All Editorial articles – Page 196
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Country Analysis
Cleaning up its act
One of the largest potential insurance markets in Europe is only just getting off the ground. James Hydzik discovers that Ukraine is shedding its shady image in an effort to establish a lucrative insurance industry.
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GR Focus
The cautious accountant
The demise of WorldCom and Enron, and the resulting Sarbanes-Oxley legislation, has revolutionised the way accountants and reinsurers interact, explains Mairi Mallon.
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SupplementsValuing run-off
The KPMG/Association of Run-Off Companies Run-Off Survey 2005 put the UK non-life run-off market at £38.4bn, or 23% of the total non-life liabilities, and the life run-off market at £135bn, representing 14% of the total UK life market.
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Industry Matters
Rapid-response reinsurance
The reinsurance side-car market is becoming an increasingly desirable way to spread risk, explains Alan Murray.
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Global Matters
Part VII success
The first successful Part VII transfer heralds a new era for run-off at Lloyd's.
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Features
Omission is not an option
Peter Dunlop reveals the dangers of failing to deal effectively with the issue of governing law
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Global Matters
A learning opportunity
Australian re/insurers should look to the US to prepare themselves for emerging risks.
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GR Focus
For the greater good D&O
Do insurers have a role to play in enhancing corporate governance and promoting "good" corporate behaviour in the post-Enron/Worldcom world? asks Mark Goracy
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Features
Taking on Goliath
Since Spitzer turned his focus squarely on the insurance industry last year there have been high-profile job losses, guilty pleas and sizable settlements But Liberty Mutual is not taking it lying down, explains Mairi Mallon.
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Global Matters
Japan gives NIA initiative the thumbs up
Japan lauds an insurance regulatory uniformity proposal in the US.
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GR Focus
Get it in writing
Two recent court decisions emphasise the importance of contract certainty when providing D&O coverage, explain Richard Bortnick and Emilio Boehringer
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Country Analysis
Japan - still in flux
The world's second largest insurance market is still in a state of transition, finds Shirish Nadkarni
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Industry Matters
Finding the right words
The London market has been provided with a new wordings database. Simon Sperryn details how this will help achieve contract certainty targets.
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Industry Matters
Ringing in a new ERA?
Dr Heiner Hasford and Rolf Häßler explain the significance of the UN's Principles for Responsible Investment.
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Features
The winds of change
Last year's dark storm clouds may cast a longer lasting shadow over the Bermudian reinsurance industry than ever before, finds Lilla Zuill, with some of the view that fundamental changes to how the sector does business is the only way to go
