April 12th, 2013

Week’s Top Stories: April 6 - 12, 2013

Posted at 9:30 AM ET

April 1 Renewals See Reinsurance Pricing Stabilize Amid Dynamic Capital Growth: Guy Carpenter reports that dynamic capital growth and ample reinsurance capacity resulted in a relatively stable renewal at April 1, 2013. In a briefing released today, Guy Carpenter comments that the convergence of traditional and alternative capital sources is changing the marketplace, with non-traditional capacity now making up an estimated 14 percent of global property catastrophe limit.

Read the article >>

 

Oliver Wyman Report: Recovery and Resolution Plans for Insurers: When banks in Europe and the United States become unable to honor their financial obligations in 2007 and 2008, governments bailed them out. But why? The standard answer is that politicians faced a terrible choice. They had to choose between saving insolvent banks largely “as is” in the short-term, or unleashing economic chaos. Recovery and Resolutions Plans are supposed to stop such a dilemma arising again.

Read the article >>

 

Reevaluation of Terrorism Risk and Coverage Prompted by Global Unrest and Political Instability: The dramatic rise in political instability and civil unrest across the globe, including uprisings in the Middle East and protests in Greece and Spain, has triggered a significant shift in the nature of terrorism risk and has highlighted the need for tailored terrorism and political violence protection, according to “Tensions Building: the Changing Nature of Terrorism Risk and Coverage,” by Guy Carpenter.

Read the article >>

 

Legislation Surrounding Insurance Covering Terrorist Acts: Here we review past GC Capital Ideas stories that have focused on legislation surrounding insurance covering terrorist acts.

Read the article >>

 

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.

Read the article >>

 

Most Popular Keyword:   model suitability analysis

 

And, you may have missed…..

Marsh United States Insurance Market Report 2013: Guy Carpenter sister company Marsh’s 2013 United States Insurance Report reveals that although U.S. commercial insurance rates are expected to continue firming in many lines of business and industry sectors in 2013, traditional signs of a conventional hard market are not evident as price increases are not uniform, capacity is plentiful and competition among insurers remains intense.

Read the article >>

 

Click here to register to receive e-mail updates >>

AddThis Feed Button
Bookmark and Share


Related Posts