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Insurance
Studying infectious diseases is vitally important if insurers and reinsurers are to avoid getting caught out by the next outbreak of something like the Zika virus, the mosquito-borne virus linked to birth defects, according to epidemic risk modelling company Metabiota. 10 September 2017
Insurance
Big data holds great potential for re/insurers, but only if they can validate and thus rely on it, Frank Fortunato and Kunal Patel of CATEX tell Monte Carlo Today. 10 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
Flaspöhler conducts an annual, global study designed to illustrate reinsurers’ competitive positioning and value proposition in relation to their peers. Here’s how the top reinsurers fared when brokers and insurance executives across EMEA were surveyed. 10 September 2017
Insurance
Maintaining a good relationship with the rating agencies is more important than ever for reinsurers. Rowena Potter, senior consultant with Litmus Analysis, offers 11 tips that will smooth the path to a better mutual understanding. 10 September 2017
Insurance
In a highly competitive environment, brokers need to harness the powers of innovation, client centricity, agility and diversification to stay on top, says Dimitris Tsesmetzoglou, CEO of Matrix Brokers at Lloyd’s, in an interview. 10 September 2017
Insurance
Some executives running managing general agents (MGAs) should be prepared for the potential effect on their own businesses of losses from the series of hurricanes that have hit the US and the Caribbean—even if they have no direct exposure to the area. 10 September 2017
Insurance
With the pressures on reinsurers unlikely to change over the next 12 months due to alternative capital providers putting ever more pressure on their underwriting performance, Fitch believes more mergers & acquisitions could be triggered in 2018. 10 September 2017
Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to Monte Carlo Today. 10 September 2017
Insurance
Around half of industry practitioners see the risk of “silent cyber” exposure—potential cyber-related losses due to silent coverage from insurance policies not specifically designed to cover cyber risk—as growing over the coming year, according to a survey conducted by Willis Re. 10 September 2017
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