News
Insurance
While many re/insurers see cyber risk as an opportunity to grow in the current soft market, Swiss Re’s CEO Christian Mumenthaler suggested that the excitement may be inappropriate and that governments need to prepare for extreme events. 12 September 2017
Insurance
The systematic collection of high-quality natural catastrophe exposure and actual event loss data in some of the new markets PERILS has expanded into will prove invaluable for companies constructing risk models covering those territories. 12 September 2017
Insurance
To find out what the future holds for the motor insurance industry and how it is dealing with the challenges it faces, Intelligent Insurer invited experts from major players in the market to discuss the challenges and potential solutions. 11 September 2017
Insurance
As interest and investment in the insurtech sector rapidly grows, many executives increasingly believe that what was once considered hype around this sector’s potential to transform re/insurance will now become a reality. 11 September 2017
Insurance
There is a real opportunity to improve reinsurance processes with the use of blockchain technology, which can deliver cost savings and efficiency gains of 30 percent by taking out unnecessary reconciliation, repetitive duplication of work and waiting times. 11 September 2017
Insurance
The ‘counterfactual analysis of historical events’—scenarios that could have happened but have not—is an important tool not only for the assessment of uncertainty and disaster preparedness, but also for catastrophe insurance risk management, such as the estimation of the probable maximum loss. 10 September 2017
Insurance
Swiss insurer Zurich has appointed Peter Huber as CEO of its international business. 7 September 2017
Insurance
Lloyd’s syndicates facing a $10 million lawsuit by US rapper Kanye West over a cancelled tour have countered his claims they believe are invalid. 31 August 2017
Insurance
Berlin-based digital insurance start-up Coya raised a seed investment of over $10 million from investors including Valar Ventures, the venture fund backed by Peter Thiel. 31 August 2017
Insurance
While cyber demand is on the rise, Swiss Re takes a cautious approach in underwriting and suggests insurers should do the same as the ‘cybergeddon’ is yet to happen. 31 August 2017
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