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German floods scenario model launched by Impact Forecasting
13 June 2013Based on images from German Aerospace Centre and Perils
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NACRO concerned at ORSA, ComFrame moves
05 June 2013North American CROs are keeping a watchful eye on the development of the ORSA and disagreeing with some aspects of the ComFrame draft
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Ace launches $95m sidecar
16 April 2013To raise capital for reinsurance operations
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Most US insurers lack climate change strategy
08 March 2013Ceres analysis of 184 insurers finds many are unprepared for climate change
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Liberty Mutual reports $886m Sandy loss
05 March 2013While Amlin reduces its reinsurance spend for 2013
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Sandy swells Q4 loss for AIG
22 February 2013Storm was second largest single catastrophe event for US insurer
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Solvency II inspires major restructuring at French insurer
15 February 2013Coface saw huge workload in dealing with multiple regulators
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Capital add-ons are here to stay, says IAIS's Kawai
15 January 2013Yoshihiro Kawai heads the International Association of Insurance Supervisors, the body responsible for contentious plans to oversee global insurance companies. He talks to Christopher Cundy about consensus and convergence
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Ace's Mark McCausland: Solvency II is no chore
19 December 2012If boards are only focused on meeting the regulatory aspects of Solvency II they are missing a key point, says Mark McCausland, chief risk officer for Ace European Group, and calling the directive a chore should be resisted. He talks to InsuranceERM about this and other challenges of the CRO role
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Sandy to cost Lloyd's up to $2.5bn
19 December 2012Catlin expects a $200m hit