Neal Bill: rumble of the jumbos
September 2010
The elephantine battle between US insurance companies wanting to close the ‘Bermuda loophole’ and reinsurers fearing an unfair tax could drastically affect the American consumer
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In this issue |
News Analysis
September 2010
The elephantine battle between US insurance companies wanting to close the ‘Bermuda loophole’ and reinsurers fearing an unfair tax could drastically affect the American consumer
September 2010
The IASB’s proposed new accounting standards aim for improved consistency and transparency. However, we should expect more volatility in insurers’ results, and the market will need time to adjust to the changes to income statements
News Agenda
September 2010
Criticised for failing to predict the banking crisis and for the simplicity of their financial strength models, has the illusion of power wielded by the rating agencies finally been broken?
People & Opinion
September 2010
The PML concept is a fundamentally flawed approach to catastrophe risk management, argues Karen Clark, pointing to a lack of scientific data and an inability to adapt to large, complex organisations. So what measure should be used to assess...
Profile
September 2010
He may have a tough act to follow, but incoming PartnerRe boss Costas Miranthis isn’t sweating it. Taking time out from a well-deserved holiday, he talks about staying calm and cautious – after all, even small steps can lead to new directions
Cedants
September 2010
With plenty of capacity and a continuing soft market, the 1 January renewals should hold no surprises. But, talking to cedants in the run-up to Monte Carlo, we discover that meeting the needs of reinsurance buyers is about more than just...
Lines & Risks
September 2010
Marine rates threaten to plummet to new lows as a result of overcapacity and a lack of major losses. We navigate the stormy seas of today’s market
Claims
September 2010
The increasing frequency and severity of floods mean that more people want insurance cover. However, the risks and costs are soaring. Will companies rise to the challenge?
Country Focus
September 2010
The global financial crisis barely registered on Brazil’s radar and now, as the country invests in a sporting future, opportunities abound for reinsurers
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