An abundance of capital from a wide range of sources coupled with evolving catastrophe risks and an extended period of low interest rates, are increasing the pressure on the property & casualty (P&C) industry to continue to increase its focus on underwriting. As such, business models for insurance companies have been progressing and the pace and opportunity associated ... Continue Reading »
Property
Review of Climate Change Risks on GC Capital Ideas
Here we highlight the recent stories that GC Capital Ideas has presented on managing risks associated with climate change. ... Continue Reading »
The South Asia Risks Landscape
The first step for stakeholders looking to build resilience in their region is to gain a holistic sense of the risk environment, its complexities and the way in which global and local risks intersect with one another. ... Continue Reading »
The Energy Sector’s Carbon Emissions Are Rising, Not Falling. Can COP25 Turn it Around?
This year’s U.N. Climate Change Summit, known as COP25, opened last Monday (December 2nd) in Madrid against a backdrop of mounting urgency. In the last 12 months, the U.N.’s climate science body, the Intergovernmental Panel on Climate Change (IPCC), has issued two special reports raising stark warnings of the risks climate change poses to food security and the oceans. ... Continue Reading »
Guy Carpenter to Enhance Offering for US Public Entity Clients
Guy Carpenter announced that the US business of affiliate Victor, the world’s largest managing general underwriter, will offer Guy Carpenter clients who are members of US public entity insurance pools a wide range of property and casualty insurance solutions not traditionally offered by the pools. ... Continue Reading »
Review of Cyber Risk on GC Capital Ideas
Here we showcase the recent stories that GC Capital Ideas has presented on cyber risks. Particular topics of focus include how to protect data as digital systems become increasingly seamless across platforms, and the views business leaders across the US, Canada and Europe hold on the threat cyberattacks pose. ... Continue Reading »
APCIA: GC@APCIA Commentary Roundup
Here we highlight the most popular stories among our GC@APCIA series, which featured our review of critical issues shaping the reinsurance industry. These were the focus of discussions at the recent APCIA Annual Meeting, which was hosted by Guy Carpenter. ... Continue Reading »
Asia Pacific 2019: Guy Carpenter Asia Pacific Rate-On-Line (ROL) Index Rose
The Guy Carpenter Asia Pacific Rate-On-Line (ROL) Index rose in 2019; this was the first time in nearly a decade that the index did not decline. Price increases were not uniform across the region, but were targeted toward cedents or even specific layers that suffered losses. Consequently, following Typhoon Jebi, which occurred in September 2018, price increases were significant ... Continue Reading »
Global Insurance Prices Have Increased Every Quarter for Two Years
Global commercial insurance prices rose by 8 percent in the third quarter of 2019. All three major product lines — property, casualty, and financial and professional — showed increases, with the third quarter of 2019 marking the eighth straight quarter of increases in the Marsh Global Insurance Market Index since its inception in 2012, according to Dean M. Klisura, President, Gl ... Continue Reading »
How to Protect Data in an Age of Digital Seamlessness
The trend toward digital seamlessness is accelerating; industries from finance to health care are increasingly using seamless technologies to make it easier for consumers to use their products and services. More than four billion people now own a smartphone, with many using them to buy groceries, manage finances, book travel, arrange deliveries or receive health care, according ... Continue Reading »
