Category Archives: Reinsurance

Unlocking resilience: The four ERM keys

“I found that just surviving was a noble fight” – Billy Joel Most companies want to do much better than “just surviving.” But the world is a dangerous and complex place. Surviving itself may be difficult, but the focus is … Continue reading →

Insurers: Is your IT ready for usage-based insurance?

Usage-based motor insurance (UBI) is generating a huge amount of interest at the moment. But are insurers’ IT infrastructure ready for it? In the space of around 15 years, 6 to 7 million American drivers have agreed to have their … Continue reading →

Managing severe thunderstorm risk: Looking beyond the weather forecast

As we reach the middle of Spring, the U.S. hail and tornado season is in full swing. March is a changeable month, in weather-terms. There’s an old saying that goes something like this: “March comes in like a lion, goes … Continue reading →

Blockchain: What risk managers need to know

There is no perhaps greater risk to our global economy in the coming years than a large-scale cyber event.  Blockchain may represent the best hope for preventing or limiting such an incident in the future.  For this, and other reasons, … Continue reading →

Changing modelers’ view of U.S. earthquake risk

What do we know and what can we expect? Those questions are ones that modelers tackle daily. Let’s start with what we know: The 2014 National Seismic Hazard Maps (NSHM) and the 2015 Uniform California Earthquake Rupture Forecast (UCERF3) describe … Continue reading →

Tropical Cyclone Debbie slams Australian coastline

Cyclone Debbie

Slow-moving Cyclone Debbie brought strong winds and torrential rains accumulating more than 200mm over 24 hours in many places, causing widespread coastal flooding. Continue reading →

A world on edge: Political risk in 2017

Two words capture the political climate in much of the world today: uncertainty and disruption. This is the kind of volatility that political risk insurance addresses. Continue reading →

Top 10 ideas insurers include in their risk appetite

In 2016, Willis Re performed a study of 48 (mostly U.S.-based) insurer risk appetite and tolerance statements. Continue reading →

Adaptability is key to ERM

Rain doesn’t know how to find the leak in your roof, yet somehow it does. And even if you take good care of your roof, one day the wind will blow from an unusual direction and the rain will find … Continue reading →

Insurers: Master practical risk management and thrive

Insurers face a critical choice that can separate those that thrive from those that get by. Enterprise risk management (ERM) can be a mere regulatory compliance exercise that satisfies a minimum requirement, or the starting line to a sprint toward … Continue reading →