FEATURED INDUSTRY NEWS Legislation/Regulation P&C WRIN.tv Newswire Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO. Chuck Chamness, President and CEO of the National Association of Mutual Insurance Companies (NAMIC), says the industry can take a victory lap after renewal of the Terrorism and Risk Insurance Act (TRIA) for seven years. Social Inflation and “nuclear verdicts” are on everyone’s mind now, according to Mr. Chamness, and NAMIC is studying the causes and potential solutions to judgments … Read More
FEATURED ILS & Capital Markets REINSURANCE/ILS WRIN.tv Newswire Robust Reinsurance Market Not Without its Challenges – RAA CEO. “The reinsurance market continues to be robust” according to Frank Nutter, CEO of the Reinsurance Association of America (RAA). Brokers report that capital in the market has increased, and it was a relatively “low catastrophe” year. Among the concerns and challenges facing reinsurers, cyber exposure, the reauthorization of the Terrorism Risk Insurance Act (TRIA), and the retrocessional market. The industry … Read More
ILS & Capital Markets Recent Stories Reinsurance Markets REINSURANCE/ILS WRIN.tv Newswire Reinsurers look to economy, privatized flood insurance and cyber for growth. WRIN.tv speaks with Frank Nutter, President and CEO of the Reinsurance Association of America (RAA), about the state of the reinsurance market, capital growth, a US/EU covered agreement, and growth. According to Mr. Nutter, the market remains highly competitive. Capacity and capital increased in 2016, which contributed to rates being flat to down – a good thing for buyers. Capital … Read More
FEATURED RIMS report provides guidance on Political Risk With the violence that continues to be inflicted by ISIS, political turmoil in Argentina and Brazil, and Brexit shaking up the EU, predictions of global instability appear to be accurate. A new RIMS Executive Report entitled Decoding Political Risk Management, provides risk managers with a guide to tackling political risk. The report explores top concerns for global organizations including the characteristics of … Read More
Uncategorized World Risk and Insurance News – March 20, 2012 An EXCLUSIVE Interview with UK's David Ruffley MP; EU debates sanctions on Iran oil, IMF bails out Greece, Legislative Brief on Tort Reform. Read More