CFO / Financial
Insurers Face Major Exposure to Climate Change Risks: Bank of England Governor
Bank of England Governor Mark Carney said UK insurers face potentially "huge" exposure to shifts in climate-change policy and Group of 20 nations need to do more to combat associated financial ...
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 ...
Acquirers/Processors: A Critical Point in the Credit Card Payment Chain
In the typical credit card transaction, once a merchant accepts a credit card and enters card information into a payment system, the card data is sent to an acquirer and payment processor for ...
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 ...
Hiscox’s ILS Assets Surpass $600 Million With Cardinal Re Launch
Kiskadee Investment Managers, Hiscox Re's insurance linked securities (ILS) operation, has launched Cardinal Re Ltd., a Bermuda-domiciled special purpose insurer designed to transform collateralized ...
P/C Insurance M&A Is Growing Rapidly With No Sign of Letting Up
Clyde & Co. and A.M. Best quell any remaining doubts about the return and acceleration of high-profile insurance/reinsurance M&A deals in two new reports. What's more, while transactions 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 ...