The Bermuda Monetary Authority reports a 50 percent year-on-year increase in new insurance registrations for Bermuda in 2011, with 54 new insurers recorded compared to 36 by the end of December 2010.
Corporations that have captive-insurance companies domiciled in Europe need to be aware of the implications of Solvency II proposals, which could significantly increase the capital and compliance burden of European captives, according to a report by Fitch Ratings.
Corporations that have captive-insurance companies domiciled in Europe need to be aware of the implications of Solvency II proposals, which could significantly increase the capital and compliance burden of European captives, according to a report by Fitch Ratings.
While the Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesnt go far enough, according to an industry expert.
While the Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesnt go far enough, according to an industry expert.
Corporate risk managers looking to protect their propertyand by extension, their organizations overall financial stabilityshould consider looking at their facility risks through an engineering perspective, according to one catastrophe-risk expert.
The reinsurance industry his past year weathered near-record catastrophe losses, catastrophe-model changes and the pressures of a challenging macroeconomic environment, but unlike 2005, reinsurers were prepared in 2011, according to a report by Guy Carpenter.
The reinsurance industry his past year weathered near-record catastrophe losses, catastrophe-model changes and the pressures of a challenging macroeconomic environment, but unlike 2005, reinsurers were prepared in 2011, according to a report by Guy Carpenter.
Corporate risk managers looking to protect their propertyand by extension, their organizations overall financial stabilityshould consider viewing their facility risks from an engineering perspective, according to one catastrophe-risk expert.