The insurance industry is growing rapidly in Asia, and more capacity will be needed to keep up with demand. Alternative capital sources such as ILS will be vital to meet that demand, and in acquiring Lutece, Peak Re has positioned itself to lead this trend, says Peak Re’s Franz Josef Hahn.
A combination of the best financial support programmes could deliver better, more appropriate cover that is fit for an uncertain future. Intelligent Insurer reports.
Investment bank analysts have calculated and explained how the huge insured losses from COVID-19 are likely to pan out for the industry, particular companies and lines, and are affecting already firming prices. Intelligent Insurer reports.
The ILS market has become an increasingly important feature in the risk transfer landscape in recent years, and is growing increasingly diverse, encompassing not only catastrophe risks but cyber and other forms of coverage. What it needs now to take it to the next level is a liquid secondary market. Intelligent Insurer reports.
For an industry built on relationships, the importance of technology to staying in contact was proved very quickly when social distancing began. The pandemic has showcased innovative insurtechs and technology, which could drive faster digital transformation industry-wide. Intelligent Insurer speaks to leaders at two game-changing insurtechs.
Willis Towers Watson is looking at global data for the motor industry to glean advanced lessons on preparing for the new normal after the COVID-19 pandemic subsides. Intelligent Insurer finds out more.
Insurers taking tough decisions on paying shareholders have a lot to consider, and pressure to make the best choice will only increase the longer the pandemic lingers on. Intelligent Insurer reports.
Closing, or at least narrowing, the protection gap can seem like an insurmountable task as new breaches appear while existing ones prove tricky to pin down. But, say experts, including a director at The Geneva Association, addressing the gap is essential to preserve the integrity of the industry. Intelligent Insurer reports.
COVID-19 might be disrupting our world but data that can offer a 360-degree approach to risk and insurance may be one way to future-proof against major market shocks. Intelligent Insurer finds out more.
Claims professionals can get a bad rap but as Sue McCall, chair of the Society of Claims Professionals, tells Intelligent Insurer, it’s time for the profession to speak up about its achievements in the face of floods, fires and COVID-19.