Posts Tagged ‘Europe’



August 15th, 2018

Global Insurance Prices Rise for Third Consecutive Quarter

Posted at 1:00 AM ET

dean_kisura_hsDean M. Klisura President, Global Placement and Specialties, Marsh

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Global commercial insurance prices rose, on average, in the second quarter of 2018, marking a third consecutive quarter of increases, according to the most recent Marsh Global Insurance Market Index. The increase in the index was driven largely by pricing for property and financial and professional insurance lines. Continue reading…

August 14th, 2018

Regulatory Landscape Part VII: Conclusion

Posted at 1:00 AM ET

GC Capital Ideas has analyzed in the last few posts the intricacies and corporate responsibilities and challenges in a world of constant technological innovation. This order requires striking a balance between new initiatives such as the use of big data and advanced analytics, and regulatory requirements and privacy needs. These are the aims of Global Data Protection Regulation’s (GDPR) and the recently adopted California Consumer Privacy Act of 2018, which goes into effect in 2020. Continue reading…

June 6th, 2018

Directors Risk Survey Report 2018

Posted at 1:00 AM ET

Guy Carpenter sister company Marsh has introduced their annual Director Risk Survey Report, done in conjunction with the Institute of Directors. The results reflect changes in the evolving local and global risk landscapes - with cyber, IT, talent attraction and retention and the loss of a key person just some of the risks highlighted.

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June 4th, 2018

GC Securities Acts as Sole Structurer and Bookrunner on the First Ever Cat Bond Issued Under the New UK Risk Transformation Legislation

Posted at 2:00 AM ET

*GC Securities, a division of MMC Securities LLC, a U.S. registered broker-dealer and member FINRA/NFA/SIPC, today announced the placement of USD 300,000,000 Series 2018 Principal At-Risk Variable Rate Notes through a newly formed insurance special purpose vehicle domiciled in the United Kingdom, Atlas Capital UK 2018 PLC, to benefit SCOR.

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January 18th, 2018

Increasing External Demands Compel Companies to Improve Risk Management Disclosures

Posted at 1:00 AM ET

Guy Carpenter released its latest Enterprise Risk Management (ERM) Benchmark Review that provides an in-depth analysis of risk management practices and policies of 67 insurance and reinsurance companies located in Europe, United States, Bermuda, and Asia-Pacific. Based on publicly-available data from financial and risk reports, Guy Carpenter’s ERM Benchmark Review reveals that most (re)insurers are managing capital with metric-based frameworks and are publishing more about their risk management targets than seen in Guy Carpenter’s 2009 analysis. Capital market, legislative, and regulatory influences, such as the approaching implementation of Solvency II, are expected to further compel company managements to better recognize and analyze the risks of their enterprises.

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December 19th, 2017

Addressing Flood Peril

Posted at 1:00 AM ET

Here we review recent GC Capital Ideas posts on Guy Carpenter’s efforts to address the flood peril.

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August 29th, 2017

Public-Private Partnerships Address Cat Risk Across the Globe

Posted at 1:00 AM ET

Here we review recent GC Capital Ideas posts concerning the emergence of public-private partnerships addressing catastrophe risk across the globe.

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August 24th, 2017

Cat Modelling Challenges in Europe: Part IV

Posted at 1:00 AM ET

weatherhead_mark-sm3Mark Weatherhead, Head of Model Development - International

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Flood poses particular challenges for modelling. In particular, the hydraulic modelling of flood extents requires a high-quality digital terrain model that has been processed specifically for the task by removing features like bridges.

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August 23rd, 2017

Cat Modelling Challenges in Europe: Part III

Posted at 1:00 AM ET

weatherhead_mark-sm2Mark Weatherhead, Head of Model Development - International

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There are two main lines of development. First, (re)insurers need to gain a deeper understanding of how the existing commercial vendor models perform for their book of business, how the models can be best modified or customized to better reflect their own loss history, and how the models compare to each other. Second, (re)insurers need to continue to address gaps in knowledge that are not adequately covered by existing models.

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