Certainty, proportionality, common sense: what the industry craves from regulators in 2012

Leading CROs and consultants give their views on how regulators and politicians may handle outstanding Solvency II implementation issues this year; on business strategy in response to this; and on the outlook for natural catastrophes. Here is a compilation of responses to the questions InsuranceERM asked experts just before Christmas


Cat losses and economic woes dominate January renewals

Willis Re report says market increasingly segmented


"Expect more creative reinsurance structures to be used in Europe"

There's also an opportunity for reinsurers outside Europe to reinsure European risks, says Pete Thomas


"Regulators should note industry resilience in a catastrophic year"

They should build this into their thinking on systemic risk, say Andrew Cox


Chartis obtains $575m cat reinsurance

Deal is more than double protection originally sought


Cat XL is cost-effective for all but the most extreme mortality risks

Under Solvency II the biggest cat capital charges are attracted by pandemic and terrorism risks. Anny Sun explains how more precise modelling of these is developing and why catastrophe excess-of-loss cover remains cost effective in mitigating extreme mortality events (except for pandemics).


NAIC passes landmark model reinsurance law

Will allow reduction in collateral requirements for non-US reinsurers


CEA opposes US tax on foreign re/insurers

European federation and US industry groups dispute effects of Neal bill


Lloyd's wins reduced collateral in Florida

Decision follows earlier New York decision


Reinsurer capital remains strong as challenges mount

Uncertainty ahead of next year's renewals, Guy Carpenter reports