As the COVID-19 pandemic continues into the summer, public health concerns are of the utmost importance, and Guy Carpenter is actively developing a view of how COVID-19 may impact businesses as employees begin returning to their offices. And as business activity ramps up from COVID-19-related restrictions, companies are determining just how they will create a safe space for ... Continue Reading »
Legislation
Pandemic Navigator Insight Series: The Great Balancing Act
The reinsurance industry is at the forefront of conversations to create a forward-looking solution for pandemic risk in conjunction with policyholders, insurance markets and key policymakers, and Guy Carpenter is fortunate to be able to collaborate with affiliate Oliver Wyman on these efforts. Welcome to the second installment of the Oliver Wyman Pandemic Navigator Insight ... Continue Reading »
Cyber Risk Outlooks for 2020 and Beyond
Much transpired in the cyber space in 2019 – record General Data Protection Regulation (GDPR) fines, the introduction of new privacy regulations, systemic ransomware claims, debate around the war exclusion and increasing concern surrounding non-affirmative cyber in the underwriting community. Looking toward the remainder of 2020, we see a number of emerging trends that present b ... Continue Reading »
What a New Member Mix Means for Payers
As Guy Carpenter helps clients, the societal, operational and human costs associated with COVID-19 are primary in our thoughts, discussions and efforts. While these costs are undoubtedly high, health insurers and reinsurers are also closely monitoring the direct and indirect financial impact of the virus, including the potential ramifications of growing ... Continue Reading »
Compliance and COVID-19: Moving to a New Normal
COVID-19 has created unprecedented business and regulatory disruption in a condensed period. There are massive changes to how financial institutions operate and what regulators and supervisors expect, in addition to significant economic impacts on society, businesses and individuals, according to Oliver Wyman Financial Services Partners Elena Belov, Tammi Ling and Allen Meyer, ... Continue Reading »
Regulatory Action: Protecting our Planet and the Public Purse
Without a change in behavior, climate change has the potential to reshape the global economy, according to Guy Carpenter’s new report on the risk landscape for public sector entities, Protecting our Planet and the Public Purse. Several provincial and state governments are focusing on mitigation measures in order to attempt to alleviate the economic impacts associated with c ... Continue Reading »
A Clear and Present Danger: Protecting our Planet and the Public Purse
According to Antonio Guterres, Secretary General of the United Nations, climate change is “the single biggest threat to life, security and prosperity on Earth.” Secretary Guterres is not alone in drawing this conclusion. ... Continue Reading »
What’s Old is New Again – How Older Cyber Risks are Presenting New Exposures
Guy Carpenter recently published its Cyber Year in Brief and 2020 Outlook, which takes a look back at the prevailing cyber-related trends of 2019. ... Continue Reading »
Uncertainty Around TRIPRA Renewal: Mitigation Strategies Essential
Despite a reduction in the number of large terror attacks in the United States, the market for terror (re)insurance is maturing and the peril is changing. Instead of targeting property, more frequent “soft” human attacks are becoming commonplace, increasing the threat of incidents occurring in or near public spaces and workplaces. Adding to the complexity is the current unc ... Continue Reading »
Motor Insurance in EMEA: Evolving at Speed
Motor insurance is the most widely purchased property and casualty product in Europe and represents an important platform in the region for both traditional and non-traditional products, managing general agents, captives and other affinity and distribution platforms, according to Federico Camera, Managing Director, Guy Carpenter and Pawel Koszorek, Senior Vice President, Guy ... Continue Reading »
