Reinsurance renewal negotiations are delicately poised, with increasing pressure on rates, economic uncertainty and disputes over COVID-19 wordings putting long-standing relationships to the test, according to a recent article in Insurance Day from Massimo Reina, CEO for Continental Europe at Guy Carpenter. ... Continue Reading »
Europe
Guy Carpenter/Flood Re Webinar Highlights Critical Importance of Enhanced Planning and Collaboration to Boost Flood Resilience
The dual challenges of increasing flood risk in the United Kingdom and the impact of climate change are demanding improved planning, greater adaptability and proactive engagement across multiple stakeholders to better identify climate-related exposures and enhance resilience measures, particularly in the built environment. This is according to industry policy and building ... Continue Reading »
Clarity Over Coverage is Critical as COVID-19 Casts a Shadow over January Renewals
Reinsurance renewal negotiations are delicately poised, with increasing pressure on rates, economic uncertainty and disputes over COVID-19 wordings putting long-standing relationships to the test, according to a recent article in Insurance Day from Massimo Reina, CEO for Continental Europe at Guy Carpenter. ... Continue Reading »
Guy Carpenter Appoints Managing Director of Global Risk Solutions
Guy Carpenter announced today the appointment of Andrea Piatti as a Managing Director, Global Risk Solutions, effective August 3. ... Continue Reading »
Two Years On, General Data Protection Regulation Continues to Shape Global Data Privacy Regulation
As a sector intrinsically tied to digital technology, cyber insurance is known for its dynamic and evolving nature. In 2019, the cyber insurance industry began to grapple with multiple headwinds including record General Data Protection Regulation (GDPR) fines, the introduction of new privacy regulations and systemic ransomware claims. When the European Union GDPR took effect ... Continue Reading »
Getting European Health Insurers on the Front Foot During COVID-19
Guy Carpenter is actively developing and refining our view of how COVID-19 may impact the health and medical (re)insurance markets. The COVID-19 pandemic is evolving quickly, with dramatic increases in cases and deaths across the vast majority of markets. Governments around the world are applying increasingly stringent contingency measures in an attempt to manage the ... Continue Reading »
European Healthcare Investment During COVID-19
As the initial systemic shock that COVID-19 has had across the globe begins to abate, healthcare has proven economically resilient relative to other sectors. The crisis has however fundamentally changed the short- and medium-term future healthcare landscape – impacting both the healthcare provider and life sciences industries. ... Continue Reading »
Doubling Down – Europe’s Low-Carbon Investment Opportunity
To avoid the worst impacts of climate change, global temperature rise must be limited to no more than 1.5°C, requiring global carbon emissions to decline to net-zero by the middle of the century. Accordingly, the European Union (EU) has set a new target to reach net-zero emissions by 2050. Most of the low-carbon investment needed to achieve this goal must come from the private ... Continue Reading »
Cyberattacks Are Top Concerns Among Business Leaders in the Largest EU Economies
Results from the World Economic Forum’s 2019 Executive Opinion Survey indicate that concerns about “cyberattacks” are top among business leaders in the four largest European Union (EU) economies: Germany, France, Italy and the United Kingdom; and rank first in another six countries across the continent. In late 2018 and throughout 2019, European countries have experienced cyber ... Continue Reading »
Baden Baden: GC@BB Commentary Roundup
Here we highlight the most popular stories among our GC@BB series, which featured our review of critical issues shaping the reinsurance industry. These were the focus of discussions at the recent Baden Baden Reinsurance Symposium, which was hosted by Guy Carpenter. ... Continue Reading »
