BI cases highlight uncertainty in renewals stand-off
The upcoming Thanksgiving holiday has thrown into relief the uncertainty remaining...
- Trading Risk / Article / 2 months ago
- www.trading-risk.com
Louisiana regulator issues emergency rule after Hurricane Laura
Louisiana Insurance Commissioner Jim Donelon has triggered emergency regulation covering 16 parishes to give policyholders increased flexibility around paying premiums and submitting claims...
- Trading Risk / Article / 5 months ago
- insuranceinsider.com
Regulators ready to gear up on London ILS: panel
Uptake of the UK ILS regime has been hampered by a number of factors but regulators are ready to help future transactions move more smoothly, according to...
- Trading Risk / Article / 5 months ago
- www.trading-risk.com
BMA: SPI collateral grace period doubled from previous guidance
The Bermuda Monetary Authority (BMA) has finalised its new guidance for Special Purpose Insurers (SPIs), including an extended grace period to put reinsurance collateral in place...
- Trading Risk / Article / 6 months ago
- www.trading-risk.com
UK regulator test case raises key points in BI debate
The UK Financial Conduct Authority test case for disputed Covid-19-related BI claims could have huge implications for primary insurers, according to sister publication Insurance Insider...
- Trading Risk / Article / 7 months ago
- www.trading-risk.com
ILS market partly insulated from Covid BI threat but challenges remain
Some corners of the ILS market are more insulated than others against Covid-19 business interruption (BI) claims being forced through, but challenges are emerging...
- Trading Risk / Article / 9 months ago
- trading-risk.com
Floridians positive on AOB reform but creep continues
Two of the five listed Florida carriers have said assignment of benefits reforms contributed to a major drop-off in lawsuits in the latter half of 2019...
- Trading Risk / Article / 11 months ago
- www.trading-risk.com
Irma and Dorian showed Florida reforms have not gone far enough: Panel
The Florida reinsurance market remains in need of reform after the mid-year renewals, as Hurricane Dorian's initial projected track highlighted the state's need to shore up more cover, a panel of experts argued...
- Trading Risk / Article / 1 year ago
- www.trading-risk.com
Regulatory bar on clawbacks a problem for ILS managers: Hilti
Regulatory restrictions on ILS collateral clawbacks could be problematic for ILS managers, Credit Suisse’s head of ILS Niklaus Hilti said...
- Trading Risk / Article / 2 years ago
- www.trading-risk.com
Citizens asks for increased reinsurance spend of up to $110mn
Citizens Property Insurance is to seek board approval to add 10 percent to its targeted reinsurance spend, taking its budgeted premium outlay to $110mn for the 2019 hurricane season...
- Trading Risk / Article / 2 years ago
- www.trading-risk.com