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CRO Forum lobbies on internal model use for ICS 2.0
"Hidden risks" and "pro-cyclical behaviour" if own models are not allowed
Profitability of insurance companies dropped in 2016
But overall firms are well capitalised, says Swiss Re
Risk-based capital a priority for new Hong Kong regulator
Insurance Authority's regulatory duties take effect today
MetLife praises passing of Financial Choice Act in House
Important step towards removal of FSOC authority, says chief Kandarian
IAIS appoints Paserot to head of capital and solvency
Remaining as deputy secretary general, will begin new role on 1 June
Ambiguities persist in covered agreement, says former NAIC president
NAIC unlikely to trash agreement via Congress but wants added assurances
Brexit an opportunity for competition between EU and UK regulators
PRA should better recognise state-based insurance regulation, says Trans Re chief
China broadens investigation into insurance regulator
Two more officials said to have been questioned after Xiang Junbo's "serious violations"
Swiss Re takes $350m loss from cyclone Debbie
First quarter net income down nearly 50% from last year to $656m
AIG takes $100m hit from Ogden rate cut
Partially offset by amortisation of deferred gain from Berkshire Hathaway reinsurance