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Systemic risk: The burden of being big

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What will the extra scrutiny that comes with being a global systemically important insurer mean for the nine firms given the designation?

The notion of being too big to fail has been inextricably linked to banks in the global financial markets since the collapse of Lehman Brothers in 2008. However, recently, the insurance industry has

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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