A number of countries provide for government supported terrorism risk transfer solutions to manage global threats of terrorism. The actual mechanisms employed are a spectrum between loan and direct support, as illustrated in the chart below.
Posts Tagged ‘terror’
Differing approaches between the accountability and transparency required of public entities and near term profit expectations of the private sector can result in culture clashes. (Re)insurance support is a function of profit potential over time. The following factors should be considered to align the competing interests of public and private sector entities:
New Products Revealed as Biggest Growth Opportunity for (Re)Insurers in 2016, According to Annual Guy Carpenter Survey
New products represent the biggest growth opportunity for (re)insurers in the year ahead, according to a survey released today by Guy Carpenter. The fourth annual survey polled insurance and reinsurance executives at the 2015 Property Casualty Insurers Association of America (PCIAA) Annual Meeting, held in Hollywood, Florida. Designed to identify what (re)insurance professionals believe to be the leading opportunities and threats to growth, this year’s survey examines which areas are most in need of innovation as well as the emerging risks respondents believe will impact their plans for growth in 2016.
Here we review the evolving role of reinsurance in mitigating public sector risk through the expanding deployment of reinsurance and capital market solutions:
As we approach the April 2015 reinsurance renewal, we look back at the Jan. 1 renewal.
Here we review recent GC Capital Idea stories on catastrophe models that focus on exposures beyond catastrophe property risk: