APCIA 2021 roundup
The US re/insurance industry gathered at the Sheraton Hotel in Denver in early November for the first in-person APCIA annual conference since 2019. Here are the key takeaways from this year’s event.
Preaching to the converted: environmental protesters find a willing crowd in Baden-Baden
For those at Baden-Baden who had not decided so already, the protests made clear that the focus on ESG issues is not diminishing, only intensifying—and broadening.
Hard choices over flooding: secondary perils in the balance at January renewals
Secondary perils were the primary topic at Baden-Baden this year. The consensus is that they mean Europe can no longer escape rate rises, and who pays will determine whether we’re truly seeing a hard market. Intelligent Insurer reports.
Rate momentum continues and demand for re/insurance increase driven by loss experience: Swiss Re
Talk of price increases at 1.1 is widespread, also Swiss Re’s Laure Forgeron expects continued rate hardening into 2022, but with decreasing momentum.
Swiss Re calls for new and improved data to modernise pricing methods, risk assessment and unlock growth
While the industry has steadily perfected its pricing and assessment of risks over the years, the current structure has its limitations without better access to information, says Swiss Re’s head of P&C analytics, Daniel Knüsli.
Why it could be make or break for insurers’ relationships with risk managers
AMRAE has been pushing for the French government to facilitate captive formation in France.
Choosing your friends: how to select an insurtech partner
There have been a lot of new entrants into the market, particularly those with no inside experience. Markel’s MD discusses what the future might hold for the sector.
Is the industry ready for a global cyber attack?
The cyber insurance market is booming, with new coverages evolving constantly, but whether the insurance industry is prepared for a massive cyber catastrophe is uncertain.
Should governments get involved with cyber protection?
Cyber attacks in the US caused oil pipeline shutdowns and supply chain havoc earlier this year, evidencing the vulnerability of institutions to cyber threats. Is it time governments stepped in to protect the economy?
How Airmic will help risk managers future-proof their organisations
Ahead of UK risk management body Airmic’s annual conference, CEO Julia Graham explains why the risk manager’s horizon-scanning approach is more important than ever.
