Data security

The goal is for every regulated financial institution to provide loss-event and tail data to regulatory authorities via an XBRL-based risk taxonomy.

A new survey sees practical benefits in the proposed federal regulatory regime.

Regulatory bodies must improve governance in today’s interconnected world and take an “ex-ante” approach, which brings insurance to the table in proactive efforts to help the private sector prioritize disaster preparedness, says the OECD.

The reinsurer says scenario analysis is most frequently utilized in areas such as strategic planning, risk management and underwriting.

Several insurers and brokers team to make aggregated loss data available to the European marketplace.

Study suggests insurers establish an efficient risk-based compliance culture throughout their enterprise, or risk the consequences.

The impending amendments offer adaptable insurers strategic advantages from the resulting structure, says a Conning Research study.

Seeking to address systemic risk, reps say they will soon introduce legislation to create national insurance regulator.

Despite the predicted IT spending crunch, new options abound for insurers looking to upgrade their risk management software applications.

The partnership will give National Unit access to a special investigations unit with a national scope.

The insurer of 125 Catholic dioceses will use the vendor’s STG Billing and Accounts Receivable system.

A transitional, if not transformational, environment is afoot for the U.S. P&C industry in 2009, says Ernst & Young, but before carriers take steps forward, concerns must be dispatched.

While the cat bond market proved its resilience as the market absorbed the impact of concurrent financial and property catastrophes, notes a Guy Carpenter briefing, disciplined risk is called for in 2009.

Nationwide's structure for finance process and policy

More than just a technology, enterprise content management is a business strategy to successfully drive insurers into the future.

Catastrophe and investment losses take a big toll on the balance sheet.

The asset management firm advises that adapting decision models is of paramount importance during this economic crisis.

KPMG survey finds deficiencies in key areas, including technology.

In a new report, Ernst & Young says carriers need to account for a changing landscape in the year ahead.

The risk specialist says property losses from 37 catastrophes last year were the fourth-highest cost, and highest frequency in the past decade.