Exploring the regulator's approach to risk culture

Using the theory of plural rationality, Dave Ingram, Michael Thompson, Alice Underwood and Elliot Varnell describe how the various approaches to insurance and financial regulation deal with risk - and how they cope in a crisis


Hamilton Re creates CRO role

Peter Skerlj is reinsurer's first chief risk officer


Lloyd's profits hit £3.2bn

Competitive pressures to remain in 2014, chairman warns


BCR "not about imposing Solvency II on the world"

But it will use EU's liability valuation approach, says Julian Adams


RSA's Irish losses - bad luck or bad management?

RSA's risk management was put under the spotlight last year by a host of unfortunate events, not least an accounting scandal that contributed to a £200m loss at its Irish division. Exonerated by external auditors, the incident has nonetheless raised questions around RSA's risk culture. Sarfraz Thind reports


NAIC calls for US to wield influence at FSB

National Association of Insurance Commissioners wants bolstered US participation


Regulatory change to increase reinsurance buying

But North American CFOs say they are unlikely to use different structures


Prudential starts reporting capital on Solvency II basis

Solvency II coverage ratio of 257% slightly less than IGD ratio of 280%


Solvency II equivalence rules seen as "provocation" by US reinsurers

US reinsurers may be disadvantaged compared with European peers


Rothesay Life completes £123m pension buy-in

First deal since acquisition of MetLife's £3bn UK bulk annuity portfolio