Editors' picks for the week include a story on Chinese and Japanese insurers dominating their region by market capitalization in the third quarter, and investors and others are asking federal regulators to form mandatory standards for ESG reporting.

Chinese, Japanese insurers top region by market cap in Q3

Mainland China-based and Japanese insurers dominated S&P Global Market Intelligence's ranking of the 20 largest insurers in Asia-Pacific by market capitalization in the third quarter, splitting 12 spots between them.

Legal battles forestall liquidations of 3 insurers

Though state regulators usually succeed in obtaining consent from financially ailing insurance companies prior to initiating receivership proceedings, several ongoing cases serve as a reminder that the process is not always unopposed.

California insurance regulator airs high hopes for insuring cannabis

California's insurance commissioner believes he can give the state economy a bump by making coverage available for a newly legalized commodity: cannabis.

Investors, others ask US SEC to mandate, streamline corporate ESG disclosures

Citing a boom in corporate sustainability disclosures and the challenges of trying to compare that information, a group of U.S.-based investors, related groups and securities law professors have asked federal regulators to establish mandatory standards for environmental, social and governance reporting.

Runoff deal gives fast-growing reinsurer another opportunity for expansion

A stock purchase agreement provides a Bermuda-headquartered group that hit the ground running a little more than a year ago with an opportunity to execute its strategy of sourcing, structuring and servicing runoff business.