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Guy Carpenter
GC Capital Ideas

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, according to Robert Lumia, Senior Vice President, and David Domino, President, U.S. Segments, Guy Car ... Continue Reading »

Protecting the Public Purse: The Role of Public-Private Partnerships in a Warmer World

In light of COVID-19, the 26th United Nations Climate Change Conference of the Parties (COP26) – the most significant climate summit since the 2015 signing of the Paris Agreement – was postponed. However, this does not signify that climate change has been knocked off the agenda. In fact, critical momentum around this issue continues to build, according to Ruth Lux, Head of Pub ... Continue Reading »

Video: What Governments Can Do to Identify and Build Resilience Against Climate Risks

Climate change risk is, by its very nature, massively disruptive, and nations are responsible for an increasing share of the costs as communities and businesses rely more and more on state natural disaster relief. Put simply, insurance penetration is falling behind rising loss trends, and the situation is only going to deteriorate going forward, especially as climate change ... Continue Reading »

How to Spot When Employees Are Struggling, and How to Plan for a Healthier Workforce

The transition to working from home has gone incredibly smoothly overall, enabling seamless communication between brokers, cedents and reinsurers. Technological advancement has facilitated this transition but human behaviors are equally important in ensuring colleagues continue to feel “connected” to their co-workers, clients and the overall market. Communication on an ongoing b ... Continue Reading »

Ripples of COVID-19: What Concerns Business Leaders for the Decade to Come?

Despite pandemic risk being a known threat, COVID-19 has introduced significant uncertainty into the (re)insurance market. Who could have predicted at the turn of the year that, within three months, governments worldwide would simultaneously impose quarantines, travel restrictions, business closures and a variety of other measures in an attempt to mitigate the spread of a ... 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 »