Risk Management

The low interest rate environment is increasing pressure on Allianz to cut costs because it undermines the insurer's ability to earn adequate returns on investment, Chief Financial Officer Oliver Baete said.

A private catastrophe bond has been listed on the Channel Islands Stock Exchange, the first time such a deal has been made fully tradable in the secondary market.

Mobile-home owners in Florida insured by the states residual property insurer will see rates rise by an average of 0.3 percent, the states Office of Insurance Regulation said late yesterday.

The Global Federation of Insurance Associations, a group of 31 associations representing 87 percent of the insurance business globally and much of the U.S. industry, formally established itself as an association and held its first meeting today in Washington at the headquarters of the American Council of Life Insurers.

The market for catastrophe bonds has boomed in the past year and is likely to keep growing as investors search for higher returns.

The market for catastrophe bonds has boomed in the past year and is likely to keep growing as investors search for higher returns.

The European Commission may draw up rules for rescuing and closing down failing clearing houses and insurers, as regulators across the world seek to prevent collapsed businesses from wreaking havoc in financial markets.

Halloween is a fun time of year with costumes, pumpkins and decorations. But what makes Oct. 31 so entertaining also makes the holiday dangerous.