Archive

  • Systemic cyber risk attack "likely" in 2017, experts warn

    10 May 2017

    Financial services is the most vulnerable sector

  • Berkshire reports $379m underwriting loss in Q1

    08 May 2017

    Down from $348m gain in Q1 2016, mainly because of AIG reinsurance deal

  • A death knell for the Sifi designation?

    02 May 2017

    The US inquiry into the designation of non-bank systemically important financial institutions looks likely to see insurers AIG and Prudential Financial shed the label, while ensuring the court appeal against MetLife becomes obsolete. What will replace Obama's post-crisis regulation and will it affect the international process? Callum Tanner reports

  • Trump orders FSOC review

    24 April 2017

    No Sifi designations until review is complete, says Mnuchin

  • AIG takes $100m hit from Ogden rate cut

    20 April 2017

    Partially offset by amortisation of deferred gain from Berkshire Hathaway reinsurance

  • European insurers hold out hope on UK market access

    13 April 2017

    With article 50 triggered, insurers in the UK and EEA wait with bated breath for news on what will replace passporting. Although the EU looks set to take a tough line on access to the single market for the UK, pressure is mounting on the UK government to avoid retaliation. Callum Tanner reports

  • Irish regulator discusses Brexit relocation with 30 re/insurers

    09 March 2017

    Director of insurance supervision says five applications received since November

  • AIG's Brexit plan involves Luxembourg company

    08 March 2017

    Positions insurer for whatever the outcome of UK exit from EU

  • Mnuchin to review Sifi designation process

    02 March 2017

    First time overseeing FSOC meeting after Republican report sees "arbitrary and inconsistent" designations

  • Ogden rate battle: insurers will be consulted on review

    01 March 2017

    Discount rate needs to be fair, say Hammond and ABI