Viewpoints
Why Build Your Own Cat Model?
Insurers are using the new open loss modeling platforms to build their own catastrophe models for three main reasons: clarity, control and cost. Catastrophe models have become extremely important ...
What Might a ‘Cyber Andrew’ Look Like?
Every component of the world's public and private infrastructure is subject to the risk of a cyber attack. Companies today face loss of or damage to digital assets; theft of funds; security and ...
Is the Insurance Industry Going to the Origami Dogs—or Their Creators?
An unhappy customer arrives at the office of an insurance company executive by limousine to discuss concerns about the company's service. The scenario may not seem typical unless you're the CEO of an ...
Competition Consumers Deserve: PCI Opinion
Consider the scenario: A family of three suffers an accident and needs to replace several parts on their car. It's an expensive ordeal. And in our current system drivers are forced to rely largely on ...
Disruptive Innovation: Changing Mindsets for Success
"Disruption," "innovation" and "analytics" are three of the trendiest words in the popular press today. PwC's "18th Annual Global CEO Survey" shows that nearly 70 percent of insurance CEOs are ...
Re Pricing Trough Nearer, Says JLT Re
Midyear reinsurance renewals are now leading indicators of Jan. 1 conditions, JLT Re said in a report released earlier this week, suggesting that a reinsurance pricing floor is not far away. "In a ...
Where Can P/C Insurers Grow?
Property/casualty insurers on a mission to achieve strong growth over the next few years need to look beyond developed economies, a reinsurance broker advises in a new report. In the 10th edition of ...
Five Steps to Relevance
Insurers looking for strong insurance growth need to look beyond developed economies and they need to enter coverage areas for emerging risks like brand damage insurance, mortgage credit risks, and ...