Posts Tagged ‘Property’



May 25th, 2017

New Study Identifies Winners in Growing Insurtech Space

Posted at 1:00 AM ET

A new report from consulting firm Oliver Wyman and insurtech investor Policen Direkt analyzes insurtech business models worldwide and pinpoints winners and losers.

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May 24th, 2017

Guy Carpenter Sees Market Shift Towards Core Model Strategy

Posted at 1:00 AM ET

eagle_matthew-sm1Matthew Eagle, Head of International Analytics

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Industry Moves Away From Multi-Model Approach Given Current Market Conditions

Insurers and reinsurers are increasingly adopting a core model strategy based around a detailed assessment of its capabilities, instead of the multi-model or blended approach as investment in modeling capabilities comes under pressure, says Matthew Eagle, Head of GC Analytics® - International at Guy Carpenter.

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May 23rd, 2017

Evolving Risks Landscape: 2008—2017

Posted at 1:00 AM ET

Social and environmental risks have supplanted economic ones as issues of greatest concern among respondents to the Global Risks Perception Survey. The survey was completed by almost 750 members of the World Economic Forum’s global multistakeholder community and the results analyzed in the World Economic Forum 2017 Global Risks Report, which was published by the World Economic Forum with support from Marsh & McLennan Companies and other partners.

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May 22nd, 2017

Chart: The Matrix of Cyber and Property Lines Insurance Coverage

Posted at 1:00 AM ET

Chart examines the policy coverage matrix between cyber and property lines of insurance coverage. Below shows how the four types of subject matter (columns A-D) are generally covered by direct policies, relative to the various types of cyber and property perils (rows 1-5). Where cover is predominantly provided by property or cyber, the relevant icon is shown in blue. Where there is a degree of ambiguity, or coverage is limited, the icon is shown in gray.

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May 18th, 2017

Chart: Top Ten Catastrophe Bond Transactions For 2016

Posted at 1:00 AM ET

The table lists the top ten catastrophe bond transactions that were completed in 2016.

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May 17th, 2017

Disruptive Forces Affecting the (Re)insurance Industry

Posted at 1:00 AM ET

Here we review recent GC Capital Ideas posts about disruptive forces affecting the (re)insurance industry.

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May 16th, 2017

Public Sector Risk Financing Perspectives in Asia Pacific: Part II: Highlights of Recent Initiatives

Posted at 1:00 AM ET

graham-jones-smGraham Jones, Senior Vice President

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In July 2016, the China Residential Earthquake Insurance Pool (CREIP) was jointly established by the China Insurance Regulatory Commission (CIRC) and Ministry of Finance. In development since 2014, the scheme consists of 45 insurers distributing policies with basic limits of USD 7,500 and USD 3,000 for urban and rural residents, respectively. Coverage up to a maximum limit of USD 150,000 is negotiable. The claims process has been simplified with payouts equaling zero, 50 or 100 percent of the policy limit based on five damage levels.

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May 15th, 2017

Public Sector Risk Financing Perspectives in Asia Pacific: Part I

Posted at 1:00 AM ET

graham-jones-sm

Graham Jones, Senior Vice President

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According to United Nations estimates, 54 percent of the world’s population lives in Eastern, Southern and Southeastern Asia. The region hosts 778 million urban inhabitants and seven out of the world’s top ten most populated cities. The region is also home to every major peril - from cyclone to tsunami - and has experienced some of the world’s largest catastrophes based on economic loss. While there are natural catastrophes all over the world, Asia is a unique confluence of people and perils.

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May 12th, 2017

Canada Flood Events, May 6 - 11

Posted at 7:06 AM ET

canadaflood-5-11-map-smA slow-moving upper-level weather pattern with an embedded frontal system has brought periods of heavy rainfall to areas of eastern Canada to include the Saint Lawrence, Ottawa and Rideau Rivers and surrounding watersheds. The heavy rainfall together with melting snow has caused significant flooding for areas of southern Québec and eastern Ontario to include areas of Montréal and the National Capital Region. Flood control measures in north Montréal were also compromised, causing the flood threat to amplify. At least 4,141 homes have been flooded in Québec. More heavy rainfall is expected over the coming days.

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May 11th, 2017

Chart: Top Ten Catastrophe Bond Transactions For 2016

Posted at 1:00 AM ET

The table lists the top ten catastrophe bond transactions that were completed in 2016.

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