Industry veteran John R. Charman will retire as chief executive officer and president after a decade at the helm of specialty-lines insurance provider AXIS Capital Holdings Ltd. The companys chief financial officer will take the role.
Fitch Ratings does not believe the introduction of a new regulatory regime such as Solvency II should change an insurers creditworthiness, but its effects on the competition, capital and management behavior could result in credit implications.
Ciro M. DeFalco, formerly interim chief financial officer at The Navigators Group Inc., has been promoted to senior vice president and chief financial officer
There has been a paradigm shift away from the state-versus-federal regulation debate in the U.S. to concerns about international regulatory proposals, according to the Property Casualty Insurers Association of America.
There has been a paradigm shift away from the state-versus-federal regulation debate in the U.S. to concerns about international regulatory proposals, according to the Property Casualty Insurers Association of America.
The insurance industry, with its increased use of better tools to assess risk and allocate capital, might see shortened market cycles than it is used to, according to an executive from Chartis.
The insurance industry, with its increased use of better tools to assess risk and allocate capital, might see shortened market cycles than it is used to, according to an executive from Chartis.