In Full: New York cybersecurity rule deemed excessive by industry
Insurers have raised objections to proposed New York state cybersecurity regulations, claiming the planned rules are too onerous and inflexible. The New York Insurance Association (NYIA) has called for the state Department of...
In Full: Insurers to withstand Brexit volatility
Rating agencies have agreed the impact of a UK exit from the European Union (EU) will be limited for European insurers, despite the credit implications for the broader economy...
In Full: Flood Re launches
UK floods minister Rory Stewart has called Flood Re a "fantastic step forward" as the government-backed flood reinsurance pool launches nationwide (4 April). Under the scheme, some 350,000 homes in flood-prone areas will benefit from affordable home insurance...
In Full: ‘Devil is in the detail’ for London’s ILS plans
George Osborne's plans to aid the development of London as a centre for insurance-linked securities (ILS) business must address specific issues such as the time needed to set up new vehicles, industry experts have said...