L&G chief Nigel Wilson to retire

Wilson has served as CEO of the UK life insurer and asset manager since 2012


ILS manager Twelve Capital expands into life business with Farsight Partners

Farsight is led by former Securis chief underwriter Paul Whiting


Open exposure data standards: heading for the big switchover

Oasis's Dickie Whitaker welcomes move by Aon and reinsurers to push the OED standard


Don't overlook traditional risks, Ivass tells Italian insurers

Climate risk and operational resilience are key issues for Italy's regulator in 2023


US P&C market is capital-constrained in pockets, but not overall

High-risk property and property-cat reinsurance are areas of stress, says Robert Hartwig


ABI backs plans for UK resolution regime

The association welcomed the recognition of differing capital structures and risk profiles


Penny James steps down as Direct Line CEO

Jon Greenwood will take over as acting CEO


Scor replaces CEO Rousseau with Swiss Re's L├ęger

Another twist in the French reinsurer's succession plan


US P&C insurers set for first annual underwriting loss since 2017

Insurers hit by motor and cat losses in 2022 as inflation bites


BMA publishes 2023 business plan

Formalising DEI and ESG approaches are a key priority


Dutch regulator pinpoints inflation as key risk in 2023

DNB said 2022 also highlighted the importance of liquidity and credit risk management


Need to speak a common language on ESG data, say re/insurers and brokers

The Better Insurance Network and Oxbow Partners analyse ESG data challenges and solutions


UK consults on proposed insurer resolution regime

Bail-in and temporary public ownership among the options for stabilising failing firms


Swiss Re CorSo promotes CRO Nina Arquint to CEO for EMEA

She has headed its risk management and actuarial reserving team since 2019.


European insurers call for clarification on sustainable finance framework

Insurance Europe was responding to a call for evidence on greenwashing


Climate risk most pressing issue for US insurance regulators in 2023

NAIC to be "more focused" in developing state guidance this year, says Deloitte


Belgium's insurance regulator targets liquidity and credit risk in 2023

Monitoring the macro-environment's impact on insurers will also be a core focus


RMS estimates up to $1.5bn insured loss from California flooding

Extratropical cyclones hit the state in December 2022 causing severe infrastructure damage


Nippon Life commits extra $1bn to Resolution Life

Brings Japanese life firm's total investment in Clive Cowdery's consolidator to $1.65bn


Topdanmark predicts tougher 2023 despite inflation peaking

Danish insurer will no longer use the Solvency II volatility adjustment after life business disposal