Fry joins Novae as CFO

Former Guy Carpenter COO takes over from Oliver Corbett


US advances on new formula for life insurance reserves

NAIC adopts valuation manual for calculating life firms' solvency capital


Donelon elected as NAIC president

Dealing with aftermath of Sandy will be a top priority


Demand for new cat bonds "excellent", despite Sandy

Goldman Sachs comments following issuance of $400m bond for USAA


Basel III not right for insurers, says NAIC

US bank-centric rules could cause an overreliance on capital


Willis forum to research indices of riskiness

Current economic capital figures cannot answer all risk-related questions, says Stricker


Risk analytics grows in importance for insurers

Insurers agree that risk analytics has improved their decision-making and risk monitoring, but not many assess their risk analytics capabilities as leading edge, according to a survey from Accenture. Here, InsuranceERM summarises notable findings of the report, including insurers' sizeable investment plans and a lack of model maturity confidence


Aon Benfield announces ReMetrica updates

Teamsite will be released in December


Swiss Re estimates Sandy bill at $900m

Overall market losses expected to be $20bn-25bn


Insurers should grasp opportunities from climate change

Global warming will drive new product development, PwC says in video interview with InsuranceERM