Posts Tagged ‘Guy Carp’



January 23rd, 2018

Global Risks Report 2018: Building Resiliency, Finding Opportunity

Posted at 1:00 AM ET

grr2018-cover_hirescroppedThe velocity of political and technological change is compelling organizations to strengthen their resilience against shocks and surprises.

The 13th edition of the World Economic Forum’s Global Risks Report, undertaken in partnership with Marsh & McLennan Companies, examines the evolving macro-level risk landscape and highlights the systemic threats that may disrupt expectations.

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January 22nd, 2018

Industry Must Develop Common Cyber Risk Currency

Posted at 1:00 AM ET

morley-speed-final-smc-morley-smMorley Speed, Managing Director and Carolyn Morley, Chairman, Global Casualty

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  • Data integrity and availability as critical as data confidentiality
  • Limited ability to quantify dependency a major cyber inhibitor
  • Challenge to build clearly differentiated cyber portfolio

Diversification is essential for evolving the cyber insurance market, yet expanding the cyber remit beyond data confidentiality and further into areas such as operational technology risk, data availability and integrity demands a common cyber risk currency, according to Morley Speed, Managing Director, and Carolyn Morley, Chairman, Global Casualty, Guy Carpenter.

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January 18th, 2018

Guy Carpenter Reports Capital Growth and Market Resilience Despite 2017 Losses

Posted at 2:00 AM ET

lighthouse-thumb-22Guy Carpenter has released an estimate of year-end reinsurance capital levels and results of the January 2018 reinsurance renewal.

According to the analysis, capital dedicated to reinsurance continued to grow in 2017 despite catastrophe losses. Due to ongoing excess supply and overall market resilience at January 1, rate firming was generally moderate and pricing shifts focused on client-specific justification.

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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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January 17th, 2018

GC Capital Ideas: CAT-I Stories: Fourth Quarter, 2017

Posted at 1:00 AM ET

Here is a look back at the CAT-i stories covering October through December of 2017.

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January 16th, 2018

Exploring the Excess & Surplus Industry: E&S Market Update and Projections

Posted at 1:00 AM ET

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The excess and surplus (E&S) lines segment of the insurance industry continues to be the essential market for risks for which¬† the standard insurance market typically does not offer coverage. From extremely hazardous conditions to highly unique business operations and unproven new products, these unconventional risks are often complex and challenging. The E&S market’s challenge is to develop products to cover these exposures utilizing its expertise and freedom of rate and form.

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January 15th, 2018

Interoperability: A Case For Open Source

Posted at 1:00 AM ET

peter-hearn-2-smPeter Hearn, President & CEO

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  • Industry-wide call for increased transparency in cat modeling
  • Interoperability facilitates collaboration of multiple data sources
  • Open source models allow insurers to develop own view of risk

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January 11th, 2018

The Impact of Insurtech

Posted at 1:00 AM ET

Here we review recent GC Capital Ideas posts on the growing interest in insurtech and its impact on the insurance industry.

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January 9th, 2018

2017 North Atlantic Hurricane Season

Posted at 1:00 AM ET

james-wallerJames Waller, PhD, Research Meteorologist

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The 2017 North Atlantic Hurricane season was one of the most active seasons on record, a historic season in many respects, and certainly an impactful one. Those most severely affected residents are facing a long and difficult recovery that could last for years. They continue to have our thoughts and concerns.

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