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Consumers facing floods should welcome more options, the RAA suggests

North America27-06-2017CatastrophesBy Nicole Austin and Dennis Burke

With the National Flood Insurance Program (NFIP) due to sunset in September, now is the time to embrace and facilitate the development of a private flood market, say Nicole Austin and Dennis Burke of the Reinsurance Association of America.

Insurers grapple with growing demand for cover against intangible risks

UK23-06-2017Cyber, Risk Management

The trend towards globalisation, digitisation and intangible assets is changing the risk landscape at an unprecedented rate. Intelligent Insurer heard from executives at the Airmic Conference 2017 in Birmingham, UK, about the current opportunities and potential threats.

Insurers embrace insurtech challenge

Europe, North America20-06-2017Christian Wuestner

The insurance sector is accepting that disruptive technologies will transform the way the industry has been operating over the past decades. As a consequence, traditional insurers have decided that the only way to avoid a shrinking business is to take action and get involved with the thriving insurtech start-up industry through cooperation and M&A.

Cyber frenzy reaches personal insurance lines

Europe15-06-2017Cyber InsuranceChristian Wuestner

A dramatic surge in cybercrime and an increasing awareness of the risk among the population has reassured the industry that cyber insurance will develop into an important area in personal lines insurance.

Reinvention key for Lloyd’s as it bids to capture emerging market growth

Asia Pacific, Latin America13-06-2017Christian Wuestner

The London Market, along with its flagship Lloyd’s, is falling behind in the important high-growth Asian insurance market as well as in major emerging markets such as Latin America. 

Swiss Re EMEA CEO takes aim at $15.5bn nat cat protection gap

Europe08-06-2017Catastrophe, Property & Casualty ReinsuranceChristian Wuestner

Swiss Re is engaging in an initiative to persuade governments in Europe to create schemes that will enable private re/insurers to expand the coverage of flood and earthquake risks.

Modernising underwriting: from segregation to integration

International05-06-2017Yannis (John) Spanoudakis

Separation between lines of business might be rational and convenient but it is inevitable that the differentiation will gradually disappear and integration will take its place, writes Yannis Spanoudakis from Matrix Brokers.

Why a robust D&O policy is now critical to global firms

Europe, North America01-06-2017D&O

The increasingly litigious nature of society and corporate life means that a robust D&O policy is now critical for companies wishing to recruit quality staff. But formulising the right policy with the right covers and terms and conditions is equally important – for the sake of both the insured and the company buying the coverage, Dav Khalaghizadeh, head of Commercial D&O, at Aspen Insurance, tells Intelligent Insurer.

The perils of pillars: one actuary’s tirade on the counterproductive ‘monster’ that Solvency II became

Europe30-05-2017Manuel the Scandinavian Actuary

The first deadline for the first full set of Solvency II reports may have passed without incident – on May 22 – but one jaded actuary known as ‘Manuel the Scandinavian Actuary’ got in touch to vent his concerns around what the once well-intended regulation has become and why the industry is now grappling with a counterproductive ‘monster’ unlikely to stand the imminent test of insurtech disruption.

Q1 2017 market outlook: A Tale of Two Segments

Global25-05-2017ILS, ILS issuance, ILS market

The ILS market is seeing a boom in activity in 2017. Bill Dubinsky, managing director & head of ILS at Willis Towers Watson, casts an eye over the year so far.

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