1. Chart – Top 10 Largest Insured Losses vs Projections for COVID-19: The chart in the link below shows how industry loss estimates for COVID-19 put forward by a number of entities compare to other major insured events, in inflation-adjusted terms. View the chart >> 2. Clarity Over Coverage is Critical as COVID-19 Casts a Shadow over January Renewals: Reinsurance r ... Continue Reading »
Quarter in Review
GC Capital Ideas Top Stories: Third Quarter, 2020
1. Mid-Year 2020 Reinsurance Renewal - Overview: GC Capital Ideas recently featured three posts covering some of Guy Carpenter’s observations on the mid-year 2020 reinsurance renewals. Read the article >> 2. Silent Cyber – No Longer Silent: Silent (or non-affirmative) cyber refers to cyber-related exposure within many all-risk general insurance products. If no exp ... Continue Reading »
GC Capital Ideas Top Stories: Second Quarter, 2020
1. Estimating the Impact of COVID-19 on the U.S. Medical (Re)Insurance Market: As the COVID-19 situation is changing on a daily basis, the impact to the insurance and reinsurance markets is not yet fully known. However, given the significance of the developments, Guy Carpenter provides our view of how COVID-19 may impact the medical (re)insurance market. Read the article ... Continue Reading »
GC Capital Ideas Top Stories: First Quarter, 2020
1. January 1, 2020 Reinsurance Renewals Reflect Asymmetrical Market: Reinsurance renewals at January 1, 2020, were shaped by deteriorating loss experience, a lack of new capital inflows and increasingly challenged environments in the primary insurance and retrocession markets, according to Guy Carpenter. Read the report >> 2. CAT-i Report on Australia Bushfires – J ... Continue Reading »
GC Capital Ideas Top Stories: Fourth Quarter, 2019
1. CAT-i Bulletin - Super Typhoon Hagibis: Typhoon Hagibis made landfall in Japan as a category-2 on the Izu Peninsula in the Shizuoka Prefecture on October 12 around 7 PM local time. Large stretches of the country were hit by strong winds and torrential rainfall, and the Japan Meteorological Agency issued warnings and advisories affecting all prefectures in the Honshū, Kyushu, ... Continue Reading »
GC Capital Ideas Top Stories: Third Quarter, 2019
1.CAT-I Bulletin: Hurricane Dorian: Hurricane Dorian was a long-lived and historic storm that rendered impacts from the Caribbean to Atlantic Canada between August 24 and September 7. It is evident from media reports that the most severe impacts occurred in the northwestern Bahamas where complete destruction of property and infrastructure was reported in Grand Bahama and Abaco ... Continue Reading »
GC Capital Ideas Top Stories: First Quarter, 2019
1. Reinsurance Rate Movement Limited At January 1 Despite Uncertainty Over Pricing Adequacy And Available Capital: The overall impact of catastrophe losses on property rates was muted at the January 1, 2019 reinsurance renewals, but the fourth highest annual catastrophe loss year on record did create questions over pricing adequacy, underwriting strategy and the amount of ... Continue Reading »
GC Capital Ideas Top Stories: Fourth Quarter, 2018
1. A Math Formula May Offer a Solution to Insurers’ Critical Challenges: Guy Carpenter has developed a methodology that applies a mathematical formula to provide insurers and reinsurers with a unified, practical framework for risk pricing and capital allocation. Read the article >> 2. Cost of Capital and its Use in Valuing Reinsurance: Increasingly, reinsurance is s ... Continue Reading »
GC Capital Ideas Top Stories: Third Quarter, 2018
1. Chart: The Cyber Insurance Matrix Explained: Chart examines the policy coverage matrix between cyber and property lines of insurance coverage. View the chart >> 2. Guy Carpenter to Host Scientific and Engineering Expo to Launch New InsurTech Advisory Offering Developed with Numerati® Partners LLC: Guy Carpenter announced the August 9, 2018 launch event for its ... Continue Reading »
GC Capital Ideas Top Stories: Second Quarter, 2018
1. Chart: Global Property Catastrophe ROL Index: The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2018. Read the article >> 2. Building for Resilience: How to Avoid a Catastrophe Model Failure: Since commercial catastrophe (CAT) models were first introduced in the 1980s, they have evolved as new scientific ... Continue Reading »
