All Risk Financing articles – Page 14
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FeaturesAre you breaking the law?
Nathan Skinner addresses the thorny problem of the legality of multinational insurance covers
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Online onlyCPP offers insurers competitive advantage: Chubb
P&C insurers should not be allowed to access the US government funds set aside for the banking bailout, said Chubb in a letter
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Online onlyReinsurance rates will harden in 2009
Due to major losses and more demand for capacity E+R Rück expects rates to rise significantly
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Online onlyUS insurers lose $11.5bn in Q3 catastrophe claims
Payout is the fourth largest Q3 loss since 1998, says ISO’s property claims service
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Online onlyMarket will turn: Munich Re
Increased demand for reinsurance in current financial climate could increase rates by double digit percentages
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Fitch downgrades ING Bank
Also revises the Group’s outlook to negative on the deteriorating economic environment
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Insurers team up to cover cyber risks
Energy mutual AEGIS has teamed up with Hiscox to write cover for data losses and breaches of privacy
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Online onlyFinancial crisis reinforces the case for Solvency II
EU should not water down the Solvency II directive or postpone the legislative process, said the CRO Forum
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Online onlySoft market despite hurricanes and financial crisis
RIMS survey also points to deteriorating results that may hint at a turn in the market
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Insurers and brokers warn of shrinking market
A majority of industry executives think the commercial insurance market could shrink over the next year
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Online onlyRIMS endorses Dinallo’s stance on contract certainty
Encourages other states to follow New York’s lead
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Albania opens its first insurance brokerage
MAI Insurance Group will offer broker services to the region, including the newly independent Kosovo
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Willis backs global earthquake model
The initiative is aimed at addressing earthquake risk where no reliable models exist
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Online onlyInsurers up for the economic challenge
Greater challenges lie ahead but the sector is confident and keen to take risks, says CBI
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Online onlySmarter risk management can help beat crunch: Marsh
Some simple actions around insurance and risk management can help free up cash for use in the business, says the broker
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Online onlyFitch cautious on credit insurers as bankruptcies rise
Credit insurers are expected to post lower net income in 2008
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Online onlyIndustry debates renewal of block exemption
Buyers are worried that removing the BER could trigger an increase in premiums
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Online onlyBuyers demand answers to conflicts of interest
Broker remuneration needs more transparency, say buyers at the FERMA Forum
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Online onlyInsurance could take reputation hit from downturn
While liquidity doesn't seem to be a problem the insurance industry is concerned about the knock on effects of the credit crisis, says the CEA
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