US/Canada/Bermuda

Analysis

28 November 2024

Looking under the hood of Cayman Islands' life reinsurance

Jeremy Trader, chief actuary at Cayman Islands-based Knighthead Annuity and Life, tells Sarfraz Thind it is important to look beyond the surface when judging the jurisdiction's value
22 November 2024

IR&C Bermuda: CRO tips on managing interconnected risks

Insurers' risk functions should shift beyond traditional structures and siloed thinking - and embrace flexibility and creativity when dealing with interconnected threats, risk experts in Bermuda have advised. Ronan McCaughey reports
14 November 2024

A historical perspective on the challenges in America's insurance markets

Katherine Hempstead has written a book that unpacks the evolution of insurance in the US. She explains to Joshua Geer the role played by state and federal regulation, and how the market has been shaped by decisions taken centuries ago
21 October 2024

Cayman Islands aiming to become the next reinsurance idyll

Already one of the biggest captive and alternative asset venues in the world, the Cayman Islands is on a quest to make its serendipitous location a hub for reinsurers. The Deputy Premier and head of its reinsurance association spoke to Sarfraz Thind in New York about why they should be taken seriously
14 October 2024

Time to adopt ICS, conclude AM comparable

The deadline to adopt the Insurance Capital Standard is fast approaching and a crucial decision on comparability with the US Aggregation Method awaits. ACLI's Mariana Gomez-Vock argues it is time for supervisors to resolve their differences

News

  • Central Bank of Ireland calls on everyone to embrace the climate challenge

    29 November 2024

    Deputy governor Sharon Donnery spoke at the Global Insurance Summit Europe in Dublin

  • Lloyd's reveals final net loss estimates for hurricanes Helene and Milton

    29 November 2024

    Chief of markets Patrick Tiernan also delivered Lloyd's 2025 outlook

  • Trump's promise to cut auto insurance clashes with tariff policy, says US academic

    27 November 2024

    Tariff increases will put upward pressure on auto insurance claims

  • Legal & General projects US PRT market volume to surpass over $50bn

    25 November 2024

    The insurer said it has achieved a record year in terms of US PRT business

  • GIRO 2024: Climate litigation forecast to rise under Trump

    19 November 2024

    Insurance expert from Hymans Robertson explains why, and what insurers can do

  • IAIS consults on AI supervision and risks for insurers

    18 November 2024

    Paper from global insurance watchdog covers AI security, fairness, robustness and governance

  • Hawaii climate litigation case raises coverage risks for insurers

    18 November 2024

    Court's decision on conduct and pollution exclusions highlights risks for historical liability policies

  • Riley LaTour promoted to CRO of Somerset Re

    14 November 2024

  • QBE transfers $1.2bn loss portfolio to RiverStone

    01 November 2024

    And a further $376m with Enstar

  • Only 54% of insurance CEOs worldwide are prepared for a cyber-attack

    31 October 2024

    KPMG report found Gen AI is a top investment priority for 81% of insurance CEOs

  • Brookfield sets up reinsurance arm in Japan

    30 October 2024

    To be headed by Tomohide Yokooka

  • Aon: Global natcat insured losses hit $102bn for Q1-Q3

    29 October 2024

  • Pooja Rahman, Transamerica's CRO, leaves company

    29 October 2024

    John McCrossan appointed acting CRO while company looks for replacement

  • Canadian economy a tailwind for insurers, says AM Best

    24 October 2024

    AM Best issues a stable outlook for the Canadian insurance market, despite catastrophe challenges

  • Axa XL offers Gen AI risk coverage for businesses

    22 October 2024
Most Read
  1. Axa's Frédéric de Courtois talks the future of regulation, climate change, AI and emerging risks
  2. Looking under the hood of Cayman Islands' life reinsurance
  3. Direct Line rejects Aviva's "highly opportunistic" takeover offer
  4. Don't over-regulate AI before we understand it, says Insurance Europe president
  5. US is committed to the ICS, says IAIS chair
  6. Let's talk together about climate risk, Ed Miliband urges UK insurers
  7. Unprecedented innovation rate required to tackle climate and cyber risks, says Lloyd's CEO
  8. Poll reveals continued dissatisfaction with IFRS 17
  9. Risk teams under pressure as efficiency grip tightens
  10. Sompo International's CEO explains growth plan for the P&C re/insurer