Week’s Top Stories: February 2 - 8, 2013
Managing Catastrophe Model Uncertainty, Issues and Challenges: Here we repeat our popular series authored by John Major, which focuses on the issues and challenges in managing catastrophe model uncertainty.
Flood Risks and Flood Events in Asia Pacific: Here we gather recent GC Capital Ideas posts that focus on flood risk and flood events in the Asia Pacific region.
Capital Management Developments: Here we review recent GC Capital Ideas’ top stories on capital management.
January 1, 2013 Renewals Bring Stable Reinsurance Pricing: Guy Carpenter reports that the reinsurance sector enters 2013 equipped with ample dedicated capital and stable pricing. In its 2013 global renewal report, The Route to Profitable Growth, Guy Carpenter finds that the January 1, 2013, renewals took place against a stable backdrop, with only loss-affected lines and select regions experiencing price volatility. The market was supported by a combination of factors including lower than normal catastrophe losses during the first nine months of 2012, new reinsurance capacity and record-high levels of capital.
Capital Model Trends: Here we highlight recent stories that have appeared on GC Capital Ideas discussing trends around capital models.
Most Popular Keyword: risk profile
And, you may have missed…..
Evolving Risk and Changing Nature of Coverage; Terrorism Coverage and Related Wordings: Since the devastating terrorist attacks of September 11, 2001, the (re)insurance sector has focused primarily on the potential for similar attacks in major metropolitan areas around the world. The threat posed by transnational terrorists, and al-Qaeda in particular, has dominated (re)insurers’ approach to terrorism risks.
