Category Archives: Reinsurance

Changing modelers’ view of U.S. earthquake risk

fallen utility pole and road destroyed.

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 →

Customer-centric insurers—Drive for show, putt for dough

Over recent years, the term “customer centricity” has become established in the global business lexicon. Companies are finding innovative ways to attract and satisfy consumers. Continue reading →

Alignment is key to ERM

Risk has traditionally played a minor role in the strategic discussions of many firms. Often, planners get risk out of the way at the very start with a discussion of strengths, weaknesses, opportunities and threats (SWOT). Then as quickly as … Continue reading →

U.S. corporate tax reform – What you need to know

Conditions in Washington make it likely that 2017 will bring significant changes to how U.S. domiciled insurance companies will be taxed. Proposals to cut corporate tax rates and to change how income from outside the U.S. is taxed will, if … Continue reading →

What risks will emerge in 2017?

A look at the emerging risks for 2017 reveals two clear touchpoints: people and politics – and especially politics. Risk experts in areas ranging from human capital to transportation, from Washington, DC to Brazil are looking at the broad implications … Continue reading →