The watchdog’s new product governance rules could be a catalyst for big change in the UK general insurance market.

What natural disasters and calamities aren’t doing in New York, the state’s legislature just might.

Nicola Parton, head of P&C Business Management at Swiss Re, explains how the rapid growth of third-party litigation funding could threaten the affordability – and even insurability – of some liability risks.

Ripples from the Task Force on Climate-Related Financial Disclosures will impact insurance asset management: from asset allocation and manager selection decisions to more onerous data management and reporting requirements.

The London Market Group wants to see nuanced refinement of the Solvency II UK regime. Unnecessarily burdensome requirements should be scaled back leaving what is actually important to clients, supervisors and firms.

Ubiquitous “forever chemicals” could pose an unprecedented liability claims threat, risk experts warn

The long-awaited arrival of IFRS 17 is now just 18 months away. The race is on to implement the major changes required and work out what the standard will mean in practice - not least for the bottom line

Many UK insurers want to break away from the more prescriptive requirements of the Solvency II regime, but the room for manoeuvre may be limited

Welcome to the third installment of a three-part series titled, "Profiles in Excellence," in which Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest.

Welcome to the second installment of a three-part series titled, "Profiles in Excellence," in which Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest.

Welcome to the first installment of a three-part series titled, "Profiles in Excellence," in which Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest.

In 2020, worldwide class action settlements tallied over $5.8bn, up from $3.6bn a year earlier – with 95% of those originating in the U.S.

Insider Engage gets the experts’ views on some of the biggest legal and regulatory challenges facing the (re)insurance sector in 2021 and beyond

It is to everyone's advantage to embrace this trend and settle for a fair number without the old-fashioned ritual dance. Plus: six things you must know when resolving cases during a pandemic.

With social inflation threatening to spiral ever higher in the US, could UK carriers see the cost of claims follow a similar trajectory?

D&O liability rates have already rocketed at recent renewals, but new board-level regulations on the horizon could raise the risk for company directors, putting further pressure on pricing

The frequency of costly claims will also continue to impact individuals seeking homeowners coverage.

Why a company’s ability to compel its workers to be vaccinated has become the “million-dollar question.”

Kenny McIvor presents Willis Towers Watson’s top five recommendations as made to the HM Treasury Call for Evidence on the review of Solvency II

Fitch Ratings says the ratings of UK non-Life insurers are unlikely to be affected by the Supreme Court's decision on the validity of business interruption claims related to COVID-19.

The UK regulator intends to make a “quick win” reform of capital rules for insurers after the Brexit transition period ends, according to a senior Bank of England official quoted by Reuters this week.

In the latest victory for insureds attempting to get insurers to pay out on COVID-19-related business interruption claims, the South African High Court has ruled against Santam, South Africa’s largest short-term insurer.

The Paris Commercial Court has ruled that former SCOR director Thierry Derez must pay €479,376 plus interest, in compensation for the damage his personal misconduct has caused the French reinsurer. The Covéa chair and chief executive resigned from SCOR’s board two years ago.

Steve Levy, President & CEO of Munich Re U.S., weighs in.

As the pandemic quickly spread to the U.S., risk managers had to assess their organizations’ business continuity plans to help identify next moves.

Bermuda has some of the highest international standards in combating money laundering and the financing of terrorism, according to the results of an intensive review.

U.S. state regulators/lawmakers are becoming increasingly concerned about how well insurers are managing climate-related risks.

Straight talk from Michael Hudzik, Swiss Re's Head of Underwriting Casualty, U.S. & Canada.

Travelers' Chris Williams weighs in on new U.S. federal guidelines updating the Fair Labor Standards Act.

Jennette Newman, Partner with law firm Clyde & Co and President of the London Forum of Insurance Lawyers, offers her feedback on the market’s “ambitious” prospectus.

Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest. John Pruitt, Partner at Eversheds Sutherland, serves as co-host for the interview.

Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest. John Pruitt, Partner at Eversheds Sutherland, serves as co-host for the interview.

Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest. John Pruitt, Partner at Eversheds Sutherland, serves as co-host for the interview.