Asia cats prompt reinsurers to re-evaluate risks

Reinsurers are increasing their non-proportional business in the region


Typhoon Haiku causes $230m insured losses

"Urgent need" for more natural catastrophe coverage in China


Top insurers lack understanding of capital modelling

Focus on compliance masks failure to see strategic benefits, says KPMG


Poland and Canada join IAIS memorandum

As well as the Isle of Man and Luxembourg


Japan's insurers under pressure

But would be resilient to shocks, IMF says


IRB Brasil Re and RMS agree deal on cat models

Highlights demand for cat bonds in Latin America, says RMS


RMS and Tokio Marine collaborate on cat models

Focus on earthquake and typhoon risk


IAIS to release ComFrame draft

Will launch on 2 July


Law firm RPC to open office in Hong Kong

Team of 40 will cover insurance, litigation and commercial work


Solvency II goes global

Solvency II, even before it goes live, is having an impact far beyond the 30 European countries it applies to. Three countries have applied for equivalence with the EU regime, eight others are interested in the transitional equivalence provisions and other countries are adopting some of the principles of Solvency II, as Lorna Davies reports