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Hot Topics

Making complex issues simple

Focusing on what matters to the market, understanding the forces that are shaping the industry

 

Covid-19

Focus: The market needs to change the way it views trade credit risk

Trade credit insurers will need access to better-quality risk data if they are to weather the future onslaught of claims once government support is lifted

Focus Political Risk and Trade

Focus: Insurer reserves will fend off spectre of emerging market debt default

Despite the depth of the crisis, the insurance market is not expecting governments to fail, but multiple claims in multiple countries through defaults on individual contracts are expected

Focus Coronavirus

Focus: Large loss management remains a critical issue for clubs

Covid-19 has created a number of complex challenges for the P&I sector, but it is the size and frequency of major casualties that continue to test resilience of the market

Focus Claims Management

Viewpoint: Over-rating the risk from Covid is the biggest threat to the Tokyo Olympics

The pandemic forced the Tokyo Olympics to be postponed a year, but a disproportionate focus on Covid-19 could render the event more vulnerable to other, equally significant threats

Coronavirus Specialty
Cyber

Viewpoint: Pricing cyber risk properly is about more than raising rates

For carriers to increase prices and restrict cover as the frequency and severity of cyber attacks increase would be a short-term and unsustainable solution

Cyber International

Legal Focus: Insurers can snatch opportunity from the jaws of data protection exposure

The global evolution of data protection regulation offers cyber insurers both a challenge and a unique set of circumstances to grow their business

Cyber Regulation

Legal Focus: Cyber clarification could limit environmental coverage

Many specialist pollution policies are silent as to whether pollution caused by a cyber event is covered

International Casualty

Viewpoint: The market must defend against deep fake technologies

As deep fake technologies become ever more sophisticated, careful analysis of cyber resilience and maturity could prove to be the difference between success and failure for insurers 

Cyber International
Insurtech

Viewpoint: Covid is driving insurtech adoption in Latin America

The pandemic has shown local insurers that the role of insurtechs is not to take away business but to help them stay close to clients by facilitating access to new distribution channels

Insurtech South America

Profit and volume 'key to successful insurer-insurtech partnerships'

Incumbents are under pressure to grow their partnerships with insurtechs to scale at an acceptable loss ratio in order to recover their investment in a shorter timeframe than previously envisaged

Technology Insurtech

Asia insurtech sector speeding ahead on regulatory fast track

The adoption of insurtech solutions in Hong Kong and Singapore is not without its challenges, but these are being addressed through proof of concept initiatives sanctioned by the regulator

Insurtech Asia Pacific

Viewpoint: Ecosystem approach can solve the insurtech funding challenge

Platforms hosting several insurtechs are helping to ease the pressures on the sector post-Covid – but ongoing investment is critical

Technology Insurtech
Marine

Viewpoint: P&I clubs need to factor future shocks into their pricing

With the P&I renewal season over, clubs faced some tough pricing decisions amid pressure to take into account both present and future challenges facing the market

Marine International

Viewpoint: P&I clubs must think in new and constructive ways to be sustainable

The longevity of the P&I club business model is based on sustainability, but sustainability also has an economic dimension in the form of realistic risk pricing

Marine International

Focus: P&I rate hikes ‘modest’ given losses

With underwriting losses likely to be only partially offset by modest investment earnings, clubs are expected to see an overall decrease in free reserves for the last fiscal year

Focus Claims Management

Focus: Large loss management remains a critical issue for clubs

Covid-19 has created a number of complex challenges for the P&I sector, but it is the size and frequency of major casualties that continue to test resilience of the market

Focus Claims Management

Regulars

Deeper insight into market trends

Insurance Day’s regular sections, providing clarity on market trends and insight into their implications

 

 

ID Comment

ID Comment Company News

Arrows up (Champ008/Shutterstock.com)
ID Comment: Re/insurance chiefs bullish on multi-renewal hardening
Leaders from Axis, Scor, Hannover Re, Lancashire and Beazley believe a prolonged rate increase is on the cards
ESG (Dapitart/Shutterstock.com)
ID Comment: ESG pressures return

Carriers dealing with Brexit and Covid-19 need to start thinking about sustainability too

Coronavirus (Micha Weber/Shutterstock.com)
ID Comment: Four takeaways from the business interruption test case
The Supreme Court's ruling in favour of policyholders was controversial and throws up interesting problems for carriers
Agility (kentoh/Shutterstock.com)
ID Comment: 1/1 renewals show the gap between best and worst continues to grow
The worst-performing carriers are set for tough times ahead

 



People Moves


Market News

Ryan Specialty adds to exec team
Ascot appoints Thompson Bermuda CEO
BMS Re makes senior US property hire

 




Stockwatch


Stockwatch Company News

Arrows up (style-photography/Shutterstock.com)
StockWatch: Aviva shares keep rising as disposals continue

Lancashire slide deepens as results disappoint

Arrows down (200dgr/Shutterstock.com)
StockWatch: Lancashire sinks 7% as profits tumble

Last year’s most resilient Lloyd’s stock is down 11% so far in 2021

Arrows up (RIE SAKAE/Shutterstock.com)
StockWatch: Beazley bounce sparks hope of 2021 stock recovery

Lloyd’s firm is top performer in excellent week for insurance stocks

Stock market up (leungchopan/Shutterstock.com)
Stockwatch: Markel stock surges 11% after sluggish start to 2021

Europeans outperform as volatility hits US segment

 




Legal Focus


Market News

Legal Focus: Opportunity knocks in Brazil for international reinsurers
Legal Focus: Market should brace for a surge of data breach claims in 2021
Legal Focus: Covid-19 gives artificial intelligence a boost
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