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US/Canada/Bermuda

Analysis

Insurers under fire for underwriting coal industry

Divesting from coal companies while continuing to underwrite them is a 'blind spot' of insurers' climate policies, according to campaigners. Cintia Cheong investigates what four insurers are doing about it

Political instability and what it means for risk management

The prevailing political environment has a significant impact on how re/insurers operate, so risk managers should respond to this current period of instability and uncertainty with new approaches, says Frieder Knüpling

IAIS's Kawai: "a financial crisis is triggered and spread because of entities"

The International Association of Insurance Supervisors is developing a cross-sectoral, activities-based approach to systemic risk identification. Although some insurers are hoping this will eventually replace entities-based designation, Yoshihiro Kawai stresses that this will not be the case. He spoke to Callum Tanner at the NAIC conference in Washington, DC on 15 May

Insights into an evolving ERM process

Janice Englesbe explains how Gen Re has changed its approach to enterprise risk management following the completion of its first ORSA in 2015

A death knell for the Sifi designation?

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

Turning liability into opportunity

There is growing evidence that exposure to phthalates has serious health impacts. Excluding phthalates from insurance contracts might be the natural response, but modelling the exposure could allow firms to see the risk as a business opportunity rather than a threat, as Praedicat chief executive Robert Reville tells Callum Tanner