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Berkshire Hathaway Specialty Insurance says it has hired broker relationship expert Lori Spoon Rafkin as its senior vice president of customer and broker engagement.
Traditional reinsurers have taken defensive actions against alternative-capital competition, meaning the increased supply of capital created through insurance linked securities (ILS) is chasing slower growth in demand, especially in the U.S. Property Catastrophe insurance market, a new report says.
Traditional reinsurers have taken defensive actions against alternative-capital competition, meaning the increased supply of capital created through insurance linked securities (ILS) is chasing slower growth in demand, especially in the U.S. Property Catastrophe insurance market, a new report says.
Insurers, even those which operate thrifts, will be temporarily exempt from new tighter capital standards imposed on larger financial institutions under the Basel III capital regimen.
Insurers, even those which operate thrifts, will be temporarily exempt from new tighter capital standards imposed on larger financial institutions under the Basel III capital regimen.
The Financial Accounting Standards Board last Thursday issued for public comment a controversial proposal that would change financial reporting of insurance contracts, fundamentally reconstructing the measurement of insurance liabilities and income as they are reflected in income and earnings statements.
The Financial Accounting Standards Board last Thursday issued for public comment a controversial proposal that would change financial reporting of insurance contracts, fundamentally reconstructing the measurement of insurance liabilities and income as they are reflected in income and earnings statements.
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