The complex nature of energy risks means they are too often placed into the commercial insurance market o...
Florida Law Requires Post-Mortem on Insolvent Insurers, But Few Report...
Florida Law Requires Post-Mortem on Insolvent Insurers, But Few Reports Available
Florida regulators are required to perform post-mortem analyses on failed insurance companies, but few of the reports have been completed...
Article / 6 days ago
ABIR’s Huff: S&P’s new capital methodology proposal misuse of market p...
ABIR’s Huff: S&P’s new capital methodology proposal misuse of market power
As the consultation period for S&P Global Ratings' new insurer risk-based capital adequacy model draws to a close, John Huff, president and CEO...
Article / 25 days ago
Lloyd’s broker Corrie Bauckham Batts enters liquidation
Lloyd’s broker Corrie Bauckham Batts enters liquidation
Lloyd’s wholesale broker Corrie Bauckham Batts has entered liquidation, after a review by directors found the firm to be insolvent...
Article / 1 month ago
Don't create booms and busts with post-Brexit reforms, Bank of England says - Reuters
Requiring regulators to keep the financial sector globally competitive following Brexit must not bring back th...
reuters.com /
Article / 3 months ago
India: Insurers to carry out surety bond business wef 1 April
India: Insurers to carry out surety bond business wef 1 April
Finance Minister Nirmala Sitharaman has given the green light for the issuance of surety bonds as a substitute for bank guarantees in government procurement and also for...
Article / 4 months ago
Thailand: Regulator denies COVID-hit insurer is in liquidation
Thailand: Regulator denies COVID-hit insurer is in liquidation
The Office of the Insurance Commission (OIC) has clarified that Southeast Insurance has not been approved for liquidation, stressing that all insurance coverage by the c...
Article / 4 months ago
Receivership roll call, 2021
A total of 11 U.S. insurance companies were placed into liquidation in 2021, while another four went into reha...
Article / 4 months ago
India's Insolvency Reform Marks Progress; But Challenges Persist
India's Insolvency Reform Marks Progress; But Challenges Persist
India has made strides in resolving corporate insolvencies since the enactment of the Insolvency and Bankruptcy Code (IBC) in 2016, but challenges to speedy resolution persist, says Fitch Ratings in a...
Article / 4 months ago
India: Surety insurance guidelines take effect from 1 April
India: Surety insurance guidelines take effect from 1 April
The IRDAI has released final guidelines to regulate and ensure the orderly development of guidelines for surety insurance business, which will take effect from 1 April...
Article / 5 months ago
La. Commissioner Focuses On Insolvency After 2 Insurers Fall - Law360
La. Commissioner Focuses On Insolvency After 2 Insurers Fall - Law360
The past two hurricane seasons that damaged many areas of Louisiana have hit the Bayou State's property insurers hard, prompting the insurance commissioner to take a clos...
law360.com /
Article / 5 months ago