Howard Mills is a Senior Advisor at Deloitte. Recently, he spoke with WRIN.tv about issues surrounding capital in the (re)insurance industry, as well as global and U.S. regulatory efforts to develop appropriate capital standards. Mr. Mills says the impact of “new capital” coming into the insurance market is a key issue in 2015. He wonders if new entrants into the …

WRIN.tv’s Monday Morning Headlines, compiled by SNL Insurance, is a video digest of the news you need to know about the U.S. Insurance industry. Today’s Monday Morning Headlines: NAIC to give IT guidance re: Cybersecurity for insurers Fla Governor gets advice from lobbyist re: new insurance commissioner PartnerRe/AXIS Capital merger to create 5th largest P&C reinsurer ACE CEO Greenberg: consolidation …

Last week on WRIN.tv… Monday Morning Headlines from SNL Insurance featured President Obama  State of the Union The Department of Homeland Security and a cyber incident repository for insurance companies The New York Department of Financial Services and IT exam guidance for insurers The NAIC’s announced a new  chair for its International Insurance Relations Committee KKR’s deal to acquire QBE’s …

World Risk and Insurance News speaks with Roger Morris from the National Insurance Crime Bureau about developments in workers camp fraud, cybercrime, auto theft and medical fraud.  Among the hot topics he discusses: “Malingering” driving up workers comp fraud in the U.S. Insurance Industry wants NICB to get more involved in cybercrime Vehicle theft is down, though non-traditional theft is …

As part of the First Monday series, A.M. Best’s Vice President Stephen Irwin discusses the rating agency’s rationale for a “Stable” outlook for the Life/Annuity sector. According to Mr. Irwin, the “Stable” outlook is due to “a number of positive signs including the improving U.S. economy, relatively low inflation, improving employment picture…(and)  very low credit impairments, which is a positive to reported …

In a recent edition of First Monday series, A.M. Best’s Managing Senior Financial Analyst Greg Reisner discusses the rationale for the rating agency’s “Negative” outlook for the global Reinsurance sector. According to Mr. Reisner, “We have the same three themes we have had for a while, pressure on rates….low yield environment and…earnings dependent upon loss reserve development…”  Earnings have been …

Legislation and regulation, in the U.S. and internationally, remain top issues for the insurance industry. Here, World Risk and Insurance News (WRIN.tv) speaks with Leigh Ann Pusey, President & CEO of the American Insurance Association (AIA) about these and other issues. Ms. Pusey is considered by many to be a Washington insider. Here she says tax reform, cyber risk, foreign …

In a recent edition of First Monday, Sally Rosen, Assistant Vice President Life/Health, discussed the rationale for A.M. Best’s “Stable” outlook for the Health insurance segment. According to Ms. Rosen, “2014 was the first year…where many aspects of the Affordable Care Act came together…Overall. Health insurer earnings remain favorable…most have remained adequately or more than adequately capitalized for the level …

Monday Morning Headlines are compiled by SNL Insurance and produced by WRIN.tv as a weekly video digest of the news making headlines in the U.S. Insurance industry.  In this edition of Monday Morning Headlines: President Obama Talks Terror, Cybersecurity, Climate Change and ACA in State of the Union Address Dept. of Homeland Security Wants Cyber Incident Repository for Insurance Industry New York DFS to Issue Cybersecurity Guidance …

Last week on WRIN.tv… Monday Morning Headlines, provided by SNL Insurance, included: FSOC meeting to consider changes to SIFI designation process. MetLife taking opposition to its “premature” SIFI designation to court. The Federal Reserve is beefing up its insurance team. Lots of movement among insurance regulators at the NAIC,  as well as Pennsylvania and Texas And Aon Impact Forecasting reported  …

Peter Miller, President and CEO of The Institutes joined WRIN.tv during the Joint Industry Forum in New York to discuss the many changes affecting the underwriting discipline over the past few years, including the impact of technology, data and the opportunities they present to underwriting professionals. Top three factors affecting underwriters today all revolve around technology Telematics, data analytics and …

World Risk and Insurance News spoke with Brad Kading, President & Executive Director of the Association of Bermuda Insurers and Reinsurers (ABIR), during the recent Joint Industry Forum in New York.  He discussed the impact of the tropical storms that hit the island in October 2014, Bermuda’s efforts to seek Solvency II equivalence, NAIC designation of Bermuda as a “qualified …

In a recent edition of A.M. Best’s First Monday series, Vice President Rich Attanasio discusses the rationale for a “Stable” outlook for the Personal Lines segment. According to Mr. Attanasio, A/M/ Best’s stable outlook for Personal Lines “reflects robust risk adjusted capitalization, consistent performance in the auto line…as well as improving trends on the property line.“  In addition, insurers are using more …