Reinsurance

While warning against imposing additional laws and new federal overseers on the insurance industry, Maurice Greenberg says rating agencies need government supervision, while credit default swaps should be regulated as insurance.

The Association of Insurance and Reinsurance Run-Off Companies has launched an arbitration procedure designed to expedite small and "less-complicated" claims between insurers and reinsurers.

Insurance regulators are proposing their own draft measure to Congress modernizing state oversight of reinsurance.

Munich Reinsurance Company said today it will resume its share buy-back program from Oct. 1 extending until its annual meeting on April 28, 2010 at the latest.

Leading insurer and brokerage executives, regulators and top analysts will address the major challenges.

The Association of Insurance and Reinsurance Run-Off Companies (AIRROC) said it has formally launched an alternate dispute resolution procedure.