Risk & Capital Management
How Will Insurers Navigate This Recession?
In less than a year, COVID-19 changed the business landscape worldwide. Entire workforces relocated from their offices to their homes. Businesses changed channels and basic ...
Swiss Re’s Risk Radar
Swiss Re's annual SONAR report, published in early June, highlights 14 emerging risks that will impact different sectors of the insurance industry in different time frames. The accompanying chart ...
Dynamic Planning Framework: How Carriers Can Deal With Uncertain Risks
Insurance companies have always been leaders in dealing with uncertainty. The difference today is that the threat environment has become more volatile. Climate change has made natural disaster ...
Reinsurance Capital Dips; Capacity Available: Aon
Global reinsurance capital fell 6 percent to $590 billion for the first quarter of 2020, Aon reported in its June/July Reinsurance Market Outlook report this week The report, which also looks at ...
Is a ‘Class of 2020’ Emerging?
Even though accelerating hard market conditions may seem ideal for a growing crop of professionals with designs on starting up insurance and reinsurance companies, garnering AM Best ratings still ...
Bank of England Tells Banks, Insurers to Press Ahead With Analyses of Climate Change Risks
The Bank of England (BoE) has told banks and insurers to press ahead with analyzing the impact of climate change on their operations, saying that guidance published on Monday would be followed by ...
What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims
How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance professionals suggested recently, adding more ...
Diverging Views: Is COVID a One-Off Cat or Not?
While reinsurers are "open for business" and insurers and reinsurers are reporting the impacts of COVID-19 as a one-off catastrophe impacting earnings rather than capital, equity markets are viewing ...