Content from L.S. Howard
‘Urgent Need’ to Understand Single Points of Failure in Digital Supply Chains: Report
The rise of cyber risk accumulation events has highlighted the need for cyber insurers and reinsurers to understand single points of failure (SPoFs) within their customers' digital supply chains, ...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s
A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global economy $3.5 trillion over a five-year period, according ...
Client Needs Rediscovered at Reinsurance Rendez-Vous
One of the themes at this year's reinsurance Rendez-Vous de Septembre (RVS) was that reinsurers have rediscovered client need, client interest and have again started to put clients at the center of ...
Reinsurers’ Performance Keeps Improving: Gallagher Re
Reinsurers reported "a robust increase" in their capital base, improved underwriting profits as well as higher returns on equity and investment income, according to a Gallagher Re report. The ...
Reinsurers’ Cyber Rates Expected to Rise as They Seek to Regain Profitability: S&P
More cyber reinsurance rate increases can be expected as reinsurers seek to regain underwriting profits in their cyber portfolios, according to a report published by S&P Global ...
How Reinsurers Can Win in the Game of Volatility
Successful reinsurance businesses strive for profit stability while promising to reduce the volatility that their cedents experience. But now some reinsurers have been cutting their ...
The Care and Feeding of Property-Catastrophe Models
A wise statistician once said: "All models are wrong, but some are useful." The key to getting useful (accurate) model results is working with models that fit specific underwriting needs and making ...
Loss Trends for Severe Convective Storms
Loss trends for severe convective storms (SCS) have increased over the past 15 years and even more during the past five years, according to Dan Dick, global head of Catastrophe Management at ...