All Regulatory articles – Page 14
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Allied World Re assigned "A" rating
The ratings receive enhancement based on the tangible support provided by its parent, says AM Best
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Analysis
Calls for a global regulator
Supervisors will join forces to create a global set of standards
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Gallagher Re sale to Aon completed
The UK transaction had been subject to certain conditions which have now been fulfilled
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Lloyd’s pushes into Eastern Europe
Lloyd’s has appointed representative Witold Janusz in a bid to gain its license in Poland
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Whittington appoints John Loudon as non-exec chair
Former chairman, Edward de Jager, will remain as an active non executive director
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Max Capital outlook revised to positive
Max Capital Group will be positioned for an upgrade in about 18-24 months, says S&P
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S&P: Insurers to finally embrace ERM
2008 will mark the year that insurers finally get to grips with enterprise risk management
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AIG settles in Pennsylvania probe
AIG has reached a settlement with the Pennsylvania Insurance Department relating to the investigation into the affairs of the company and its subsidiaries.
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Analysis
WIF: Credit crunch should not inform Solvency II
Insurers have dealt effectively with systemic risk, insists Jacques Aigrain at the World Insurance Forum
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Scottish Re suspended by NYSE
Scottish Re has received notification from NYSE Regulation that its common stock and 7.25% non-cumulative perpetual preferred stock will be suspended.
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Analysis
Sheriff steps down
Spitzer's probe meant brokers and insurers lost consumer confidence, says Ben Cook
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Eliot Spitzer resigns
The "Sheriff of Wall Street" steps down after sex scandal revelations
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Solvency II will lead to insurers downsizing
Solvency II could result in more than 25% of Europe’s insurers having to reduce scale, reduce risk, or merge, according to a report by S&P.
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Flagstone buys stake in South African reinsurer
Bermudian reinsurer will acquire 65% of Imperial Reinsurance Company
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Eliot Spitzer in prostitution scandal
The man who outlawed contingent commissions issues a public apology for hiring a prostitute
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Underwriting Risk Services launches Italian operation
Talbot Risk Services Italia will trade as a Lloyd's coverholder under the auspices of URSL
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Amlin Bermuda to replace underwriter
Rob Wyatt will replace John Andrews as underwriting director before 2009
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Features
Ready for takeoff
The Gulf insurance market is set to double in the next three years to reach $4bn. Geoff Bromley takes a look at what is driving this incredible growth.
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Industry Matters
Paradise threatened?
Steven Ader asks if Bermuda can survive in the face of fierce competition.
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Analysis
Troublemaker or lifesaver?
Allstate has managed to both irritate state regulators and delight its shareholders in the past 12 months. Nick Thorpe delves into the background of this insurance behemoth.