Archive

  • NAIC still failing to address racial bias in underwriting

    06 August 2020

    Use of AI and other data penalises minorities, says CEJ's Birny Birnbaum

  • Gefion enters liquidation after watchdog denies extension

    30 June 2020

    Finanstilsynet had rejected Gefion's recovery plan last week

  • Danish regulator orders Gefion to stop writing business

    27 March 2020

    DFSA was unconvinced the insurer could meet the SCR

  • Denmark's Gefion ordered not to expand its scope of business

    16 January 2020

    Danish regulator warns Gefion has "serious liquidity problems"

  • IAIS Abu Dhabi: Why the Treasury and NAIC returned different ICS conclusions

    19 November 2019

    "Team USA" voiced wildly divergent tones in their reaction to the ICS talks in Abu Dhabi last week. But, despite their strong statements, the US negotiators appear to be in accordance over zero implementation of IAIS's capital accord and the potential to move forward with compromise. Sarfraz Thind reports

  • Denmark's Gefion gets €6m capital boost

    11 October 2019

    The need to increase Gefion’s capital position became apparent after regulatory intervention

  • In the Spotlight: Gefion Insurance

    23 July 2019

    The Danish motor insurer is latest to require remedial action by regulator Finanstilsynet after deficiencies were identified in its capital and risk management practices. David Walker reports

  • Six EEA insurers report sub-100% solvency ratios

    11 July 2019

    Analysis by Insurance Risk Data shows UK, Czech, Irish, Cypriot and Danish firms fail requirements

  • Eric Cioppa, the regulator's regulator

    10 January 2019

    Maine's superintendent of insurance has taken on the mantle of NAIC president for 2019. He talks to Sarfraz Thind about regulatory priorities and how he will marshal the 50 states to reach a common view

  • 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