Content from L.S. Howard
‘Cybersecurity Failure’ Identified as Critical Global Threat: WEF Report
"Cybersecurity failure" was identified as a critical short-and-medium-term threat to the world by respondents of the World Economic Forum's Global Risks Perception Survey (GRPS). GRPS respondents ...
Tension High as Re Buyers Face Another Year of Price Hikes
Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved their risk profiles by de-risking and elevating risk ...
WTW Completes $3.25B Sale of Treaty Reinsurance Brokerage Business to Gallagher
Arthur J. Gallagher & Co. announced it has completed the $3.25 billion acquisition of nearly all of the treaty reinsurance brokerage operations of Willis Towers Watson plc. Together with ...
Found in Space: How Skytek Tracks Supply Chain Risks—and More
Oil spills, port explosions, blockages in the Suez Canal and supply chain risks. These are just some of the events that global space company Skytek has analyzed over the past year for its insurance ...
Artful Mosaic Creates Global Agility for Specialty Startup
Mosaic Insurance, the Bermuda-headquartered startup and Lloyd's specialty insurer, operates with a unique structural twist. Its hybrid model has the flexibility of a managing general agent (MGA), the ...
Reinsurance Pricing Technology For Hard and Soft Markets
Sean Bourgeois, the chief executive officer of Tremor, often hears people say that his company's reinsurance price optimization technology works best in a soft market, when there's a lot of ...
Why Reinsurance Prices Are Wrong—and How to Fix Them
Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently, when the panel of reinsurers offer their submissions for a slice of treaty, the ...
Global Average Annual Disaster Losses Could Surpass $200B in 10 Years: AIR Worldwide
The global insurance industry can currently expect a long-run annual average loss of $106 billion and a greater than a 40 percent chance of experiencing an annual loss of more than $200 billion in ...