News

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AIR Worldwide warns of likely $4.6bn Florence insured losses

Florence was downgraded to a tropical depression earlier this week but still brought destructive flooding

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Still room for SFCR improvement, BaFin tells industry

German regulator says improvements are evident in second year of reporting, though

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New business drives 19% EV growth for Asian life insurers

EV growth across Asia in 2017 ranged from 10% to 28%

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PRA highlights underwriting and reserving worries within actuarial function

Issues include insufficient challenge, independence and objectivity

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KPMG promotes Simon Ranger to lead UK insurance

Simon Ranger previously held roles at Deloitte and Prudential UK

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Marsh & McLennan swoops for JLT

The mega deal will combine two of the largest insurance and reinsurance broking groups

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Insurers facing $2.5bn Florence bill

Tropical depression Florence continues to pose a major flood threat in North Carolina

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Chinese insurers' C-Ross compliance pays off

But firms are still exposed to risky investments

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Florence flood threat continues to grow

The former hurricane, now downgraded to a tropical depression, to impact US East Coast

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'Silent' cyber risk concerns grow across insurance lines

Over 60% of insurance experts expect higher cyber-related losses over next 12 months

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AMP took life premiums from dead customers, Royal Commission hears

Inquiry had summoned Australian insurer for a second time

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Industry veteran O'Brien joins FTI Consulting

Former RPC and EMB managing partner hooks up with global consultancy

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Japanese typhoon set to cost insurers up to $5.5bn

At least 17 people were killed by Jebi

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Australian health industry gets new prudential standards

Regulator issues rules on governance, board membership and audit

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Florence makes landfall in North Carolina

The cyclone crossed the coast in Wrightsville Beach area

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China Re to acquire speciality insurer Chaucer

The Hanover sells out in $950m deal

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German MEP backs Eiopa for “mystery shopping” practice on insurers

Sven Giegold proposes spying to extract information on market abuse

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Reinsurers see regulation shifting from "maximum" to "optimum"

Chief executives in Monte Carlo welcome moves from regulators that will encourage growth

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MEPs push for Eiopa dominance

Parliament’s proposals bring convergence and ESG to the spotlight

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Florence downgraded but flood risk remains

The cyclone has been reduced from category 4 to category 2, but still poses severe risks