The ACE Group announced today the availability of a new report that identifies the potential impact of the European Union’s Solvency II regulatory requirements on captive insurance companies and offers an alternative insurance structure for risk managers of multinational companies …
Aon Benfield’s Analytics’ Market Analysis team has launched its latest Lloyd’s Update report, covering the market’s financial performance in 2010 and business position in 2011. Key findings contained in the report were summarized as follows: • Lloyd’s reported a 43 …
Standard & Poor’s Ratings Services has published a report, which concludes that the Indian non-life insurance sector has “substantial growth potential because market penetration remained low–leaving significant room for further growth.” S&P’s article – “The Indian Non-Life Insurance Sector Is …
There is “growing pressure” to support increased rates in property/casualty insurance and reinsurance markets, rating agency A.M. Best has concluded in its most recent market analysis. As a consequence, Best said it is maintaining its stable rating outlook for the …
Global businesses do not understand the intellectual property risks facing their organizations or the value of their intangible assets, a new report says. Three-quarters of organizations are unable to identify the proportion of their firms’ value that could be attributed …
Although it has been coming for more than 10 years, the European Union’s Solvency II regulations covering the community’s insurance industry is now virtually around the corner. Over the years there has been a great deal of discussion centering on …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., notes that it will be “highlighting how recent natural hazards – coupled with Solvency II – have fuelled demand for more in-depth evaluation of catastrophe models,” at its …
In an article published on its web site Standard & Poor’s Ratings Services said it has outlined its “updated enterprise risk management (ERM) opinions for all of its rated North American and Bermudan insurance companies. “An insurer’s ERM program is …
A new special report, compiled by A.M. Best, concludes that the string of major catastrophes, a persistent soft market and the near exhaustion of excess reserves have placed global reinsurers at a “critical” point. The rating firm said that the …
The first quarter of 2011 reminded the insurance industry of just how unpredictable natural catastrophes can be. Beazley plc, which is headquartered in Dublin, but whose main activities, are in the Lloyd’s market, and increasingly in the U.S., saw Q1 …
