries vs underwriters vs investment bankers
14 June 2018Addactis, Lloyd's and Goldman Sachs take a view on winners
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Inflation remains a top risk, says Swiss Re macroeconomist
11 June 2018US government running out of wiggle room in event of next crisis
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AIG hires Arch's Lyons as chief actuary, Arch appoints Morin as replacement
15 May 2018American International Group (AIG) has appointed Mark Lyons as senior vice president and chief actuary for general insurance.
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Aegon issues first Solvency II-compliant debt
05 April 2018$800m of tier 2 notes listed in New York
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Telling the solvency story
30 March 2017The Solvency II solvency and financial condition report (SFCR) is causing consternation among insurers. How do participants balance the requirements of disclosure with confidentiality, or interpret this most loose fitting of regulatory diktats? With the first set of reports already published, the answer seems to be, not very happily. Sarfraz Thind reports
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IFRS 17: the new cloud on the horizon
08 December 2016Could IFRS 17 be even more burdensome and costly than Solvency II? A final text is due to be published in March and insurers are looking for fundamental changes – otherwise some will face a long and expensive path to compliance. Sarfraz Thind reports
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Brexit prompts 13-point drop in L&G's Solvency II ratio
28 June 2016Ratio falls to 156% from 169% at end-2015