Category Archives: Reinsurance

Guide to basic economics behind insurance

Why do financial institutions buy insurance? There is something counter-intuitive about one financial institution agreeing to guarantee the risk of another financial institution. To understand why any corporation buys insurance it is important to understand the economics and motivations behind … Continue reading →

The frontier of innovation in insurance

Is it really happening? Let’s start with the word insurtech. It’s a mashup of insurance and technology and yes, it is happening right now. On the technology side we are seeing trends that have been coming for a while, including … Continue reading →

Transparency is key to ERM

There are four good reasons to adopt a version of ERM that fits your business; this post is about one of those four reasons - Transparency. Continue reading →

Space weather spawns earthbound risks

The University of Cambridge's scenario-based study examines the impacts and derived economic impacts from an extreme space weather event such as a solar storm. Continue reading →

After Amatrice: Unlocking seismic hazard. A race against time.

Italy’s earthquake in August raised questions about whether the seismic risk in the region has increased. Amatrice is an area of historical seismic activity where seismic hazard and risk studies carried out a few years ago anticipated that a future … Continue reading →

Scariest Risks of 2016

As Halloween nears, people’s thoughts inevitably turn to ghoulies and ghosties, and long-leggedy beasties, and things that go bump in the night. At the Wire we take this opportunity to reflect on the scariest risks our clients faced this year.  … Continue reading →

Hurricane Matthew damage report

The thirteenth named storm of the 2016 Atlantic hurricane season, Hurricane Matthew, the longest-lived Category 4-5 in October in the Atlantic, attaining a lifetime maximum intensity of Category 5. It reached a maximum Category 3 intensity while tracking parallel to … Continue reading →

Imperfect storm of cyber risk, fraud and lawsuits

Here’s a bad day turned into a bad week, month, year for a CEO of a mid-sized company. Continue reading →

Matthew

The deadliest hurricane in 11 years has struck around a fortnight ago. After tearing a path through the Caribbean, across Haiti and Eastern Cuba, through the Bahamas and then along the east coast of the U.S., it was finally absorbed … Continue reading →

Reinsurance and enterprise risk management

Insurers are in the business of aggregating risk. This makes enterprise risk management (ERM) particularly important to insurers. In addition, insurers have an incredibly flexible and powerful tool available for sculpting their risks: reinsurance. ERM is a very new approach … Continue reading →