US regulators warn relaxed rules in financial crisis won’t last
Jane Cline, president of the US regulators group the National Association of Insurance Commissioners (NAIC) may reverse its easing of capital requirement for insurers brought in during the financial crisis, Bloomberg reports.
Insurers got about $7bn of capital relief on investments in residential mortgage-backed securities. Regulators have now hired Blackrock to review more than 7,000 securities by year- end and help set new capital standard.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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