Posts Tagged ‘Property’



February 15th, 2018

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

Posted at 2:00 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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February 14th, 2018

Guy Carpenter Global Reinsurance Composite: Third Quarter 2017

Posted at 1:00 AM ET

Here we bring together recent Chart Room posts highlighting performance of the Guy Carpenter Global Reinsurance Composite.

February 12th, 2018

New Vehicle Matches The Right Capital To Risk

Posted at 2:00 AM ET

anger_cory-mngt-bio-largepriebe_david_photo-sm2Cory Anger, Global Head of ILS Origination and Structuring, GC Securities and David Priebe, Vice Chairman

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  • A new Marsh & McLennan vehicle provides unparalleled support in accessing long-term capital markets-based protection
  • A broader and more diverse range of capital sources brings better matching, more efficient solutions customized to the unique risk profile of clients
  • Provides a standardized documentation process and single point of access, in an efficient and cost effective manner

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February 8th, 2018

Chart: Global Property Catastrophe ROL Index

Posted at 1:00 AM ET

The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2018.

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February 6th, 2018

Chart: Top Ten Significant Insured Loss Events: 2017

Posted at 1:00 AM ET

The table lists the latest estimates for the top ten significant insured loss events for 2017.

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February 1st, 2018

Cyber Risk in an Interconnected World; Part II

Posted at 1:00 AM ET

platt-jeremyJeremy S. Platt, Managing Director and U.S. Cyber Specialty Practice Leader

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The new year will also offer cyber carriers the chance to seize opportunities created by innovative technologies to adapt lessons from other lines of business. Today, risk management of a cyber event reflects characteristics of pandemic containment. The medical community has developed clearly defined metrics and rigorous procedures for public and private stakeholders to reduce the impact of an outbreak. Similarly, the date of occurrence, duration, common source connection, frequency and severity are significant factors in adjusting cyber (re)insurance claims, and often depend on some level of collaboration with public entities. But as discussed above, a common currency to analyze and discuss cyber exposures is still being perfected. Quantification of cyber losses is also complicated by “silent” all-risk policies where cyber is the peril, but no cyber exclusions exist.

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January 31st, 2018

Cyber Risk in an Interconnected World; Part I

Posted at 1:00 AM ET

platt-jeremyJeremy S. Platt, Managing Director and US Cyber Specialty Practice Leader

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In a digital world, cyber exposure evolves every day, making it one of the most dynamic emerging risks in the industry. Just as the housing boom along the US shoreline accelerated property losses, the technological sophistication and digital connectivity of the global economy have increased the cyber threat for all sectors. As large-scale breaches become more damaging and pervasive, the (re)insurance industry needs to continue to innovate to address potential systemic events, aggregations, and modeling capabilities. As such, 2018 will be a year of product growth and new challenges. In order to advance this important market, we must develop a common analytical language, harness advanced modeling technologies and learn lessons from other lines of business.

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January 30th, 2018

Automobile Liability Market Update & Loss Trends Analysis

Posted at 10:00 AM ET

thumbanilFor most U.S. property and casualty (P&C) insurance companies, automobile liability (auto liability) line performance has typically been one of the major factors adversely impacting overall profitability in recent years. Since the economic crisis of 2008, combined ratios for the auto liability line have steadily deteriorated, putting pressure on carriers to advance strategies to reverse this trend. These strategies need to be developed in order to address the major components that negatively impact auto liability loss ratios - inadequate rates for the risk assumed and marked increases in both frequency and severity of loss.

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January 30th, 2018

Recent Articles from Guy Carpenter’s Research Meteorologist: James Waller, Ph.D

Posted at 1:00 AM ET

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Here we link to recent GC Capital Ideas posts from James Waller, Ph.D., Guy Carpenter’s Research Meteorologist.

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