All News articles – Page 171
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Volatile environment for CIS insurers – report
Geopolitical instability and a volatile operating landscape beset insurers in the ex-Soviet countries, according to ratings firm AM Best
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Resilient Bermuda weathering the storm – report
Bermuda re/insurers continue to be tested by market conditions but remain resilient, according to a Fitch Ratings report
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Reinsurance under pressure: Swiss Re boss favours insurtech venture
Swiss Re’s CEO Mumenthaler touts its online platform as a primary insurance hedge while the reinsurance value chain remains under pressure
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Political risks dominate WEF risk report
Polarisation of politics and societies, and a weakening of the rules-based international system were headline threats in this year’s Global Risks Report 2019, published by the World Economic Forum as policymakers met in Davos
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What insurers need to know about cyber risks
In a digitally-connected world, cyber risks are growing in frequency and impact. Swiss Re cyber experts Maya Bundt and Eric Durand drill down on what needs to be done to protect insurers against the impending risk
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Class action litigation spreading globally - Clyde & Co
The spread of collective redress around the world means risks and opportunities for liability underwriters
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Renewals: reinsurance demand up in a buyer’s market – Aon
Reinsurance capital fell in 2018, but demand remained high, particularly as pricing has stayed competitive, reinsurance broker Aon reported
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No climate change rise in hurricane activity – report
Global warming has not resulted in an increased in hurricanes and typhoons, according to a GWPF paper
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Bid to derail Swiss Re’s ReAssure IPO
Swiss Re’s plans to spin off a UK life and pensions business take a new turn
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Rates flat at renewals, ILS market halted
Contrasting realities and unchartered territory summed up Willis Re and JLT Re’s broker perspectives on 1/1 renewals
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Publication
GR Winter Edition 2018
Read the Q4 edition of GR, including features on wildfire, pandemic risk to mark the 100 year anniversary of Spanish influenza, and a roundup of coverage from Monte, Baden and SIRC.
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Insurtech investment doubles, teams up with parametric
Willis Towers Watson recorded more than $1.3bn of insurtech funding in the third quarter, double the level a year previously
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Cyber insurers seek opportunities from $300m Marriott breach
The ABI said the latest data breach incident highlighted how vital cyber insurance is for all firms to have in place
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Contingency focus for Beazley in Asia
From K-Pop concerts to the Singapore Airshow, contingency covers are in demand in Asia
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Insured cat losses hit $86bn annual average – AIR study
Preparedness for large losses before they occur is critical to solvency and resilience, AIR’s annual extreme event risk report emphasised
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Inspiration panel: startups favouring MGA model
Half-baked ideas about disruption are not helpful, noted a panel at GR Innovation & Insurtech 2018 in Bermuda
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Tech spends need cost/benefit analysis
Insurtech drives are increasingly incremental, favouring marginal gains via short-term fixes rather than grand plans
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AI revolution to meet data challenge and amplify cognition – IBM Watson CTO
Artificial intelligence will be revolutionary in amplifying human cognition, as data continue to grow exponentially, IBM Watson’s Rob High told GR’s Innovation & Insurtech 2018 event in Bermuda
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Burt addresses Innovation and Insurtech Bermuda 2018
Premier of Bermuda David Burt spoke at GR’s Innovation and Insurtech event today, underlining the importance of innovating and staying ahead
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BDA announces Burrows as next CEO
Bermuda’s Business Development Authority has appointed Andy Burrows as its new CEO