Wildfire – Understanding and Modeling the Risk: The ability to understand the underlying risk and to model potential exposures will be key to risk management and underwriting decisions moving forward. Read the article >> Guy Carpenter/Flood Re Webinar Highlights Critical Importance of Enhanced Planning and Collaboration to Boost Flood Resilience: The dual challenges ... Continue Reading »
Week in Review
Week’s Top Stories: November 14 – 20, 2020
Why 2020 Has Made the Ever-Evolving Cyber Landscape Even More Dynamic: The insurability of systemic cyber risk will be one of the defining issues of the next decade for the (re)insurance sector. Rapid technological changes and digitalization in particular have already transformed the characteristics of risks assumed by the (re)insurance market. As companies depend more on ... Continue Reading »
Week’s Top Stories: November 7 – November 13, 2020
The Changing Nature of Risk: There is an old adage that “adversity builds character.” However, before adversity builds character, it reveals character, and the numerous catastrophes that have occurred over the last several years combined with the ongoing pandemic have clearly revealed the character of the insurance industry. Read the article >> Our Work Lives Will Not Re ... Continue Reading »
Week’s Top Stories: October 31 – November 6, 2020
COVID-19 - The View From the Marketplace: Guy Carpenter is continually connecting with our clients and business associates to gather the key questions health insurers are asking along with the range of potential outcomes. In support of this goal, Guy Carpenter hosted a webinar, The Impact of COVID-19 on Medical Reinsurance, and asked 109 leaders in the health insurance industry ... Continue Reading »
Week’s Top Stories: October 24 – October 30, 2020
Risk-Based Capital Stress Testing in Today’s Environment: As companies continue to navigate the repercussions of the COVID-19 pandemic, it is important that they understand the pandemic’s impact on risk-based capital (RBC). Insurers are dealing with COVID-19’s effects on assets and liabilities, both of which can affect capital levels. This article provides readers insights into ... Continue Reading »
Week’s Top Stories: October 17 – 23, 2020
Video - The Reinsurance Market and Climate Change: In this video, Jessica Turner, Senior Vice President, Catastrophe Advisory at Guy Carpenter, explains to The Insurer how firms need to incorporate climate change and related risk factors into their decision making. Read the article >> Why 2020 Has Made the Ever-Evolving Cyber Landscape Even More Dynamic: The ... Continue Reading »
Week’s Top Stories: October 10 – 16, 2020
Why 2020 Has Made the Ever-Evolving Cyber Landscape Even More Dynamic: Businesses continue to embrace technological innovation despite the fact that doing so may lead to the emergence of new and unforeseen risks. As regulators formalize capital requirements and qualitative measurements of risk appetite in this rapidly evolving market, companies will be required to enhance cyber ... Continue Reading »
Week’s Top Stories: October 3 – 9, 2020
Risk-Based Capital Stress Testing: As companies continue to navigate the repercussions of COVID-19, it is important that they understand the pandemic’s impact on risk-based capital (RBC). Insurers are dealing with COVID-19’s effects on assets and liabilities, both of which can affect capital levels. Read the article >> Climate Change is an Opportunity for Business to ... Continue Reading »
Week’s Top Stories: September 26 – October 2, 2020
Standard & Poor’s Outlook on COVID-19 – Overview: GC Capital Ideas recently featured a four-part article on Standard & Poor’s (S&P) assessment of COVID-19’s impact across the insurance and reinsurance markets. The series discusses the pandemic’s effect on U.S. property & casualty (P&C) insurance, U.S. life insurance, global reinsurance and stress test modelin ... Continue Reading »
Week’s Top Stories: September 19 – 25, 2020
Why We Need Community-Based Catastrophe Insurance: As disaster losses escalate around the globe, the difference between economic damages and the amount that is insured — known as the natural catastrophe protection gap — is an issue of increasing focus for community leaders and policymakers. Read the article >> Mid-Year 2020 Reinsurance Renewal - Guy Carpenter U.S. Pr ... Continue Reading »
