2402

Allianz places its largest ever cat bond

First takedown under new SPV with $240m volume

2376

Don't underestimate the challenges of workflow, governance and reporting

Internal model projects which from the start give at least equal weight to workflow, governance and reporting as they do to analytics advance more smoothly, argues Dr Andrew Aziz, who discusses with Allianz, ING and L&G the importance of addressing pillars 1, 2 and 3 of Solvency II in parallel

2321

Allianz realises "profit" on Greek debt swap deal

Holdings were written down to quarter of value in 2011

2320

XL hires property underwriting manager

Roland Brandt joins from Allianz

2289

Insurers report profits despite heavy cat claims

Allianz hits its profit targets

2232

Marine insurers struggle to model more extreme risks

The Costa Concordia disaster brought the issue of marine risk into sharp and tragic focus last month. Despite other similar accidents, insurers are struggling to model the impact of large loss events, Sarfraz Thind reports

2093

More insurers to be downgraded?

Allianz and CCR amongst those already downgraded by AM Best

2051

ABI issues guide to best practice for cat models under SII

Collaboration between association and 19 firms

1925

US coalition urges Congress to reform flood insurance

SmarterSafer encourages catastrophe bond usage

1873

More awareness of flood risk needed

Allianz says the costs of floods have risen from $5bn to $40bn in past 40 years, and floods now account for the majority of natural disasters occurring in any given year