New Thinking – Page 2
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NewsRe/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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NewsInsurtech 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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NewsThree 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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NewsEgypt 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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NewsBaden 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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NewsGallagher 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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NewsLloyd’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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NewsLloyd’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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NewsUK 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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News(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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NewsReinsurance 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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NewsCyber 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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NewsUS 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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NewsGallagher 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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NewsIndustry must empower next generation - Glaser
“We need to amplify our talent’s potential” to meet the challenges of a rapidly evolving risk landscape, says Marsh McLennan CEO
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NewsCrypto assets and quantum computing present emerging risks
Are crypto assets implicitly covered by existing property or cyber policies? Asks Swiss Re’s SONAR
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NewsMGA market balloons to $15 billion
Annual growth of approximately 21.7% has been achieved by using technology to create new and disruptive offers
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NewsEarth observation data: A new frontier
How satellites tracking natural catastrophes from space are an important source of data for innovative re/insurers
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NewsWorld’s first carbon insurer launches
Kita’s focus is carbon removal, insuring “carbon delivery risk” to enable carbon removal solutions to scale
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NewsMS Amlin offers cover for battery energy storage systems
The Lloyd’s insurer is partnering with insurtech Altelium to offer the solution
