1. CAT-i Bulletin: Mw 7.1 Fukushima Earthquake, Japan February 13: The earthquake occurred at 23:07 local time, on Saturday February 13. The United States Geological Survey reported the epicenter to be 96.6 km southeast of Sendai, Japan at a depth 49.9 km. Read the bulletin >> 2. Reinsurance Implications of the United Kingdom’s Business Interruption Test Case: The U ... Continue Reading »
Casualty
Video: Heightened Volatility and Prolonged Uncertainty To Drive Reinsurance Demand in 2021
David Priebe, Chairman, Guy Carpenter, highlights how, while the industry is facing a range of new risks in 2021, it is presented with new opportunities. ... Continue Reading »
Global Risks Report 2021: Drive Towards Technology Governance
Rapid technological changes, digitalization in particular, have already transformed the characteristics of risks assumed by the (re)insurance market. COVID-19 will only accelerate these trends. Cyber is a working example of how the risk transfer sector is capable of responding to transformative developments, and it provides a glimpse into the growth potential on offer as new ... Continue Reading »
GC Capital Ideas Top Stories: January 2021
1. Rate Movements Moderated by Availability of Capacity as Negotiations Center on Pricing and Terms at January 1, 2021 Renewals: Price increases at the January 1, 2021 reinsurance renewals were moderated compared to initial expectations by abundant capital levels and an increased willingness on the part of reinsurers to deploy capacity in several sectors, according to Guy ... Continue Reading »
Global Risks Report 2021: Reflections on COVID-19 – Risk Financing
The (re)insurance industry, policyholders and governments throughout the world must come together on an approach that offers relief to those who need it now and develop a plan to implement mitigation strategies and a response mechanism for future pandemic events. ... Continue Reading »
GC Capital Ideas Top Cyber Insights of 2020
Here we highlight the most popular stories on cyber that appeared in 2020 on GC Capital Ideas. ... Continue Reading »
Video: Rate Change Dynamics Heading into 2021
Lara Mowery, Global Head of Distribution at Guy Carpenter, highlights how renewal discussions are focusing on the offsetting trends of underlying rate changes on casualty business and loss activity that has occurred in the past. ... Continue Reading »
Key Cyber Risk Concerns and Claims Trends
The similarities between a pandemic and a cyber attack should have all insurers reconsidering their stress scenarios. Key cyber risk concerns can be divided broadly into three categories, those related to silent cyber (non-cyber insurance policies that are liable for a cyber loss), claims trends and the effects of COVID-19. ... Continue Reading »
GC Capital Ideas Top Healthcare Insights of 2020
Here we highlight the top stories of 2020 that GC Capital Ideas has presented on managing risks associated with healthcare. ... Continue Reading »
Marsh & McLennan and The World Economic Forum Present The Global Risks Report 2021
The 16th edition of the Global Risks Report, published by the World Economic Forum with support from Marsh & McLennan, highlights the disruptive implications of major risks, including the COVID-19 pandemic, that may reshape our world in 2021 and over the next decade. ... Continue Reading »
