Category Archives: Reinsurance

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 →

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 →

The next large volcanic eruption in Japan. A source of concern?

The largest and most devastating eruptions have return periods of hundreds, even thousands of years, enough for populations and businesses to settle within range. 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 →