Storm was second largest single catastrophe event for US insurer
Australia has succeeded where Europe has seemingly failed by implementing new solvency capital regulations for insurers in three years – with relatively few delays. The standards will be implemented on 1 January 2013 and follow a broadly similar approach to Solvency II. Lorna Davies reports
Catlin expects a $200m hit
Firm makes actuarial appointments too
Marsh outlines five-stage process to help understand risks
Insurer appoints head of capital management and three others
Will help insurer with Solvency II reporting
A CARE report is like an applied actuarial view of the ERM process, explain Andy White and Jeremy Waite who summarize the key features of a project on comprehensive actuarial risk evaluation undertaken by the IAA.