How Will Insurers Navigate This Recession?
In less than a year, COVID-19 changed the business landscape worldwide. Entire workforces relocated from their offices to their homes. Businesses changed channels and basic ...
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The Digital Normal and the Future of Work in Reinsurance
It's been said that necessity is the mother of invention. That proverb was illustrated perfectly during the insurance industry's successful scramble to conduct its business digitally at the onset of ...
What the Pandemic Can Teach Us
While the pandemic has provided an entirely unwelcome education, if we choose to, we will profit from its lessons. After all, no crisis should be wasted. The first of many lessons can be attributed ...
Pandemic Losses Forestall Liability Insurance Turnaround
Projecting future property/casualty insurance market profit is always challenging. The economic and social impact of the ongoing coronavirus pandemic greatly compounds the uncertainty of this effort. ...
More Class of 2020 Reinsurers Unlikely
The Class of 2020 already has a new member, but it's not a true startup, the chair of the company said recently. Speaking at the KBW Insurance Conference in early September, Sid Sankaran, chair of ...
What Happened to Hedge Fund Reinsurers?
The latest group of reinsurers to emerge in the Bermuda market is starting to look different. Even the name that once described the cohort has changed in the past five years. And at least one member ...
Between a Rock and a Hard Place: Insurers Struggle With Policy Rewrites
Commercial insurers are engaged in coverage language rewrites en masse this year, but "The Great Policy Rewrite" faces some serious obstacles, a coverage lawyer said recently. Even if carriers are ...
COVIDigation Nation Revisited: Analyzing the Late Summer Surge
Hello, devoted COVIDigation Nation readers. This is article two in a series tracking insurance lawsuits related to COVID-19 business claims (i.e., COVIDigation). It's kind of like a serial comic ...
Why Product Diversification Into E&S/Specialty Matters: A Q2 Top-Line Analysis
Looking at the second-quarter earnings reports of leading insurers, the argument for product diversification has never been stronger. Results are in from this COVID-impacted quarter, and they ...