Articles
Insurance
Lord Chancellor’s decision to review the discount rate for personal injury damages, which is being legally challenged by the Association of British Insurers (ABI), is potentially game changing, according to law firm Clyde & Co. 21 December 2016
Insurance
Some of the pressures the re/insurance sector faced in 2016—low interest rates, uncertainties around Brexit and a soft market—are likely to persist in 2017. But some additional drivers are set to affect the performance of the sector, as described by executives from major players such as Markel, Swiss Re and Willis Re. 21 December 2016
Insurance
Reinsurance broker JLT Re has acquired Minnesota-based StoneHill Reinsurance Partners, a specialist medical professional liability broker. 19 December 2016
Insurance
The big innovations are not going to come from today’s giants in the re/insurance industry, believes Sarah Stephens, head of cyber at JLT Specialty. Instead, Stephens says, startups will develop technology and knowledge that will disrupt the traditional carriers’ business concepts. 16 December 2016
Alternative Risk Transfer
Sharing data will not inhibit an individual insurer’s business, but rather will promote business across the entire industry, says Tom Johansmeyer of ISO/Verisk Insurance Solutions and Rachel Anne Carter of Carter Insurance Innovations. 15 December 2016
Alternative Risk Transfer
Soft market pressures, a prolonged low interest rate environment, low barriers to ILS capital entering the sector, the digital economy, tepid GDP growth… Hiscox Re’s Bill Lazzaro argues that how we respond to the current challenges in the reinsurance sector will define our future. 15 December 2016
Insurance
Munich Re has partnered with Next Insurance, a California-based online insurance start-up targeting small businesses in the US, on a new product targeting commercial photographers. 15 December 2016
Alternative Risk Transfer
With the UK government looking to attract more ILS vehicles to London, the market is wondering exactly what it’s trying to achieve. Katherine Coates and Ashley Prebble, partners at Clifford Chance, cast an eye over what’s happening. 15 December 2016
Alternative Risk Transfer
The insurance-linked securities market is looking forward to 2017 with cautious optimism after recovering from a rollercoaster of a year in 2016, according to Paul Schultz, CEO of Aon Securities. 15 December 2016
Insurance
Guy Carpenter has formed a global strategic advisory organisation, appointing Rob Bentley as its president and Vicky Carter as vice chairman. 14 December 2016
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