Demand for healthcare in the Asia-Pacific region is growing rapidly. This is especially true given its rising aging population (the number of elderly people in Asia by 2030 will increase by 200 million, or 71 percent) and as governments continue to roll out ambitious universal health coverage schemes (which have been seeing recent success in countries such as India, the Phi ... Continue Reading »
Week’s Top Stories: January 25 – 31, 2020
January 1, 2020 Reinsurance Renewals - Retrocession: Reinsurers have ceded increased levels of premium into the retrocession market in recent years by leveraging strong market competition brought by new capital inflows. However, the environment in the retrocession market was challenged at January 1, 2020, characterized by trapped capital, a lack of new capital and continued ... Continue Reading »
Deep Dive on Decarbonization of Maritime Industry
Climate change is an increasingly urgent global issue that crosses sectors and geographies. Reducing Green House Gas Emissions (GHG) is at the forefront of many efforts to combat the potentially catastrophic rise in global temperatures, and an area in which shipping has a strong role to play. ... Continue Reading »
January 1, 2020 Reinsurance Renewals: Retrocession
Reinsurers have ceded increased levels of premium into the retrocession market in recent years by leveraging strong market competition brought by new capital inflows. However, the environment in the retrocession market was challenged at January 1, 2020, characterized by trapped capital, a lack of new capital and continued redemptions from third-party providers. ... Continue Reading »
2020 Global Risks Report
The 2020 Global Risks Report, prepared by the World Economic Forum (WEF) with the support of Marsh & McLennan Companies, comes as long-mounting, interconnected risks begin to present themselves, and the need to address them becomes more urgent. ... Continue Reading »
2020 State of the Financial Services Industry Report
Financial institutions in 2020 face a big challenge: creating the business of the future from the legacy they have today. This is revealing a major tension between two opposing mindsets, the vision mindset and the value mindset. ... Continue Reading »
Week’s Top Stories: January 18 – 24, 2020
Global Risks Report 2020: The 15th edition of the Global Risks Report has been published by the World Economic Forum with support from Marsh & McLennan. Drawing on feedback from nearly 800 global experts who were asked to rank their concerns in terms of likelihood and impact, this year’s report highlights two core threads across the risks landscape: Intensifying c ... Continue Reading »
CAT-i Report: Southern Australia Hailstorms
Severe thunderstorm activity affected large parts of Victoria, Canberra, Sydney and South-East Queensland from January 19-21. The storms produced large hail, damaging winds and flash flooding in many areas across these states. According to the Australian Bureau of Meteorology (BOM), there were ground reports of hail of up to 5 cm (2.5 inches) in diameter across Canberra, ... Continue Reading »
Is the Energy Sector’s Risk Management Keeping Up with the Pace of Digitalization
Expanding digitalization is a core characteristic of the energy sector’s ongoing transformation. The adoption of intelligent, sophisticated technology, including artificial intelligence for control and monitoring systems, is enabling new business models and more efficient asset management. ... Continue Reading »
Modeling Insights
Here we review recent GC Capital Ideas posts covering insights on modeling. ... Continue Reading »
