The same technological developments and tools that are enabling organizations to transform and advance are also introducing their own set of potential threats. ... Continue Reading »
To Lead through Disruption, Tech Firms Reinvent HR in the Innovation Era
Sheela Sukumaran, Partner, Mercer’s Multinational Client Group Contact Disruptive innovation has become the new normal. For today’s technology organizations that define and deliver disruption, it’s important to create workplaces that inspire, enable and drive innovation — all while serving as talent magnets. With competition for highly skilled talent at an all-time high, t ... Continue Reading »
Threat of Cyber Incidents on the Rise
The nature of the terrorism threat facing society has changed considerably in the last 20 years. Previously, governments and (re)insurers structured their mitigation strategies and responses to deal with attacks that were large in scale. ... Continue Reading »
Life Insurance Insights
Here we review recent stories on GC Capital Ideas that provide insights on the new paradigm around life reinsurance. A Dynamic Approach to Managing Life Reinsurance Arrangements: The traditional life reinsurance model typically involves perpetual treaties linked to an underlying product. In order to create alignment between the contracting parties, the treaty would follow ... Continue Reading »
Week’s Top Stories: July 27 – August 2, 2019
Chart: Significant Insured Losses – 2011 to Q2 2019: Chart exhibits the significant insured losses from 2011 through the second quarter of this year. First-half 2019 losses are at levels below those experienced in first-half 2017 and 2018. View the chart >> 2019 Terrorism Risk Insurance Report: Terrorism remains a dynamic global risk and a serious threat for people a ... Continue Reading »
GC Capital Ideas Top Stories: July 2019
1. Chart: Significant Insured Losses – 2011 to Q2 2019 : Chart exhibits the significant insured losses from 2011 through the second quarter of this year. First-half 2019 losses are at levels below those experienced in first-half 2017 and 2018. View the chart >> 2.Searles Valley Earthquake Sequence: Mw 6.4 and Mw 7.1 Events : A pair of significant earthquakes struck t ... Continue Reading »
2019 Terrorism Risk Insurance Report
Terrorism remains a dynamic global risk and a serious threat for people and organizations. The evolution of terrorism risk exposes many countries to complex threats from both international and home-grown groups, as well as individuals acting on their own, known as “lone wolves.” And the evolution of terrorism risk in recent years challenges risk professionals to adopt new str ... Continue Reading »
Captives Looking to Capitalize on Technology Innovations
The wave of digitization across industries, including insurance, is creating opportunities for captives to invest in technology innovations that can reduce administrative expenses. As digital experiences reshape consumer expectations, businesses are taking cues to deploy technologies that make it easier for users to find information and complete transactions. ... Continue Reading »
As Wildfires Get Costlier and Deadlier, Insurers and Utilities Pay the Price
Rob Bailey, Director of Climate Resilience at Marsh & McLennan Insights Contact The wildfires of 2017 and 2018 have led some to ask whether we have entered a fiery new normal. But the “new normal” framing — the idea that we have reached a new equilibrium — is misleading. Climate change and growing numbers of people and assets in fire prone areas mean there is little ch ... Continue Reading »
Week’s Top Stories: July 20 – 26, 2019
Chart: Significant Insured Losses – 2011 to Q2 2019: Chart exhibits the significant insured losses from 2011 through the second quarter of this year. First-half 2019 losses are at levels below those experienced in first-half 2017 and 2018. View the chart >> CAT- i Bulletin: Hurricane Barry: Hurricane Barry made landfall near Morgan City, Louisiana on July 13, b ... Continue Reading »
