Isabelle Santenac, EY

Four actions insurers can take to advance the sustainability agenda

2021-05-05T12:32:00+01:00

Isabelle Santenac, EY global insurance sector leader, looks at the role the insurance sector can play in addressing sustainability challenges

Jeniz White

Is the race for digital transformation leaving equality, diversity and inclusion behind?

2021-05-05T12:31:00+01:00

Without taking a holistic approach to equality, diversity and inclusion (EDI), companies compromise their efforts and are in danger of being perceived as only paying lip service to the cause, warns Jeniz White, associate at Browne Jacobson LLP

Shane Latchman

Five common misunderstandings on climate change and natural catastrophes

2021-04-27T06:58:00+01:00

AIR Worldwide’s Shane Latchman highlights some of the challenges in climate risk assessment.

John Huff – Bermuda

Working toward a sustainable future

2021-04-22T15:19:13.847+01:00

As the world celebrates Earth Day, John Huff of the Association of Bermuda Insurers and Reinsurers (ABIR) looks at the island’s role in closing the global protection gap.

The Hartford and PPL

The Hartford – PPL and a digital journey in London

2021-04-13T14:58:00+01:00

Colin Sprott, chief international underwriting officer, and Matt Pasterfield, chief international operating officer, at The Hartford in London talk about their transformational journey and the role PPL has played.

Steve Leeret - Allied World

The PM interview: Stephen Leeret

2021-03-17T18:31:00+00:00

In this month’s issue we talk to Stephen Leeret, senior vice president of Allied World’s North America programs division, about key dynamics driving the sector and what it was like coming in to run the unit in the middle of Covid-19…

Guy Carpenter

What are the XoL reinsurance Implications of the UK’s BI FCA Test Case?

2021-03-02T07:33:00+00:00

The 15 January Supreme Court judgment on disputed business interruption (BI) claims will have a significant impact on property insurers but its findings do not govern the reinsurance response to Covid losses, according to Guy Carpenter.

FCA

BI test case: Implications for the insurance market

2021-01-26T08:23:00+00:00

Now that the dust has settled from the Financial Conduct Authority’s test case over disputed business interruption claims, the (re)insurance sector – and its lawyers – can now assess the long-term implications of the Supreme Court ruling.

US perils montage

Can parametric insurance help build disaster resilience in the US?

2021-01-25T12:00:00+00:00

New approaches to risk transfer need to be explored and developed to fill coverage gaps in the face of increasing climate-related risks, argue MMC’s Alex Bernhardt and Carolyn Kousky of UPenn’s Wharton Risk Management and Decision Processes Center

Symons Taylor Saunders DLA

Supreme Court judgment fires starting pistol for Covid-19 reinsurance battle

2021-01-18T16:15:00+00:00

The 15 January Supreme Court judgment will have a significant impact on property insurers, having effectively broadened the cover available to policyholders under non-damage business interruption extensions of cover.

Martin Bertogg Swiss Re

Why hurricane risk modelling has to change

2021-01-15T14:57:00+00:00

Following another active season, Martin Bertogg, head of cat perils and cyber at Swiss Re Institute, questions whether the way the industry models hurricane risk needs to evolve.

FCA

Judgment Day II: What to expect from the appeal of the FCA test case…

2021-01-13T16:27:00+00:00

As The Insurer revealed yesterday, on Friday the Supreme Court will hand down its judgment on the Financial Conduct Authority’s appealed landmark test case on disputed Covid-19 business interruption claims in a verdict expected to have far-reaching consequences for both UK carriers and policyholders.

Alastair Speare-Cole – QOMPLX

SolarWinds exposes cyber risk assessment gap

2021-01-13T13:25:00+00:00

QOMPLX president and general manager of insurance Alastair Speare-Cole says that regardless of the size of insured losses, the hack of US network management software firm SolarWinds is a wake-up call to the industry and insureds.

Mory Katz – bms

The $350bn US legacy opportunity

2021-01-11T14:42:00+00:00

BMS’ Mory Katz tells The Insurer that all existing long-tail reserves are potential opportunities to utilise a growing range of run-off products, as insurers look to legacy solutions as part of their overall capital management strategy.

David Flandro – HX

Shift in “risk perception” to sustain pricing momentum in 2021

2021-01-06T09:16:00+00:00

A clear adjustment in risk perception among (re)insurers is set to drive continued pricing momentum at other significant renewals in 2021, said David Flandro, managing director of HX Analytics and Howden Capital Markets.

Jeff Irvan – BMS

A eulogy for concurrency

2020-12-23T02:32:00+00:00

Jeff Irvan, chief property officer at BMS, says non-concurrent reinsurance placements are becoming increasingly commonplace as quoting ranges widen…

Prime Insurance Rick Lindsey

Good fundamentals

2020-12-08T16:21:00+00:00

Prime Holdings Insurance Services chairman and CEO Rick Lindsey says proper claims handling, not hard market price increases, is the route to underwriting profitability for insurers.

Hervé Nessi – CCR Re

Deadbeat insurer!

2020-12-03T18:51:00+00:00

The world is going through an extraordinary moment due to the Covid-19 crisis, and while all sectors have been hit, the (re)insurance sector has been particularly affected for two main reasons, writes Hervé Nessi, chief underwriting officer at CCR Re.

Daniel Kaniewski

Building financial resilience for pandemics

2020-11-25T15:24:00+00:00

Widespread availability of pandemic insurance, through the industry’s private sector incentives and the federal government’s access to capital, would provide policyholders with long-term incentives to reduce their risks from contagious diseases, argues Daniel Kaniewski, managing director at Marsh & McLennan Companies.

Damian Cleary DCThree

Cleary: Reinsurers must brace for mounting Covid-19 disputes

2020-11-23T08:40:00+00:00

As Covid-19-related losses creep their way up through reinsurance layers, “a number of issues” are beginning to arise and a new litigious battleground is forming.