Posts Tagged ‘technology’



March 9th, 2017

Disruptive Forces Redefining the Role of Insurance: Part II

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Victoria Carter, Vice Chairman, Global Strategic Advisory

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The world’s ageing population is causing the fourth disruptive phenomenon. For example, as Europeans’ lifespans increase and they have fewer children, the share of people aged 65 and older is projected to double from 16 percent in 2005 to 30 percent in 2050. Simultaneously, the most economically active age group (25- to 64-year olds) in Europe is projected to decline to less than half the population by 2050. These trends may pressure society’s ability to fund the increasing costs of retirement and healthcare for the elderly.

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March 8th, 2017

Disruptive Forces Redefining the Role of Insurance: Part I

Posted at 1:00 AM ET

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Victoria Carter, Vice Chairman, Global Strategic Advisory

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Fundamental disruptive forces are driving monumental changes in the global economy at an unprecedented rate. These forces compel the (re)insurance industry to adjust to the new reality and capitalize on the opportunities created.

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February 8th, 2017

Public Sector Risk Financing Perspectives – Sharing Visual Intelligence for Disaster Response: Part II

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beverley-adams-sm21Dr. Beverley Adams, Head of CAT Planning and Response

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National disaster response plans of governments rarely include references to insurance or make provisions for visual intelligence as part of the operational response toolkit. Recent events reaffirm the value of visual intelligence - particularly when access to sites is restricted - and suggest that a more collaborative approach between emergency services and the insurance industry would enhance public sector response and facilitate community resilience.

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February 7th, 2017

Public Sector Risk Financing Perspectives – Sharing Visual Intelligence for Disaster Response: Part I

Posted at 1:00 AM ET

beverley-adams-sm2Dr. Beverley Adams, Head of CAT Planning and Response

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As governments and emergency responders focus on search and rescue in the hours and days following catastrophic events, the (re)insurance industry is autonomously responding with visual technologies for loss assessment.

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February 6th, 2017

Evolving Risks Landscape: 2008—2017

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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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January 13th, 2017

Global Risks Report 2017

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global-risks-report-landing-page-sm1The Global Risks Report 2017, produced by the World Economic Forum with support from Marsh & McLennan Companies and other partners, was published this week. Now in its twelfth edition, the report provides insights into the key global risks facing businesses as well as the collective view of risk experts in all sectors as to the most significant threats to global prosperity over the next decade. The Global Risks Report 2017 will inform discussions at the World Economic Forum’s annual meeting next week in Davos, Switzerland.

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December 8th, 2016

Chart: The Matrix of Cyber and Property Lines Insurance Coverage

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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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December 7th, 2016

Chart: Which Market Forces Do (Re)insurers See as the Most Disruptive?

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Chart highlights the result of a survey taken of 107 insurance and reinsurance professionals conducted by Guy Carpenter at the 2016 annual meeting of the Property Casualty Insurers Association of America when asked which market forces are viewed as the most disruptive to the (re)insurance industry.

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December 6th, 2016

Chart: Which Emerging Risks Do (Re)insurers See as the Biggest Threat to Profitable Growth?

Posted at 1:00 AM ET

Chart highlights the result of a survey taken of 107 insurance and reinsurance professionals conducted by Guy Carpenter at the 2016 annual meeting of the Property Casualty Insurers Association of America when asked which emerging risks will be the biggest threat to profitable growth.

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December 5th, 2016

Chart: Where Do (Re)insurers See Biggest Growth Opportunities?

Posted at 1:00 AM ET

Chart highlights the result of a survey taken of 107 insurance and reinsurance professionals conducted by Guy Carpenter at the 2016 annual meeting of the Property Casualty Insurers Association of America when asked where they see the biggest growth opportunities.

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