Featured
Improvements in Predictive Analytics Help With Early Identification of Workers Comp Reinsurance Claims
The early identification of claims likely to pierce reinsurance retention levels has long been a challenge for primary insurers and reinsurers. The good news is that over the past decade or so, the ...
Insurers Increasingly Leverage Reinsurance & Cat Models for Strategic Risk Management
With competitive reinsurance rates and abundant capacity, many insurers are choosing to expand their strategic reinsurance purchases to mitigate earnings volatility and better manage their capital. ...
How Insurance Is Rethinking Cat Modeling After Last Year’s Disasters
After Hurricane Harvey swept through Texas last August, it left behind not only an estimated $125 billion in damage and nearly 50 inches of rain in some areas but also questions for the insurance ...
When Disaster Strikes, Sustainable Insurance and Reinsurance Industry Vital in Uncertain World: Swiss Re’s Ojeisekhoba
Following Hurricane Katrina in 2005, former U.S. Vice President Al Gore described it as "the first taste of a bitter cup that will be proffered to us over and over again." That devastating event ...
Ignore the Naysayers: Blockchain’s Potential Touches Every Aspect of Insurance
Every emerging technology has its naysayers, who can be very accomplished in their field and still end up being wrong. For example, columnist and economist Paul Krugman once opined on the Internet's ...
Casualty: The Next ILS Frontier?
For the last several years, participants in the insurance-linked securities (ILS) market have frequently discussed the question of market expansion. In a market with consistently declining property ...
How to Attract Millennials and Overcome the Looming Talent Shortage
What do millennials want? This question is critical for the specialty insurance and reinsurance industry. We face a looming talent shortage. Retirement will soon skim off the cream of our industry's ...
Flood Model Development Helps Hiscox Re & ILS Enter U.S. Flood Protection Market
Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country's most common natural disaster, said Katy Sivyer, underwriter for North America ...