Catastrophe risk modeler Eqecat has scheduled July 15 as the date to release three significant revisions to its Worldcatenterprise 3.16 platform. The updates cover Eqecat’s North Atlantic hurricane model, its Canada earthquake model and its Asia typhoon model. These updates …
While the European Union is primarily focused on the approach of the Solvency II regulations in 2013, there are two additional regulatory bodies who are also considering some new rules that will affect not only the EU, but also the …
The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin at a recent conference in London sponsored by Insurance Day. Catlin made …
Solvency II, the European Union’s imminent imposition of new and more sophisticated risk based regulation of its insurers, may not be the only elephant in the room It is, however the main focus of a great deal of activity within …
The reinsurance world has always been a bit arcane, but rarely to the extent it appears to be right now. Henry Keeling, the president and CEO of Guy Carpenter’s international operations, noted at the European Insurance Forum in Dublin that …
The people of Ireland cheered up a bit following the back to back visits of Great Britain’s Queen Elizabeth II, and the President of the United States, Barack Obama, or O’bama as the name appeared in Ireland. No, neither visitor …
The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week at a conference in London sponsored by Insurance Day. Catlin …
The European insurance industry is becoming increasingly aware that the Solvency II regulations, which are scheduled to take effect as of January 1, 2013, will not only impose a different set of rules for the industry, but could also fundamentally …
Munich Re’s annual general meeting (AGM) produced some good news for the shareholders of the world’s largest reinsurer. It announced a dividend increase to €6.25 [$9.138] per share for the financial year 2010, up from €5.75 [$8.40] last year, more …
The UK’s Conservative government announced, even before it was elected, that it planned to reform the country’s financial regulatory system – for banks, investment providers and the insurance industry. On February 11, 2011 it released the proposals it has been …
