Blockchain has the potential to do more than cut costs and create efficiencies for re/insurers – it can also be used to drive growth and assimilate varied insurtech platforms. And those companies that fail to realise its potential will be left behind.
European re/insurers are leading the charge towards forcing the eventual abdication of 'king' coal. How successful will the industry be in toppling the age-old monarch of fossil fuels, and why are climate campaigners still frustrated? Intelligent Insurer investigates.
In the shipping industry, a cyber incident has the potential to reroute vessels and disrupt supply chains critical for world trade. But, there are hidden protection gaps associated with cyber risk which could be targeted by sophisticated hackers.
Cyber risk is a multifaceted peril that reaches into areas that insurance might miss. Intelligent Insurer investigates the gaps in cover that could prove costly if overlooked.
The 16th Singapore International Reinsurance Conference (SIRC) promises an agenda filled with top re/insurance execs from the region discussing this year’s theme: Winds of Change.
The cyber insurance market has been growing steadily, but how big is it now and what is driving growth in this segment? Intelligent Insurer reports.
Despite recent losses, buyers seem to retain the upper hand in negotiations as we move into the renewals. On this basis, some are taking the opportunity to fine-tune their reinsurance programmes; others are even seeking rate decreases—Intelligent Insurer spoke to four of them for their take on the state of negotiations.
The football World Cup will be watched by a billion people globally, but it is possible at all only thanks to the complex web of insurance policies underpinning its large and complex risks, from injured footballers to cyber and terrorism attacks. Intelligent Insurer reports.
The ways risks are likely to change due to artificial intelligence (AI) are manifold, presenting many challenges to the insurance industry, but they are the subject of much current debate and development, as Allianz and SCOR suggest in their reports.
The insurtech revolution is already challenging re/insurers, but those who feel they were on the front foot may not have contended with the possibility that change could be much more fundamental than they realised. Paul Cuatrecasas, an expert in acquiring technology companies, tells Intelligent Insurer more.