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Insurance
Insurers and reinsurers are unlikely to be badly hit by the recent floods to hit Central Europe, which could be the worst since 2002. But a number of lessons could be taken from the recent losses, according to AM Best. 19 June 2013
Insurance
Poor liquidity, under-pricing, under-reserving, and management and governance issues are among the main recurring issues that have caused, and still are causing, the failure of rated and unrated insurers, according to a report published by Standard & Poor's Ratings Services. 19 June 2013
News
Experts have highlighted the growing importance rating agencies place on strong enterprise risk management (ERM) within reinsurers and how this criterion is now of critical importance for certain reinsurance groups. 12 June 2013
Awards
Reputation, efficiency and excellent client service are some of the qualities respondents say they seek in business partners across all areas of the reinsurance industry, according to a recent snapshot of answers received by researchers working on Intelligent Insurer’s annual Global Awards Survey. 11 June 2013
Insurance
Despite predictions of a rough hurricane season ahead for US insurers, the sector looks well prepared for such an eventuality according to A.M. Best, which notes that the industry’s collective balance sheet is hitting record levels even after Superstorm Sandy. 5 June 2013
Insurance
Endurance Specialty Holdings, a Bermuda-based property and casualty re/insurer has elected John Charman as the Company's chairman and chief executive officer, following the resignation of David Cash. 28 May 2013
Insurance
Berkshire Hathaway (BRK) has become the first high profile victim of Standard & Poor’s recent revision of the methodology it uses to evaluate insurance companies. 17 May 2013
Insurance
Standard & Poor's (S&P) says that, though delayed, the proposed European framework for insurance regulation, Solvency II, is still very much needed. 15 May 2013
Insurance
New criteria for rating insurance companies unveiled by rating agency Standard & Poor’s (S&P) this week is likely to result in ratings changes – including downgrades – but it’s not yet clear how many insurers will be impacted. 8 May 2013
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