Category Archives: Reinsurance

2017’s most dangerous risks for insurers

We took a list of over 50 risks commonly found on insurer risk registers, and asked, “Which risks present the most danger to your firm in 2017?" Continue reading →

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 →

Latest on El Niño predictions for 2016: A looming La Niña?

El Niño and La Niña have well-established links to hurricane activity. The impact on the re/insurance sector depends on when the potential La Niña sets in. Continue reading →

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 →

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 →

How to model a windstorm

Storm Angus hit the U.K. earlier this month (also known as Nannette as designated by the Free University of Berlin). Although insurance industry losses are not expected have much impact on the reinsurance industry, the storm did produce high winds … Continue reading →