LEGAL & REGULATORY
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Insurance supervisors want wider transparency and disclosure on climate risk and not just greenwash. -
The watchdog’s new product governance rules could be a catalyst for big change in the UK general insurance market.
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What natural disasters and calamities aren’t doing in New York, the state’s legislature just might.
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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.
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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.
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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.
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Ubiquitous “forever chemicals” could pose an unprecedented liability claims threat, risk experts warn
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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
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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
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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.
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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.
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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.
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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.
