The COVID-19 pandemic caused wholesale disruption to re/insurance market pricing, as carriers were hit with a range of losses and challenges to capital. With restrictions easing and some semblance of normality fitfully spurring the economy forward, how will re/insurance pricing in the US and Bermuda react?
Re/insurance has changed markedly since the COVID-19 pandemic first swept across the world in early 2020. With the sector looking to build back stronger from the turmoil, many companies are finally embracing technology. But as with any revolution, change is difficult.
e2Value CEO Todd Rissel was working in the insurtech business before the word itself was even coined. After over 20 years in the market, the company is now setting its sights on tackling the new challenges facing the industry.
The cyber insurance market is booming. As an expert from CyberCube tells the Re/insurance Lounge, technology brings solutions as well as problems, and insurtech could be key to helping underwriters, brokers and others cope with the surging demand.
Rapidly expanding opportunities in insurtech are being driven by changing behaviours and fast-changing technology.
There remains plenty of scope for further growth if insurers can harness their data, an Intelligent Insurer panel found.
It has always been a volatile region, but there’s still massive scope for growth in South and Central America. After being hit hard by COVID-19, it’s still too early to say that Latin America won’t face further setbacks, according to panellists on a recent session of the Re/insurance Lounge.
Supply chains, GDP growth and sustainability among the opportunities in the region post-pandemic.
Insurer targets $850 million of premium income.
BP Marsh interested in finding people who need ‘the right home’.