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Bain Capital Insurance helps to launch insurance platform for mutuals
22 December 2023 -
US government report highlights barriers to federal pandemic insurance programme
22 December 2023US Government Accountability Office reviewed whether the government could make pandemic insurance available to businesses
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Ricardo Lara sends warning to Californian auto insurers over "passive-aggressive" tactics
22 December 2023Insurance commissioner's intervention follows complaints from consumers
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Wilfred Chin becomes Hamilton Global Specialty's chief actuary
22 December 2023 -
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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NormanMax gains Lloyd's approval to launch parametric syndicate 3939
21 December 2023 -
LGRA's pension risk transfer business hits $10bn since inception
21 December 2023The insurer said it has completed over 100 pension risk transfer deals since its inception in 2015
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NN strengthens capital position with €13bn longevity risk deals
20 December 2023The transactions have been agreed with a subsidiary of Prudential Financial and Swiss Re
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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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US supervisor highlights AI as risk to finance
15 December 2023AI based approaches can operate as "black boxes" leading to bias, says FSOC