Data is vital to the digital economy and to the digital transformation of industries such as insurance. When it is managed well it can add value, create a competitive advantage, improve customer and employee relationships and lead to increased profitability. The inverse of these benefits can lead to lost customer relationships, reduced employee retention, and lower levels of sales and profitability.
The insurer plans to develop another layer of protection for businesses grappling with the new, post-covid cyber risk landscape.
It’s designed for chief investment officers, chief financial officers and risk managers to develop robust strategic asset allocations.
Extreme natural catastrophe events are becoming more intense and the insurance industry can no longer ignore climate change. By using the right catastrophe models, insurers can account for climate change in a very clear way, explains cat modelling pioneer Karen Clark.
How can risk modellers find solutions to some of the key issues facing the insurance industry today? Adam Podlaha from Aon’s Impact Forecasting catastrophe model development team spoke to the Re/insurance Lounge to discuss how the company is addressing the industry’s challenges.
The start-up seeks to expand its presence in global markets across multiple sectors including re/insurance.
Global non-life premiums to rise 10 percent above pre-pandemic level by year end.
Laurent Rousseau sees 'attractive long-term growth opportunities' emerging in the market.
The company says he is leaving Ryan Specialty due to a 'private personal matter'.
The executive will advise GRS and its clients on environmental risk and claim issues.