The COVID-19 pandemic clearly presents significant challenges to insurers, but it is also becoming increasingly clear that (re)insurers are likely entering a far more favorable underwriting environment. After years of relative stability brought about by strong capitalization, the landscape for the sector has undeniably changed, with pressure on the asset side of balance sheets ... Continue Reading »
Casualty
Webinar: Cyber Resilience, COVID-19 Response and the ‘New Normal’ – Learnings and Predictions
As a sector intrinsically tied to digital technology, cyber insurance is known for its dynamic and evolving nature. Looking toward the remainder of 2020, as COVID-19 upends how businesses interact with technology, the reinsurance market sees a number of emerging trends that present both potential challenges and opportunities. The global COVID-19 pandemic has had dramatic ... Continue Reading »
The Healthcare Industry Needs to Step Up Its Security Game Now
As technology evolves, companies face both new opportunities and new risks, and Guy Carpenter’s Cyber Global Center of Excellence is actively monitoring significant developments in the cyber risk sphere. Guy Carpenter-affiliate Oliver Wyman and Welltok recently hosted a webinar to demystify data security, with a focus on why we all need to play a role in protecting health da ... Continue Reading »
Webinar: Senior Care Market – Trials and Tribulations in the Face of COVID-19
As we learn more about the COVID-19 virus, societal responses and vaccine development, our collective knowledge continues to develop. Throughout this time, Guy Carpenter is continually connecting with our clients and business associates to gather the key questions health insurers are asking along with the range of potential outcomes. The commercial property and casualty ... Continue Reading »
Will Smart Containment Save the Economy?
As the costs stemming from COVID-19 continue to climb, reinsurers are collaborating with healthcare executives on how to mitigate the impacts of the virus on the sector, and virtual health care tools are becoming increasingly commonplace. COVID-19 is far from over. Looking at the nationwide numbers, there’s very little difference between the end of March and the end of May. S ... Continue Reading »
Guy Carpenter Appoints Head of Lines at GC Fac as Part of Realignment Process
Guy Carpenter announced today the appointment of Henry Lawrence as a Managing Director, GC Fac UK, effective August 17. ... Continue Reading »
COVID-19: Insights, Perspectives & Tools
Crises are often (mis)characterized as “unprecedented,” but the word is entirely appropriate to describe the societal and economic fallout from the COVID-19 pandemic. ... Continue Reading »
COVID-19 Perspectives Series: Q&A with David Priebe, Chairman, Guy Carpenter
Guy Carpenter Chairman David Priebe recently held a three part interview with The Insurer to share his thoughts on the myriad ongoing and potential impacts of the COVID-19 pandemic. ... Continue Reading »
Transformational Investment: Converting Global Systemic Risks into Sustainable Returns
The reinsurance market has established itself as a capable private partner for the public sector in recent years. Putting the capital and capabilities of the reinsurance sector to work to create new coverages and meet evolving demands from public sector entities is a crucial component for reducing disaster suffering. At a time when governments worldwide are forced to bear a ... Continue Reading »
Is It Time For a Digital-Only Health System?
As the costs stemming from COVID-19 continue to climb, reinsurers are collaborating with the healthcare industry on how to mitigate the impacts of the virus on the sector. Virtual health care options are becoming increasingly commonplace, and the growing use of telemedicine and capacity constraints within our healthcare system will potentially dull utilization increases. As ... Continue Reading »
