Gen Re's Tad Montross: why we need Solvency III

Solvency II has focused too much on modelling and should be revisited, says Gen Re CEO Tad Montross. He tells Sarfraz Thind about "model mania", risk culture and how to run a reinsurer in a chronically soft market


TSR predicts quieter US hurricane season

Activity may be 40% below recent norm


United Guaranty names Parrent as CRO

Joins mortgage insurer from AIG


Reinsurance pricing continues to fall

Third-party capital is driving market, says Aon Benfield


Emerging risks survey reveals "post-crisis" thinking

This year's poll of North American risk managers shows a shift in concern away from the economic crisis and towards issues such as regulatory change and cyber risk. Christopher Cundy speaks to its author, Max Rudolph


CROs see their authority expanding

Regulatory concerns rising, says EY survey


Enstar completes Torus acquisition

Patrick Tiernan will be the insurer's new CFO


Ex-Endurance actuary appointed Watford Re CRO

Reinsurance start-up to direct third-party capital to multiple insurance lines


Reinterpreting the role of the CRO

Despite the growing presence of chief risk officers (CROs) in the senior management teams of European insurers the industry is a long way from a common view of the role, and universally deriving value from it, say Mike Wilkinson and Patricia Mackenzie.


FSB remains set on regulating re/insurers

Capital standard development on track for November