Category Archives: Reinsurance

The coming data revolution in insurance telematics

The mass of new telematics data sources coming on stream for usage-based auto insurance (UBI) providers will take the analytics required in new directions. Connected cars, the Internet of Things (IoT) and other new point-of-sale data sources make information about … Continue reading →

Discipline is key to ERM

Risk management matters the most when it is the most expensive and most difficult. But unless the regular steps of risk management have already become muscle memory, it is much less likely that you will even think to do your … Continue reading →

2016 Top 10 – #1: Latest on El Niño predictions for 2016: A looming La Niña?

El Niño continues to hold sway over global weather patterns, and its influence is likely to persist into Spring 2016.This is according to the El Niño Global Impact Forecast, a special report written by researchers at the National Center for … Continue reading →

2016 Top 10 – #3: For insurers #blockchain is the new black

Blockchain is a distributed digital ledger technology. Many believe that it will radically change our world, but is blockchain really the new internet? Continue reading →

2016 Top 10 – #6: U.K. Floods: Should We Expect More of the Same?

By making a few assumptions, the chances of getting two locations, such as Carlisle, experiencing extreme flows in a 10-year period is over 80%. Continue reading →

The Impact of the North Atlantic Oscillation on European Windstorms

Windstorms are the largest driver of annual insured losses in Europe. One way to predict the likelihood of windstorms occurring at time-scales longer than typical weather forecasts is to investigate teleconnection patterns. Teleconnection patterns are recurring and persistent large-scale patterns … Continue reading →

Handling insurance market cycles – Creating price and cover stability with the help of multi-year solutions

A reminder of the market forces Financial marketplace cycles and how they are determined by supply and demand forces, is one of the first lessons in Economics 101. A reminder follows; a change, increase or decrease, in demand or supply, … Continue reading →

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 →