Category Archives: Reinsurance

No Respite for Reinsurers at January 1 Renewals

Willis Re 1stView: Property-Catastrophe-Pricing-Trends

The latest renewals report from Willis Re highlights that relentless rate reductions, low investment returns and the continued influx of alternative capital have offered no respite for reinsurers at the January 1, 2015 renewal season. Continue reading →

Top 10 of 2014 – #1: Guide to ERM: Writing an ORSA Report

Reports

Insurance regulators have made the Own Risk and Solvency Assessment into one of the global Insurance Core Principles that need to be adopted in all countries. Continue reading →

Top 10 of 2014 – #2: Guide to ERM: Risk Measurement & Reporting

Measure

Peter Drucker is reported to have once said “what gets measured, gets managed.” That truism of modern management applied to risk as well as it does to other more commonly measured things like sales, profits and expenses. Regulators take a similar … Continue reading →

Top 10 of 2014 – #3: Guide to ERM: Risk Identification

TS-Man-with-Binoculars-7786

There are a number of common threads linking the emerging regulatory guidelines; one of these is the fundamental importance of risk identification. Continue reading →

Top 10 of 2014 – #4: Guide to ERM: Risk Appetite and Tolerance

fork and plate

Insurers are increasingly being asked to explain their approach to risk management and as a part of that discussion to clarify their risk appetite. Rating agencies are all asking about risk appetite. Regulators around the world will all soon require … Continue reading →

Top 10 of 2014 – #5: The Difference Between Risk and Loss

risk vs loss

Risk management has caused many people use the word RISK when they should be saying LOSS. And there is a world of difference between the two. Continue reading →

Top 10 of 2014 – #9: What the Influx of Capital is Doing to Reinsurance Today

Capital Inflow: Who is Buying

Various company models have emerged as a result of the influx of capital into the reinsurance business. Continue reading →

Top 10 of 2014 – #10: Guide to ERM: Stress Testing

egg in vice

Generally speaking, a stress test is an assessment of the financial impact of changing a specific variable, without regard to the likelihood of this change. Continue reading →

Real Estate and the Treasury’s Revised Funding Proposals for Pool Re

London cityscape

Commentators initially thought the UK Government’s revised funding proposals for Pool Re would have a significant effect on the provision of terrorism insurance in the UK, however a review of the detail indicates that there may not be any notable … Continue reading →

How to Communicate With Your CEO About Risk

Talking to CEO

What’s the job of a CEO? When you come down to it, a CEO’s job is to make decisions. The right decisions. Knowing your CEO’s priorities is key to communicating effectively. Continue reading →