Hints and tips:
Related Special Reports
...The chief executive of Aon, one of the world’s largest insurance brokers, has called for better modelling of climate risks, saying conditions in the property insurance market were “stressed” after a surge...
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...Generali now plays no role in Ingosstrakh’s management....
...Insurers, meanwhile, defend the use of funded reinsurance as one of a number of risk management tools that provide security to their customers’ benefits....
...Funabiki said it had since worked “vigorously” to improve checks and balances and strike a “better balance between our risk-taking activities and our risk controls and risk management”....
...He added funded reinsurance was one of a number of risk management measures used by Phoenix “as part of a wider strategy to maintain a well-diversified, robust balance sheet for policyholder protection”....
...Lloyds is two years in to a £4bn, five-year investment plan to diversify its income away from mortgages towards income streams less dependent on interest rate changes including wealth management and insurance...
...It has financed projects including 316 rental homes in Bath and a joint loan with insurance group Generali for 65 homes for sale in Canary Wharf....
...Kirsten Mitchell-Wallace, the market’s director of portfolio risk management, predicted that this effect will however magnify future losses — and called for urgent action from firms to invest in modelling...
...such as life sciences and insurance....
...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Mel Charles, its interim executive director of frontline regulation, said: “Superfunds can offer increased security, improved governance and better risk management, which means that pension savers are more...
...But development in the US’s most densely populated state is heavily concentrated near shores and rivers, putting homes and businesses at risk. That risk is not being factored in to insurance premiums....
...Private capital executives argue that taking some liquidity risk, with strict asset-liability management, is a safe option. Athene’s fixed-income portfolio is 97 per cent investment-grade rated....
...Global financial supervisors are increasingly focusing on the risks arising from the shadow banking sector, which includes pension funds, family offices, trading houses and insurance firms....
...Probitas, which provides commercial insurance including professional liability and property catastrophe cover, will keep its management team and brand....
...Insurance executives have also highlighted the risk of a misalignment of interests between the long-term nature of this insurance business and the shorter timeframe of ownership through a PE fund, rather...
...These should offer extra returns for holding complexity or illiquidity without adding credit risk....
...“The risk was that the market would keep rallying and that they’d underperform.”...
...Canada’s Brookfield Asset Management also studied a bid but decided not to move forward, said two people briefed on the matter....
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...Those earnings were buoyed by growth in the firms’ overall assets, particularly credit and insurance-based investment operations, which benefited from fast-rising interest rates....
...industrials & metals; public & social sector; telecommunications; travel, transportation & logistics Consulting services Categories listed: data analytics & big data; digital transformation; finance, risk...
...Kent left Zurich in 2020 and went on to become head of credit risk management at GFG Alliance. Kent previously did not reply to a request for comment from the FT....
...After all, these underpin the value of everything from defined benefit pension rights to defined contribution lump sums, life insurance policies, wealth management and many other products....
International Edition