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South Carolinian Raymond Farmer confirmed as NAIC president for 2020
11 December 2019Replaces Eric Cioppa as David Altmaier appointed president elect
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Aflac CFO takes swipe at LDTI one-size-fits-all approach
11 December 2019Accounting standard will lead to a negative number in future earnings releases
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NY Life in talks to buy Cigna unit for $6bn
11 December 2019Deal hoped to be finalised by end of year
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AIG confident of 2019 underwriting profit as rate headwinds continue
11 December 2019CEO Duperreault talks legacy business, social inflation and underwriting at GS conference
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US eliminates reinsurer collateral for Bermuda, Japan and Switzerland
11 December 2019Three countries given "reciprocal jurisdiction" status
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New normal of low rates requires underwriting prioritisation
10 December 2019Hard to overestimate fear of recession on insurers, says EY
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US insurers in better place to meet LDTI
10 December 2019Deadline extension has helped but work required to meet daunting change, Deloitte says
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FSOC ratifies vote on activities-based approach to systemic risk
06 December 2019Move welcomed by life insurers’ association
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Cannabis insurance: ending the bad trip
05 December 2019Conflicting state and federal laws, uncertain pricing and novel risks have discouraged most insurers from participating in the cannabis market so far. But as the US edges nearer to federal legalisation, this could change. Sarfraz Thind reports
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AIG battles $100m bonus suit
26 November 2019Potential for further $800m US litigation