Silent Cyber – No Longer Silent: Silent (or non-affirmative) cyber refers to cyber-related exposure within many all-risk general insurance products. If no explicit cyber exclusion applies, coverage for losses caused by cyber perils may apply. This underlying exposure’s potential for aggregated loss is currently one of the major issues being considered by the (re)insurance industry.
CAT-i Bulletin – Hurricane Hanna: Hurricane Hanna, the eighth named storm and first hurricane of the 2020 Atlantic season, made landfall in South Texas at 6PM EDT, July 25, 2020 as a category-1 hurricane. This is the highest number of named storms in the Atlantic this early in the season, according to the known historical record, and is one storm ahead of the hyperactive 2005 season.
COVID-19 – Cybersecurity Checklist for Remote Working: The COVID-19 pandemic has created an abrupt and unforeseen need for entire workforces to be moved out of corporate facilities and into virtual environments, with an estimated 62 percent of employed Americans saying they have worked from home during the ongoing crisis. The following article contains some recommended steps, considerations and tips to help protect organizations from malicious cyber threats.
Global Insurance Market Index – First Quarter 2020: Looking at Marsh’s index of the primary market in the first quarter 2020, global commercial insurance pricing increased for the tenth consecutive quarter. This is according to Marsh’s quarterly Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing change at renewal, representing the world’s major insurance markets and comprising nearly 90 percent of Marsh’s premium.
COVID-19 – Current and Future Impacts on Medical Insurance: During Guy Carpenter’s webinar, Impact of COVID-19 on Medical Reinsurance, we asked 109 leaders in the health insurance industry to provide their input on three key questions related to the impact of COVID-19 on the industry. This briefing provides a high-level review of the survey answers.
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Diversity is Key to a Successful Business: To tackle gender and diversity issues, corporate commitment goes a long way. “Our goal is to have a workforce that is representative of the society that we live in. We look at ways to unlock the full potential of our workforce by creating an inclusive culture where all can thrive and grow. Recruiting, retaining and developing diverse talent and nurturing our diverse leadership talent pipeline forms an important part of our Diversity and Inclusion strategy,” says James Nash, International CEO of Guy Carpenter.