All Innovation articles – Page 2
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Special Report: Road to 1/1
It was straight to business this year as reinsurers, brokers and cedants entered one of the most challenging renewal seasons in years
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Re/insurers providing $5.5 trillion a year in resilience protection
The Geneva Association sets out how the industry can do more to promote social sustainability and close protection gaps
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Insurtech investment hits $2.35 billion in Q3 as appetite returns
There is a growing realisation that incumbents are to be supported, not displaced - Gallagher Re
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Three ways of increasing cyber insurability - sigma
There is currently a protection gap of around 90% due to the uncertain nature of systemic risk
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Egypt moots catastrophe pool to build climate resilience
Ahead of COP27, insurance industry experts gathered to discuss innovative approaches to transferring catastrophic risk
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Baden Baden: Demand for reinsurance has never been stronger
The industry must rise to the challenges of our age, said industry leaders at the Baden Baden Reinsurance Symposium
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Gallagher Re develops risk financing strategy for Senegal
It will combine public and private capital to finance the growing risks posed by climate change and food insecurity
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Lloyd’s postpones two milestones in latest Blueprint Two update
The marketplace’s chief executive said vendor support was essential to achieve adoption milestone
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Lloyd’s receives approval for standalone cyber syndicate
Chief of markets Tiernan confirms initial approval as market seeks ’sensible growth in a pragmatic way’
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UK regulations have ‘suffocated’ London’s competitive edge
The news comes as Prime Minister Liz Truss is set to announce sweeping reforms to the financial services industry
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Support our transition journeys, FERMA urges re/insurers
Exclusions, limited or unavailable cover are ‘punishing’ insureds for embracing the green transition, says European risk association
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(Re)insurance sector can no longer ‘waste time’ when it comes to tackling systemic risks – PWC
Finding industry-wide ways to deal with systemic risks is ‘not an urgent task’ the (re)insurance sector has so far undertaken – but this needs to change, says PWC partner
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Reinsurance sector needs to invest in cloud-enabled analytics
Although PWC partner believes reinsurance is ‘a little bit behind’ the primary market in terms of digital transformation, Acord vice-president thinks the sector is ‘on the edge of insurtech’
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Gallagher Re names Swiss Re’s Choniski head of Embedded Insurance
He will be responsible for creating an embedded insurance solution for clients in North America
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Asta and Acrisure to launch 'low-touch' Flux syndicate
Flux is expected to generate gross written premium of £106.7 million in 2023, of which 70% is new to Lloyd’s
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Cyber newcos are seeding the pipeline, reveals AM Best
There is significant opportunity to innovate as the risk landscape evolves, but reinsurers are taking a more conservative approach to risk
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Beazley’s Syndicate 5623 gets ‘in principle’ approval
The Beazley Smart Tracker participates on London market broker facilities, line slips and consortia business using a ‘follow’ model
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US MGA market hits $70 billion
Growth in 2021 was well in excess of the robust growth achieved in the P&C market as a whole, finds Conning
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Gallagher Re & Africa Re partner to tackle Africa’s protection gap
Regional drought conditions and the global political environment call for prompt action around resilience and risk transfer solutions
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Allianz partners with cyber MGA Coalition
Carrier will provide capacity for its US cyber insurance programs and lead Coalition’s UK cyber program when it launches