Category Archives: Reinsurance

Peak hurricane season is approaching. What can we expect?

Two months of 2017 Atlantic Hurricane season down, four more to go. With the peak of this year’s hurricane season yet to pass, so far we have seen seven named storms. None of these storms have become hurricanes, but echoes … Continue reading →

Multi-patient losses create real financial challenges for medical professional insurers

Recent headlines have confirmed that health care providers are increasingly being held liable for multiple patient injuries and deaths, an issue previously highlighted in research by Willis Re. Since our initial blog following the conviction of breast surgeon Ian Paterson, reports … Continue reading →

Avoid a reporting crisis: Useful tips – Part 2

Implementing reporting process transformation has to be a multi-discipline, collaborative exercise. Continuing our recent series of blog posts on the driving forces behind reporting process transformation in European insurance companies and some tips for achieving it, we move on to … Continue reading →

Highlights from the ACORD Insurance Innovation Challenge (Semifinals)

Those who deal with insurance or reinsurance, and even those removed from it, are immediately aware of how far behind the industry is in terms of the technology that is used to support and facilitate the companies working in this … Continue reading →

Threat vs Opportunity? InsurTech is largely a matter of perspective

Regarding InsurTech from a ‘them’ and ‘us’ standpoint increasingly misses the point. It’s understandable that many insurers have perceived InsurTech as a threat to the value chain. Yet the biggest threat lies not in technology itself, but in competitors of … Continue reading →

Solvency II makes M&A harder – Educated guesswork isn’t good enough

Sellers of life insurance portfolios have to meet buyers’ growing expectations for understanding the capital implications of a transaction in advance of a deal. Two overriding issues have shaped mergers and acquisition (M&A) activity in the European life insurance market … Continue reading →

Avoid a reporting crisis: Useful tips – part 1

Reporting process transformation is becoming a major issue for many European insurers. As previewed in our recent blog post, a few tips that we’ve gathered from the work we’ve been doing in this area may help companies along the way. … Continue reading →

Hurricane preparedness for homes and businesses

Atlantic hurricane season is under way and will run through the end of November. While peak season is usually in August, September and October, hurricane preparedness, for personal and business properties, should be done well in advance of any forecasted … Continue reading →

Keeping risk and capital in balance

So what direction is your company headed regarding risk? Are you expecting to: Grow your risk faster than your capital, using up excess capacity; Grow your capital faster than your risk, building up capacity; or, Keep risk and capital in … Continue reading →

Avoid a reporting crisis

Many European insurers’ existing financial and capital reporting processes are becoming increasingly unworkable and unsustainable in the face of burgeoning regulatory and accounting demands. Process transformation, rather than constant fire-fighting, is emerging as the only long-term solution. The Solvency II … Continue reading →