Analysis – Page 5
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Analysis
GVNW renewal survey shows “loss of trust”
Two thirds of German insurance buyers are actively seeking alternative risk transfer solutions, such as captive insurance and parametric covers
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WTW and Liberty partner to provide reputation cover
The solution is available globally and initially to clients in the leisure & hospitality, manufacturing, retail and transportation sectors
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Captive formation picks up in Guernsey
The jurisdication expects to see a “significant rise” in 2021 against the backdrop of a hardening commercial insurance market
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Lloyd’s launches systemic risk initiative
The COVID-19 pandemic has highlighted gaps in the knowledge, understanding, and mitigation of systemic and black swan risks
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Hard market drives captive usage
Airmic urges insurers and brokers to place a stronger emphasis on claims capabilities at renewals
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Amrae: Time for insurers to rebuild trust
Ahead of Amrae’s virtual conference on 3 and 4 February, StrategicRISK spoke to the French risk association’s president Oliver Wild
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Storm Christoph claim settled within ten hours
FloodFlash uses parametric cover to provide pay-outs to policyholders, using IoT sensors to monitor flood levels
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UK Supreme Court dismisses insurers’ appeals
Around 370,000 policyholders are set to benefit from the judgment in BI test case ruling
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Amrae welcomes captive incentives
Corporates must have the resilience to bear exceptional shocks, via ‘self-insurance’ or risk transfer to insurers, said Amrae
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COVID-19: a ‘Black Swan’ for supply chains
How do companies tackle supply chain disruption during the pandemic, and what steps can be taken now to build in more resilience for 2021?
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Restoring mangroves to build coastal resilience
Globally, mangroves reduce flood damages by $65 billion every year; insurance solutions are critical to post-storm restoration
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DAY 3: COVID-19 has given risk managers an opportunity to shine
Risk managers are more visible to boards than ever, so they must take this opportunity to sell the importance of loss prevention, risk management and resilience
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DAY 1: D&O: Navigating the ‘perfect storm’
Speaking during an on-demand webinar during Day One of Airmic Fest, experts from Lockton and Chubb discussed the rapidly hardening directors & officers (D&O) insurance market and the challenges this presents insurance buyers
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DAY 1: Six new initiatives from Airmic
Kicking off Airmic Fest, this year’s virtual conference, the risk management association announced several new initiatives and pieces of research for its membership.
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COVID crisis sparks captive growth
Captive formation grew by 200% in the first half of 2020, including captives to cover pandemic-related losses - Marsh
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Navigating the harsh market
A “harsh” insurance market means risk managers need to adapt fast to conditions most have never seen before
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Fighting cancel culture
Before you can manage and mitigate risks to your brand and reputation, you first need to be able to measure it
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Hard market to prompt captive growth
Firming commercial insurance prices and impacts from COVID-19 could present opportunities for the captive insurance segment - AM Best
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Parametric products can assist climate resilience - CCRI
Today’s “wealth of data” can be used to construct risk transfer products for extreme weather - Nephila’s Barney Schauble
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Risk managers enjoying increased board attention - Airmic
Covid-19 is an opportunity for risk professionals to demonstrate the strategic value of their work