IAG hikes catastrophe cover by A$600m

Australian insurer looks to take advantage of favourable reinsurance market conditions


"A big shift towards insurers focusing on customer outcomes"

PwC's Jonathan Howe recalls the major talking points of 2013 and sets out insurers' challenges for 2014


Property cat reinsurance renewal rates fall 11%

Pricing dropped across all major territories for first time in over a decade, according to Guy Carpenter


AM Best holds ratings on insurers with excess US terrorism exposure

Uncertain future for US terrorism risk insurance programme


Solvency reform a priority for US regulators

US insurance supervision is inefficient and inconsistent, according to the Federal Insurance Office, which has made its long-awaited recommendations for reform. Among its prime targets are solvency regulation, reserving and treatment of captives. Christopher Cundy reports


NAIC approves four countries for reduced reinsurer collateral

Conditional qualification for Bermuda, Germany, Switzerland and the UK


ILS warning added to Eiopa's financial stability report

"Search for yield" behaviour and VIF monetisations under scrutiny too


Reinsurance pricing to drop after quiet hurricane season

Any extra profit from low catastrophe payouts likely to be returned to investors in 2014, says Fitch


Non-life re/insurance premiums to grow in 2014 says Swiss Re

Life reinsurance premiums expected to diminish in mature markets however


PIC reinsures £1.4bn of longevity risk

Bulk annuity provider managed longevity exposure after bumper 2013