Month in Review

1. Diversity is Key to a Successful Business: To tackle gender and diversity issues, corporate commitment goes a long way. “Our goal is to have a workforce that is representative of the society that we live in. We look at ways to unlock the full potential of our workforce by creating an inclusive culture where all can thrive and grow. Recruiting, retaining and developing d ... Continue Reading »

1. June 1, 2020 Reinsurance Renewal - COVID-19 Looks Set to Rank Among the Sector’s Most Expensive Events: Although considerable uncertainty remains over its ultimate cost, COVID-19 looks set to rank among the sector’s most expensive events. The pandemic has the potential to bring unknown loss impacts. It is also likely to be one of the slowest developing catastrophes that car ... Continue Reading »

1. COVID-19 Makes Digital Care the Norm in China: The global COVID-19 pandemic has hit healthcare hard, considering the immense pressure for the sector to build up capacity, to protect its workforce, to coordinate across public response and policy and to assure and serve the populace in many stages of worry or disease. As the government urged or mandated populations to stay at ... Continue Reading »

1. Private Equity Responses to COVID-19: COVID-19 has infected thousands of people globally and is taking its toll on individuals, families, and economies as productivity drops and stock markets reflect increased global uncertainty. Experts are monitoring numerous items in an attempt to determine how long this could last, and how it might play out. Read the article ... Continue Reading »

1. CAT-i Bulletin - Tennessee Tornadoes: In the early hours of March 3, 2020, severe thunderstorms spawned multiple tornadoes in Middle Tennessee, including an EF-3 tornado affecting parts of Nashville and a stronger EF-4 tornado in Putnam County. Read the article >> 2. Access to Private Capital Crucial to Governments’ Ability to Enhance Climate Resilience: Severe w ... Continue Reading »

1. January 1, 2020, Reinsurance Renewals - Property Catastrophe: Pricing corrections in the property catastrophe reinsurance market over the last few years have been localized, and mitigated to some extent by sufficient levels of capacity. These traits, along with the fact that the mix of loss-affected and non-loss-affected business up for renewal at January 1 is more diverse ... Continue Reading »

1. January 1, 2020 Reinsurance Renewals Reflect Asymmetrical Market: Reinsurance renewals at January 1, 2020, were shaped by deteriorating loss experience, a lack of new capital inflows and increasingly challenged environments in the primary insurance and retrocession markets, according to Guy Carpenter. Read the article >> 2. CAT-i Report on Australia Bushfires – J ... Continue Reading »

1. Competition and Change Are the Only Certainties for P&C Carriers: 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 ... Continue Reading »

1. Emerging From the Shadows; Casualty: Casualty (re)insurance is often overshadowed by developments in property lines. As the last two years have shown, the human impact and devastating damage caused by catastrophes such as hurricanes, typhoons, wildfires and earthquakes tend to dominate the headlines. Read the article >> 2. 2019 Asia Pacific Catastrophe ... Continue Reading »