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The insurance trade body said the OECD’s proposal “lacked the appropriate clarity”. -
ABIR is pushing back on behalf of the Bermuda cohort of companies, whose debt is significantly impacted.
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The state Governor’s goal is ‘to have a functioning market’ for property insurance in Florida.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Florida governor said action was needed to prevent more carriers from failing.
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The strength of the relationship between the government, the regulator and the industry is key to the island’s position.
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The Senator is seeking to use a statute to activate a special session on property insurance.
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The proposed regulations would require additional disclosures about SPAC sponsors, conflicts of interest and sources of dilution.
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The SEC intends to make information around climate-related risks more transparent.
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Coupled with potential new capacity and pricing adequacy on the horizon, the tumultuous medmal space may see stability in the medium term.
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By failing to pass plans for new roof damage deductible, Citizens Property policy reductions, Florida lawmakers left property insurance reforms in limbo.
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President Putin has signed off on a new law that has banned Russian carriers from ceding risks to reinsurers in "unfriendly states".
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