PRA Reviews FundedRe Regulatory Treatment Amid Market and Risk Concerns
The PRA is assessing FundedRe transactions' regulatory treatment to address risk underestimation and market competitiveness in the UK insurance sector.
California FAIR Plan Faces Financial Strain Amid Rising Wildfire Costs
The California FAIR Plan is under financial pressure due to escalating wildfire claims and rising repair costs. Insurers and homeowners face potential assessments or bailouts amid this growing risk.
Florida Faces Transparency Challenges as More Property Insurers Fail Fiscal Fitness Test
Florida's Property Insurance Stability Report reveals increased insurer financial risk and lack of transparency. Learn about regulatory disclosure limits and market impact.