Allstate in the dock, insurance pools with negative equity and a federal catastrophe backstop in the offing. With election fever in the air, Ronald Gift Mullins looks at an increasingly politicised US insurance market.
After Hurricane Katrina and her sisters wrought their destruction in 2005 the Bermuda monoline business model was never going to look good. Two and a half years on, Lee Coppack asks if diversification is all it’s cracked up to be.
From flu pandemics and terrorist attacks to dramatic fluctuations in global weather patterns, today’s organisations face a new breed of risks. Nathan Skinner presents the results from our most extensive survey yet.
In 2007, cedants on both sides of the Atlantic were reminded that follow-the-settlements/fortunes clauses do not guarantee recovery from reinsurers. Ian McKenna and Sarra Zemmel review some of the major legal battles.
Eliot Spitzer, Neelie Kroes and now Connecticut AG Richard Blumenthal have made life less than easy for brokers. Nick Thorpe examines what their investigations mean for the industry and asks how brokers will be paid in the future.