New York quizzes reinsurers on compliance with Iran sanctions

Firms face fines and bans for breaching new rules


Zurich collaborates on flood resilience research

Enters multi-year collaboration with US and Austrian academics


Insurers urge no reporting in Solvency II's preparation phase

Responses to Eiopa's consultation on the 2014-2016 preparation phase for Solvency II have come back with a strong message that the reporting is too burdensome and the ORSA should be stripped of its quantitative elements. Christopher Cundy reports


Bermudian insurers should escape Solvency II interim measures

Eiopa's preparation guidelines unclear on third-country supervision


Cat bonds record second highest H2 total

Expanding investor base driving demand, says Swiss Re


Nine global systemically important insurers named

The Financial Stability Board's designation of systemically risky insurers has brought howls of protest from the industry, but the impact on the nine firms is not easy to gauge. Christopher Cundy reports


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