The twin trends of rapid population aging and automation have been unprecedented in speed and scope. Both academia and industry have dedicated extensive research to understanding the direction, magnitude, variations, and impacts of these separate trends. ... Continue Reading »
Competition and Change Are the Only Certainties for P&C Carriers: Part III; Trends in Personal Lines
Homeowners reverted to its historical trend with combined ratios in excess of 100 percent due to another round of catastrophe events affecting the United States. With the increase in personal auto competition, personal lines-dominant insurers face increased speculation on how to develop long-term prospective profits. The study found that personal lines writers experienced a ... Continue Reading »
Competition and Change Are the Only Certainties for P&C Carriers: Part II; Insights on Commercial Lines
Product liability insurers face liability claims challenges as trial lawyers ramp up around new mass torts including opioids, e-cigarettes, talc, and Round-Up. This is apparent from some of the recent judgments and settlements against the manufacturers of opioids. How this migrates through other insurers is unknown as of yet. ... Continue Reading »
Week’s Top Stories: December 7 – December 13, 2019
Competition and Change Are the Only Certainties for P&C Carriers - Part I: An abundance of capital from a wide range of sources coupled with evolving catastrophe risks and an extended period of low interest rates, are increasing the pressure on the property & casualty (P&C) industry to continue to increase its focus on underwriting. As such, business models for ... Continue Reading »
Competition and Change Are the Only Certainties for P&C Carriers: Part I
An abundance of capital from a wide range of sources coupled with evolving catastrophe risks and an extended period of low interest rates, are increasing the pressure on the property & casualty (P&C) industry to continue to increase its focus on underwriting. As such, business models for insurance companies have been progressing and the pace and opportunity associated ... Continue Reading »
Review of Climate Change Risks on GC Capital Ideas
Here we highlight the recent stories that GC Capital Ideas has presented on managing risks associated with climate change. ... Continue Reading »
The South Asia Risks Landscape
The first step for stakeholders looking to build resilience in their region is to gain a holistic sense of the risk environment, its complexities and the way in which global and local risks intersect with one another. ... Continue Reading »
The Energy Sector’s Carbon Emissions Are Rising, Not Falling. Can COP25 Turn it Around?
This year’s U.N. Climate Change Summit, known as COP25, opened last Monday (December 2nd) in Madrid against a backdrop of mounting urgency. In the last 12 months, the U.N.’s climate science body, the Intergovernmental Panel on Climate Change (IPCC), has issued two special reports raising stark warnings of the risks climate change poses to food security and the oceans. ... Continue Reading »
Week’s Top Stories: November 30 – December 6, 2019
Guy Carpenter Market Pulse - Employee Stop Loss (ESL) Survey Results: The Guy Carpenter ESL survey focused on various issues, including market sizing, outsourcing of various functions, employee count and more. Our survey gathered responses from top providers in the U.S. market, representing various sizes, segments and distribution sources. Read the article >> Oliver ... Continue Reading »
Guy Carpenter to Enhance Offering for US Public Entity Clients
Guy Carpenter announced that the US business of affiliate Victor, the world’s largest managing general underwriter, will offer Guy Carpenter clients who are members of US public entity insurance pools a wide range of property and casualty insurance solutions not traditionally offered by the pools. ... Continue Reading »
