Articles

Insurance

How 9/11 changed the industry’s view of terrorism risk: RMS

Memories of the World Trade Center attacks and the resulting stories of heroism remain etched in people’s minds. Marking the 20th anniversary of the events, RMS has published a whitepaper addressing how 9/11 changed the insurance industry’s view of terrorism risk.   15 November 2021

Risk Management

Why effective risk management is essential for resilience

Recent events from the COVID-19 pandemic to climate change and cyber risks have elevated the importance of risk management within corporations. FERMA president Dirk Wegener outlines the way forward.   15 November 2021

Insurance

Moving on from AI/ML: the future of insurance distribution is embedded

The introduction into insurance of artificial intelligence (AI) and machine learning (ML) has been a catch cry for a while, but “embedded” insurance is now the number one trend seen in the market, with the potential to change the dynamics of a sector that has traditionally been slow to move.   12 November 2021

Insurance

APCIA 2021 roundup

The US re/insurance industry gathered at the Sheraton Hotel in Denver in early November for the first in-person APCIA annual conference since 2019. Here are the key takeaways from this year’s event.   11 November 2021

Insurance

Preaching to the converted: environmental protesters find a willing crowd in Baden-Baden

For those at Baden-Baden who had not decided so already, the protests made clear that the focus on ESG issues is not diminishing, only intensifying—and broadening.   11 November 2021

Insurance

Hard choices over flooding: secondary perils in the balance at January renewals

Secondary perils were the primary topic at Baden-Baden this year. The consensus is that they mean Europe can no longer escape rate rises, and who pays will determine whether we’re truly seeing a hard market. Intelligent Insurer reports.   11 November 2021

Insurance

Rate momentum continues and demand for re/insurance increase driven by loss experience: Swiss Re

Talk of price increases at 1.1 is widespread, also Swiss Re’s Laure Forgeron expects continued rate hardening into 2022, but with decreasing momentum.   11 November 2021

Insurance

Swiss Re calls for new and improved data to modernise pricing methods, risk assessment and unlock growth

While the industry has steadily perfected its pricing and assessment of risks over the years, the current structure has its limitations without better access to information, says Swiss Re’s head of P&C analytics, Daniel Knüsli.   11 November 2021

Risk Management

Why it could be make or break for insurers’ relationships with risk managers

AMRAE has been pushing for the French government to facilitate captive formation in France.   2 November 2021

Insurance

Choosing your friends: how to select an insurtech partner

There have been a lot of new entrants into the market, particularly those with no inside experience. Markel’s MD discusses what the future might hold for the sector.   11 October 2021

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