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AROUND THE MARKETS

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Russian insurers will face 'increasing pressure' Fitch

Insurers in Russia will continue to see ratings pressure because of poor reserving and pricing risks that became apparent last year, according to rating agency Fitch

AUGUST ISSUE

Latest Issue - 14206

COVER STORY

AIG pays back $4bn in US loans

EDITORIAL

A burden or benefit?

SPECIAL REPORTS

Watch and wait

Clouds in the Caribbean

Recessionary strains and the impact of abundant catastrophe activity have cast long shadows over a soft re/insurance market, reports Helen Yates.

FEATURES

Aviation : After Air France

Last year’s string of big losses have failed to change conditions in the aviation sector, reports Sarah Ahmad.

Hemanth Shah : California dreaming…

Risk Management Solutions co-founder and CEO Hemant Shah has developed his company from a Stanford University start-up to a global giant in its field. He tells Ruth Lythe that there’s plenty shaking up the risk modelling world at present and it’s not just earthquakes….

Ils Review : The market makers

A flurry of fresh investors, a brand new index and surging issuances mean that it’s all go in the ILS market. But with the hurricane season will a major loss dent confidence in this so far relatively untested arena, asks Sarah Ahmad.

Re-Moves : Re-moves

Re/Insurance Initiatives : Shock of the new

Barely a week goes by in the reinsurance world without the launch of a new initiative with lofty ambitions to change the industry forever. Sarah Ahmad revisits some of the successful and less successful of these recent projects and asks what can lessons can be learned.

Service Provider Focus: Solvency II : SII: the last minute guide

Solvency II’s 2013 implementation date is thundering towards Europe’s re/insurers. So should those companies that have left it this late to start on the bulk of their preparations be fearfuI? It’s not time to panic (yet), industry experts tell Ruth Lythe.

Speciality : The all new world of speciality

“The times they are a-changing” sang Bob Dylan and by all accounts underwriters are keeping pace with them. Helen Yates investigates the latest developments in the specialty arena.

The Review Roundtable : Solvency II: The debate

The Review Roundtable : The response from CEIOPS

Carlos Montalvo Rebuelta, CEIOPS secretary general, answers to some of the key questions raised by participants during the debate.

REGULARS

NEWS IN BRIEF

EC asks CEIOPS to launch Solvency II QIS5

Catlin launches Swiss operation

Obama approves reform legislation

AIG names former Prudential UK boss CEO of AIA

The Review wins industry journalism award

Lloyd’s chairman to head up bank bid vehicle

Baden-Baden Meeting

REPORTAGE

Solvency II directive will have knock-on ROC impact – Moody’s

Non-life premium growth remained flat in 2009 – Swiss Re

UK insurance employment likely to rise in third quarter

Japan non life insurance sector outlook upgraded

NEWS ANALYSIS

Time to go global

Delays and disagreements have meant that the journey towards a worldwide accounting standard has been a fraught one. But July’s issuance of long awaited draft proposals could bring the industry’s dream a little closer to reality, reports Stuart Collins.

The Zurich axioms

Have re/insurers learned the lessons of the financial crisis and subsequent economic environment, and how can they maximize profit in the present pricing environment? Kai-Uwe Schanz rounds up the answers to these thorny questions proffered by industry leaders at a recent conference in Switzerland.

A first half to remember

The mid year flurry of financial supplements have been sent out and investors’ calls are being set up. It’s half year reporting time again. So what are the results? Ruth Lythe rounds up the action.

BEST OF THE WEB

This month: Asia and the Middle East

‘Think Global’ for success, says Levene

Capacity plentiful at H1 2010 – Beazley

Navigators in Lady Gaga court case

SOAP BOX

Regulating the regulators

LEGAL UPDATE

In search of a lost virtue

BYSTANDER

Thirty million Chinese can’t be wrong

Double trouble

Living next door to Freddie