QBE designated as an internationally active insurance group

Australian regulator Apra plans aligning its standards to those for IAIGs in a "measured" way


Axa establishes reinsurer in Australia

The unit is reported to be aimed at risks of troubled disability income line


AAE appoints chair for 2021

Wilhelm Schneemeier replaces Falco Valkenburg


Cracks in the normal distribution challenge CROs

Covid-19 is changing the way chief risk officers think and work. Eric Clapprood and David Sherwood talk to Sarfraz Thind about why CROs may need to focus on less extreme risks, and how they can adapt to the new normal


SAS launches LDTI tool for US insurers

The accounting change will be a major compliance shift for the US insurance industry


Re/insurers facing sixth consecutive year of major US wildfire losses

Multi-billion dollar payouts expected, says Aon


German insurers faced €3bn natcat bill in 2019

Costs fell for third consecutive year, GDV data shows


Lloyd's chief says Covid-19 is a "wake-up call" for insurers

John Neal says the current reputation of insurers is similar to banks during the financial crisis


COMMENT: How US insurers can make America green again

Ronan McCaughey calls on US insurers to show more leadership on climate change risk


Eiopa sets guidelines for supervising fairness and value of products

Key objective is to ensure consumer-centric approaches are implemented in practice