In an 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 »
GC Capital Ideas Top Climate Change Insights of 2020
Here we highlight the top stories of 2020 that GC Capital Ideas has presented on managing risks associated with climate change. ... Continue Reading »
Chart: Strong Growth in Cyber Premium Volume
The following chart, generated from A.M. Best data and research, shows the strong growth in premium volume for the property and casualty (P&C) industry cyber security segment. ... Continue Reading »
Week’s Top Stories: January 2 – 8, 2021
Rate Movements Moderated by Availability of Capacity as Negotiations Center on Pricing and Terms at January 1, 2021 Renewals: Price increases at the January 1, 2021 reinsurance renewals were moderated compared to initial expectations by abundant capital levels and an increased willingness on the part of reinsurers to deploy capacity in several sectors, according to Guy ... Continue Reading »
GC Capital Ideas: Top Stories in 2020
GC Capital Ideas takes a look back at the top stories of 2020. ... Continue Reading »
GC Capital Ideas Top Stories: Fourth Quarter, 2020
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 »
Rate Movements Moderated by Availability of Capacity as Negotiations Center on Pricing and Terms at January 1, 2021 Renewals
Price increases at the January 1, 2021 reinsurance renewals were moderated compared to initial expectations by abundant capital levels and an increased willingness on the part of reinsurers to deploy capacity in several sectors, according to Guy Carpenter. ... Continue Reading »
GC Capital Ideas Top Stories: December 2020
1. COVID-19 Losses and Business Interruption – Leading Up to January 2021 Reinsurance Renewals: With regard to direct COVID-19 losses, many market commentators are revising their initial loss estimates downward, particularly in the domain of property business interruption (BI). Based on third-quarter earnings announcements to date, reported losses for COVID-19 reached just over ... Continue Reading »
Week’s Top Stories: December 26, 2020 – January 1, 2021
Video - Negotiating the Fine Print of Pandemic Coverage Exclusions: Changes in reinsurance terms and conditions, notably the exclusion of pandemic cover in new and renewing contracts, will be a key feature of discussions as January 1 renewal negotiations come to a close in the coming days. In the video in the following link, Lara Mowery, Global Head of Distribution at Guy ... Continue Reading »
Video: (Re)insurance Startups – The Class of 2020
As capital continues to be drawn to the opportunity of improved pricing conditions across the (re)insurance market, the emerging class of 2020 (re)insurance startups is expected to bring both long-term and committed solutions to brokers and cedents, according to Lara Mowery, Global Head of Distribution at Guy Carpenter. ... Continue Reading »
