The US budget has revived efforts to impose a discriminatory tax on international re/insurers, but its passage remains tied to the ‘grand bargain’ yet to be struck over the economic recovery. 16 April 2013
ACE has established a new $95 million sidecar, Altair Re, which will provide collateralised capacity for its global reinsurance business. 16 April 2013
Addressing the rising role that collateralised capacity is playing in the market, Simon Burton, CEO of S.A.C. Re, warned that there is an increasing disconnect between rates for traditional and collateralised capacity. 15 April 2013
Participants in the regulatory panel of Ernst & Young Ltd.’s annual review of the P&C market explored issues concerning Solvency II, its implementation and Bermuda’s position within its framework. 12 April 2013
From cell phones to miracle cures, recent advances in modelling have made it possible to prepare for the next major casualty catastrophe, say Matthew Ball and Ed Hochberg of Towers Watson. 12 April 2013
In Ernst & Young Ltd.’s annual review of and outlook for the P&C market, entitled The road ahead, leading figures from the industry discussed key issues challenging the sector. 12 April 2013
Details from the US government's 2014 fiscal year budget suggest that offshore reinsurers will come under fire as the White House considers disallowing the deduction for non-taxed reinsurance premiums paid to foreign affiliates. 12 April 2013
In the accounting panel of Ernst & Young Ltd.’s annual review of the P&C market, participants examined efforts to create global accounting standards. 12 April 2013
Global accounting standards are edging close to convergence, but the development of truly international standards will present unique challenges to the industry, as Angela Taylor explains. 11 April 2013
As traditional reinsurance opportunities shrink, taking on unusual risks through excess and surplus lines is an increasingly attractive option for Bermuda re/insurance players. 11 April 2013
