The Bermuda Monetary Authority appointed Andrew Gibbs, a chartered accountant and insurer with 27 years of experience in the Bermuda market, as its new director of insurance supervision.
Signs emerged at a House hearing that majority Republicans on the House Financial Services Committee will demand far more industry skin in the game as their price for reauthorizing the Terrorism Risk Insurance Act.
Signs emerged at a House hearing that majority Republicans on the House Financial Services Committee will demand far more industry skin in the game as their price for reauthorizing the Terrorism Risk Insurance Act.
Reinsurers are adapting to the threat posed by alternative capital by expanding their presence in the capital markets themselves, especially with sidecars and insurance-linked securities, according to two recent reports.
See charts and analysis breaking down the 2013 performance of five P&C subsectors: commercial diversified, regionals, specialty commercial, personal writers and reinsurance.
See charts and analysis breaking down the 2013 performance of five P&C subsectors: commercial diversified, regionals, specialty commercial, personal writers and reinsurance.
Property and casualty insurers and reinsurers 2013 first-half profitability grew compared to the same period in 2012, but the current pricing cycle may be reaching its peak, a new report says.