Week in Review

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. In its initial view of the January 2020 renewal, Guy Carpenter said that ... Continue Reading »

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 >> CAT-i Report - Australia Bushfires: Bushfire ... Continue Reading »

Methodological Considerations in the Statistical Modeling of Catastrophe Bond Prices: John Major has authored an article that aims to help actuaries, financial analysts, statisticians, data scientists and their clients better investigate how property catastrophe risk, and particularly catastrophe bonds, are priced. Read the article >> Review of Healthcare Coverage ... Continue Reading »

Staying Atop the Changing Cyber Insurance Market Is a Necessity for Boards:  Cyber threats are a strategic enterprise risk that require significant focus and time by boards and C-suite members, among other key stakeholders. Yet, many organizations have worryingly low board and executive-level engagement around cyber risk, according to the Marsh Microsoft Global Cyber Risk P ... Continue Reading »

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 »

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 »

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 »

The Captive Business Strategy: Employee Medical and Other Heath Care Risks: Medical systems have historically been the quickest to adopt captives to control their employee healthcare costs. From regional hospitals with a single plan, to large hospital systems with multiple plans, the systems have found that a captive-based structure used at the parent level enables a more ... Continue Reading »

Global Insurance Prices Have Increased Every Quarter for Two Years: Global commercial insurance prices rose by 8 percent in the third quarter of 2019. All three major product lines — property, casualty, and financial and professional — showed increases, with the third quarter of 2019 marking the eighth straight quarter of increases in the Marsh Global Insurance Market Index sin ... Continue Reading »

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 >> Baden Baden: GC@BB Commentary Roundup: Here we ... Continue Reading »