Subscribe to InsuranceERM to benefit from:
- In-depth special reports and analysis
- Commentary and insight from leading industry specialists
- Discounts for InsuranceERM events
© Field Gibson Media Ltd 2022
Subscribe now
USA Focus
News
Allianz GI barred from US after "massive fraudulent" Structured Alpha scheme
Asset manager transfers $120bn assets to Voya IM, pays $6bn in fraud case
Manulife warns of 10% earnings hit from IFRS transition in 2022
CSM adoption will lead to a 20% decrease in equity, Canadian insurer says
Bermudian insurers remain deficient in climate modelling
Majority of insurers not using vendor cat models for climate projections, the BMA finds
S&P winds back on some insurance capital rating proposals
Agency responds to concerns on new rating model
US insurers slam S&P's "excessively conservative" capital model review
ACLI submits 41-page document to outline concerns
US lawmakers urge insurers to stop fossil fuels business
Letter from Democrats sent to insurers including Chubb, Berkshire Hathaway and AIG
Russia is largest source of cyber-attacks, says Greenberg
Chubb says no increase in cyber-attacks through war as it limits exposure to conflict
S&P to release new capital rules by late Q3
Agency may make changes as it faces heavy criticism
Abir slams "disruptive" and "anti-competitive" S&P rating proposals
Bermudian insurance body calls out S&P for overuse of power on debt capital rules
NYDFS issues warning on insurance acquisitions
Minority holdings of less than 10% still subject to "control" oversight rules
Tesla insurance turning claims process into a "dream", says Musk
Car manufacturer plans to expand telematics-based insurance beyond US
US insurers applaud litigation disclosure requirement
APCIA says litigation transparency needed as social inflation threat grows
Insurers cannot "simply deny" coverage for fossil fuels, Chubb's CEO says
Greenberg says move out of fossil fuels dependent on development of alternatives
NAIC gives states until September to adopt reciprocal reinsurance laws
Ten US states still to adopt covered agreement for collateral relief
Travelers reports nearly 50% jump in revenues in Q1
Bellwether for US insurance market benefits from lower catastrophe losses
Analysis
Sarah Williams cultivates new risk strategy at Guardian Life
Sarah Williams found a new job and a new hobby during the pandemic. Now chief risk officer at Guardian Life - and a keen gardener - she is planning to make both flourish, as she explains Ronan McCaughey
The US climate split
The knives are out on what US insurers need reveal about their climate-related exposures. Sarfraz Thind reports
LDTI takes a bite from insurer balance sheets
US insurers have begun disclosing the impact of 2023's new accounting standard, proving beyond doubt it will be one of the biggest shifts in accounting rules in years. Sarfraz Thind reports
S&P's capital model review: this could hurt
The rating agency's review of its capital methodology could leave insurers facing the prospect of rating changes and possible capital raising pressure, as Sarfraz Thind reports