Reinsurance

New York Becomes First State to Mandate Climate Models Members Public

New York becomes the first state to details in expectations for insurers when it comes to climate change, and model scrutiny is a linchpin.

Chris Westfall
insurance

Disasters Are "Not Very" Bad for Banks Members Public

Developing nations sell citizenship to fund catastrophe cover and the the NFIP flood policy has solid models and a big price tag.

Chris Westfall
insurance

Lawmakers Cross the Aisle For US Catastrophe Bond Bill Members Public

During a period of partisan wrangling, House Democrats and Republicans have come together over insurance-linked securities.

Chris Westfall
insurance

State Regulators Move Ahead With Catastrophe Model Oversight Members Public

While falling short of the initial catastrophe model “warehouse” concept, the industry still remains skeptical of the NAIC initiative.

Chris Westfall
regulation

No Catastrophe Expansion “At Any Price”: Axis Capital’s Benchimol Members Public

CEO Albert Benchimol is determined to reduce volatility in earnings from increased catastrophes.

Chris Westfall
Reinsurance

Arch May Put Brakes on Buybacks In Favor of Reinsurance Members Public

With P&C returns getting “attractive”, the Bermuda-based company is keeping its capital options open.

Chris Westfall
Reinsurance

Australia Building Blast Models for Terrorism Reinsurance Program Members Public

The government-backed reinsurer has hired Risk Frontiers and Finity to assist.

Chris Westfall
Catastrophe Models

Small Insurers Shunning Terrorism Reinsurance Members Public

Double digit increases in reinsurance premiums may be causing a “gap” in terrorism cover for small insurers.

Chris Westfall
insurance