Category Archives: Reinsurance

Assessing the aftermath: Lessons learned from Hurricane Irma

hurricane irma risk mitigation

Soon after hurricane Irma struck, Willis Re sent a team to survey the property damage in southwest Florida. After four days, and 900 miles, the team completed its assessment, which can be found here. Among the key lessons learned was … Continue reading →

Post-hurricane confusion in the energy insurance markets: 3 reasons why a market turn is too early to call

post-hurricane

Energy insurers were in a bullish mood as delegates gathered at the critical Baden-Baden reinsurance meeting last week. Their frame of mind didn’t come as a surprise, given all the media speculation on how insurance markets will respond in the … Continue reading →

A hurricane season of record-breaking storms – Part 2: What will the future hold?

This is a continuation of a previous blog post, A hurricane season of record-breaking storms – Part 1: Historical context With every large storm, there are always questions concerning climate change. Can storms such as those we’ve seen in recent … Continue reading →

A hurricane season of record-breaking storms – Part 1: Historical context

Hurricane season 2017 will leave many scars. A succession of September Hurricanes have left trails of devastation across many Caribbean Islands, as well as caused widespread flooding and loss across many southern states of the U.S. In fact, it was … Continue reading →

Avoid a reporting crisis: Turning words into reality

Faut-il réinventer le salaire de base?

A major European insurer has demonstrated how a well-constructed reporting process transformation project can reap significant benefits when dealing with proliferating and ever-tighter deadlines. Over a recent series of blogs, we’ve highlighted the growing pressures on insurers’ reporting processes and … Continue reading →

Rogue practitioners: What motivates them, and what can be done to protect patients?

Last month, it emerged that a German male nurse, currently serving a life sentence for the murder of two patients, is being investigated for 84 other suspected murder cases. If confirmed, this would make him Germany’s worst post-war serial killer. … Continue reading →

Digital technology, big data and the mutual sector

Mutual and cooperative insurers have justifiable pride in the high levels of service they offer to their members. But, with improved and deeper customer relationships being a key focus for the commercial sector’s application of technology, should they be taking … Continue reading →

The 2017 hurricane season: Will it transform the energy insurance markets?

In the aftermath of hurricanes Harvey and Irma, the thoughts of our colleagues in the energy sector and insurance market are quite rightly directed towards the human tragedy that’s unfolding as new details of the death and destruction wrought by … Continue reading →

Avoid a reporting crisis: Useful tips – part 3

Having gone to the time and trouble of identifying and following through on objectives that help transform reporting processes, the last thing companies want, or can afford, is to miss out on the longer-term efficiencies and payback. As anyone who … Continue reading →

Deadly Hurricane Irma continues towards Florida

Sitting in a conference hall at Columbia University seems far away from violence and destruction being caused by Major Hurricane Irma. However, this conference (The Workshop on Atlantic Climate Variability – Dynamics, Prediction and Hurricane Risk) hosts some of the … Continue reading →