Issuance totalled $1.6bn in Q1 2013, says WCMA
Reinsurance growth will be slower than primary, says Munich Re
Applicants for re/insurance and pensions groups wanted by 23 June
And 12 other senior management positions
Cold winter boosts result
Leaving aside the further setbacks to the timetable for Solvency II implementation, participants in the recent InsuranceERM/QlikView roundtable also expressed concern over the attitude of regulators to internal models and the likelihood that the industry would see no capital benefits from complying with the directive
Australia has succeeded where Europe has seemingly failed by implementing new solvency capital regulations for insurers in three years – with relatively few delays. The standards will be implemented on 1 January 2013 and follow a broadly similar approach to Solvency II. Lorna Davies reports
Leading CROs and consultants give their views on how regulators and politicians may handle outstanding Solvency II implementation issues this year; on business strategy in response to this; and on the outlook for natural catastrophes. Here is a compilation of responses to the questions InsuranceERM asked experts just before Christmas
Under Solvency II the biggest cat capital charges are attracted by pandemic and terrorism risks. Anny Sun explains how more precise modelling of these is developing and why catastrophe excess-of-loss cover remains cost effective in mitigating extreme mortality events (except for pandemics).
Reinsurance offers more flexibility than the capital markets since its structure can be adjusted to the development of the risk profile every year, says Margarita von Tautphoeus, head of Solvency consulting at Munich Re
The financial crisis hasn't dented re/insurers' capital too badly. Sources of capital remain to be tapped. But pray for a light hurricane season, says Helen Yates.