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The heat is on for US asset-intensive reinsurance regulations
29 August 2024At its summer meeting, the NAIC put forward proposals for tightening up the supervision of life reinsurance transactions. It could either spoil or secure what is now a very lucrative market. Sarfraz Thind reports
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Liberty Mutual cuts wildfire coverage in California citing tech issues
29 August 2024 -
Australian regulator reorganises into two supervisory divisions
28 August 2024Apra also reveals priorities for next four years
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Munich Re is the largest reinsurer in the world, according to IFRS
28 August 2024But Swiss Re top of the non-IFRS pile as new accounting method complicates things, says AM Best
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Growth in China and Hong Kong stalls for Prudential
28 August 2024The firm said it had taken steps to reposition its business in H1
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Sun Life names Niall Grady as CRO for Asia
28 August 2024 -
Ageas reports "remarkable" H1 growth in non-life business
28 August 2024IFRS 17 tax issue in China dents life net operating result
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FCA launches investigation into UK's protection insurance market
28 August 2024The regulator is concerned that some products may be providing poor value
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Canada's Jasper wildfires caused $650m in insured losses
28 August 2024Wildfires join list of summer natcats pressurising country's insurance industry
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BaFin unearths concerning early-year lapse rates in some retirement products
28 August 2024German regulator delivered a warning on front-loading policy costs, given customer surrender rates