risk transfer News

Iowa Judge: ‘Shadow Insurance’ Documents Are Confidential

An Iowa judge has ruled that the details of “shadow insurance” subsidiaries created by several life insurers can remain confidential. Indiana University professor emeritus Joseph Belth sought the documents last year under Iowa’s open records law, saying he believes they …

Lloyd’s Report Aims to Reduce Dangerous Liability Risk Accumulation

Lloyd’s has issued a new report, addressing the “accumulations of liability risk,” which indicates that they “have the potential to send shockwaves through the insurance industry and are one of the most complex exposure management challenges faced by insurers.” The …

Industry Expertise, Data, Capital Can Help Reduce Global Disaster Risks: Interview

Margareta WahlstrΓΆm, the UN Secretary General’s special representative for disaster risk reduction, and Rowan Douglas, Willis CEO for capital, science and policy practice, have been hard at work preparing for a series of conferences and meetings dedicated to integrating the …

Florida’s Citizens Eyes Risk Transfer While Lawmakers Plot Changes

Florida’s largest homeowners’ insurer has set the goal of moving at least $1 billion in risk back to the private capital markets while looking to lawmakers to make statutory changes that will assist the insurer in its depopulation efforts. Speaking …