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ViewpointUK, EU & US Russian sanctions considerations for insurers
Over the past two months, there has been an unprecedented rise in the scope and scale of UK, EU and US restrictive measures targeting Russia in response to the war in Ukraine.
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Viewpoint
Navigating (re)insurers’ role in the evolving hydrogen economy
Brandon Statton, a founding partner at energy-focused wholesaler Nardac Insurance Services, shares his insight on the “green hydrogen revolution” and what role the (re)insurance industry can play to support its growth, as well as the potential opportunities it may bring.
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Viewpoint
Supporting the ESG transition – the critical role of insurance
ESG has risen up the corporate agenda and is now a top priority for many businesses. But with the changes needed to achieve more sustainable business models comes changing risk. Luis Prato, chief underwriting officer, UK and Lloyd’s at Axa XL, discusses the important role of insurance in the process ...
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Viewpoint
The Lloyd’s Lab is a worthy experiment in innovation….
Mark Huxley, non-executive director of Altus and 40+ year veteran of Lloyd’s explores the importance of the Lloyd’s Lab and explains why internal stakeholders need to pay greater attention if the initiative is to flourish
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Viewpoint
The challenges of change – climate, capital and Covid
International Association of Claim Professionals (IACP) president Scott Kellers explains why transformation was the key message coming from the organisation’s annual European Conference.
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Viewpoint
Deploying our risk knowledge to address threats in an interconnected world
Swiss Re’s Moses Ojeisekhoba says (re)insurers must stay close to clients and deploy their risk knowledge to boost societal resilience in an increasingly interconnected world.
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Viewpoint
New approaches required to assess risk to renewable energy assets
Derek Blum and Kamile Rudaviciute highlight the need to better understand the risks facing renewable energy assets as the need for clean energy accelerates.
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Viewpoint
Insurindex: “Underwriter opinion of London insurers as employers is extremely low”
Ben Bolton from Insurindex reflects on a new employment survey which reveals the obstacles facing insurers as employers and how they can overcome them.
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Viewpoint
Unintended consequences
MarshBerry managing director Gerard Vecchio asks if some DUAEs could be at a disadvantage in AM Best’s new PA system…
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Viewpoint
Why open source is needed to combat climate change and prevent a ‘VHS vs Betamax’ face-off
WTW’s Matt Foote outlines how more open sources of data and open, common standards and metrics for models will enhance our understanding of the potential implications of climate-transition decisions.
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Viewpoint
Bermuda: Opportunities abound with island at forefront of evolving industry
Peter Dunlop, a partner at Walkers Bermuda, reflects on Bermuda’s position at the forefront of the global (re)insurance industry’s evolution with the island’s innovative ILS market continuing to grow and new products and platforms being developed to support ESG and manage emerging risks.
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Viewpoint
Corbin & King: what the judgment means for future Covid BI claims
As The Insurer reported late last month, Corbin & King, the owner of upmarket London restaurants The Wolseley and The Delaunay, has defeated insurer Axa in its high-profile court case over Covid-related business interruption (BI) claims.
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Viewpoint
How (re)insurance can help mitigate impacts of climate change
Rod Thaler examines how (re)insurance solutions can play a critical role in helping society become more resilient to the impacts of climate change
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Viewpoint
Russia/Ukraine: Insurers brace for cyber warfare fallout
Paul Handy, global head of cyber for Crawford & Company, warns cyber attacks initiated in the Russia-Ukraine conflict pose a global cybersecurity threat that calls for close examination of exposures and policy wordings.
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Viewpoint
Resisting the deluge: How the private sector can reduce flood risk in 2022
Richard Smith-Bingham, executive director at Marsh McLennan, says 2021 offered stark reminders of the threat posed by flooding to businesses and societies.
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Viewpoint
Sustainability: a historic opportunity for insurers to lead, innovate and grow purposefully
EY’s global insurance leader Isabelle Santenac highlights some of the steps insurers can take in helping address climate change.
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Viewpoint
Is Covid a catastrophe?
BCLP senior associate James Fairburn and Jonathan Sacher, co-leader of its insurance practice, examine the impact of the recent Australian Covid-19 test cases to see whether the pandemic can also be considered a “catastrophe” for the purposes of aggregating losses.
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Viewpoint
Hard or soft: The end of market cycles?
The fourth quarter of 2018 saw the insurance market transition from the longest soft market in living memory to a hard market. Since then, primary corporate and specialty insurers have enjoyed the improving rates. In this article, Oxbow Partners’ Greg Brown looks at the current market cycle and assesses how ...
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Viewpoint
What can insurers do to beat the odds?
McKinsey partner Henri de Combles de Nayves highlights nine strategic imperatives for insurers as they navigate through an evolving operating environment that challenges traditional ways of value creation.
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Viewpoint
Casualty fac firmly in focus heading into 2022
Upheaval in the treaty reinsurance market has historically led to heightened interest in facultative coverage. As such, the prospects for the fac market heading into 2022 are buoyant, with shifting in price expected in the commercial auto, workers’ compensation and general liability sectors, says Sompo International’s Christos Charitos.
