Here we showcase the recent stories that GC Capital Ideas has presented on cyber risks. Particular topics of focus include silent cyber and the intersection of COVID-19 and cyber risk. ... Continue Reading »
Property
It’s Time for Insurance to Catch Up to the Intangible Asset Revolution
The COVID-19 pandemic and social unrest in 2020 remind us that the insurance industry’s challenges might change on a year-to-year basis, but they will never end. COVID-19 may represent the vanguard of a series of public health crises arising out of climate change, income inequity, fraying social safety nets, demographic imbalances, resource shortages and increasingly stressed u ... Continue Reading »
U.S. Property & Casualty Rating Upgrades Outpace Downgrades During the First Half of 2020
Given the confluence of COVID-19, ongoing fire and wind catastrophe events and A.M. Best’s evolving criteria it is increasingly important to stay on top of A.M. Best’s views, particularly on topical issues. ... Continue Reading »
Navigating Legacy Liabilities for Captives
In a recent interview with Captive International, Rob Collins, Managing Director and North American Sales Leader, Guy Carpenter, discussed the tremendous opportunity for Guy Carpenter in the legacy captive space. ... Continue Reading »
Catastrophe Bond Activity: Market Hardening
There will continue to be upward momentum of rates in 2021, with particular volatility in the retrocession space, although how long these conditions last is uncertain, according to Des Potter, Managing Director, Insurance-Linked Securities (ILS) Origination and Structuring at GC Securities*. ... Continue Reading »
Why We Need Community-Based Catastrophe Insurance
The impacts of COVID-19 on individuals, communities and insurers are continuing to unfold and no doubt present uncertainty. However, the current disruption also serves to highlight the importance of lessening reliance on federal financial relief and, instead, creating financial resilience at the community level. ... Continue Reading »
Video: Better By Design – Navigating The Changing Nature of Risk
As organizations continue to adapt and respond to the COVID-19 pandemic, understanding its impacts is critical to mapping the path forward as a business, industry and broader society. Virtually bringing together global clients, colleagues and subject matter experts, including those from Guy Carpenter, the recent Marsh & McLennan Better By Design conference provided a ... Continue Reading »
Captive Managers – A Light in the Darkness
In a recent interview with Captive International, Rob Collins, Managing Director and North American Sales Leader, Guy Carpenter, discussed captives and the importance of working alongside trusted partners amid the increasing opportunities provided by new technologies. ... Continue Reading »
Guy Carpenter Appoints Head of Japan
Guy Carpenter today announced the appointment of Pietro Toffanello as Head of Japan in the first quarter of 2021. ... Continue Reading »
Catastrophe Bond Activity: Looking Towards 2021
Catastrophe bonds are set to buck the trend elsewhere in the insurance-linked securities (ILS) market, with a strong issuance pipeline for the fourth quarter of 2020 and first quarter of 2021, according to Des Potter, Managing Director, ILS origination and structuring at GC Securities*. ... Continue Reading »