MetLife in line for systemically important designation

CEO says firm is no threat to financial system


Axis estimates tornado, hailstorm and flood losses

Pre-tax losses from cat and weather events for Q2 of $140m


New capital muscles into the reinsurance business

Hedge funds, pension funds and wealth managers are among the newer investors reshaping the way that reinsurance operates and prices risk. These non-traditional investors like the returns available and the lack of correlation with other capital markets. But do they fully appreciate the risks? Sarfraz Thind reports


Twelve Capital hires leading risk management academic

Markus Stricker joins Swiss insurance investment firm


Phoenix breathes new life into its actuarial systems

The UK closed-fund consolidator has replaced its myriad modelling systems with just one, in a huge three-year project that is said to have been on time and on budget. For Phoenix, the project was not only operationally necessary; it was a strategic imperative. InsuranceERM explains


Prudential Financial appeals "systemically important" designation

No word on whether AIG is also appealing


Munich Re cat bond includes Australian cyclone risk

Investors snap up $75m bond also covering US hurricane perils


Emerging risks test re/insurers' monitoring systems

In an ever more complex, interconnected and fast-moving world, the task of spotting the emerging risks that could have critical impacts on insurance companies is becoming harder. Christopher Cundy reports on how firms are tackling the issue


Reinsurers to wait another year for G-SII status

Insurers to be named next month


AIR releases pandemic flu model

Model includes more than 18,000 simulated events