Insurance Day's Editorial Comment
Latest From Viewpoint
'Climate rules represent major strategic challenge for insurers'
Carriers have some tough decisions to make about the way they change their approach to the risks they underwrite
'Rise in demand for renewable energy will test market expertise and capacity'
The pressure on insurers to be ready and able to help clients manage the journey from a reliance on primary fossil fuel energy production to a renewable future is increasing
'Technology will support the London market's return to a new way of working'
The shape of the new work environment, including the use of outsourcing, will continue to change as technology further transforms market practices and the nature of the re/insurance transaction
'The Covid experience questions but does not dismiss the value of risk models'
The key to understanding the benefits and limitations of models, is they are an approximation of reality, not reality itself and that the quality of data fed into them is critical to bridging that gap
'Climate transition risk is redrawing the investment landscape for insurers'
The financial risks and other exposures associated with climate change have significant implications for companies’ creditworthiness and market valuations in the long term
'Accelerated settlement is crucial to closing the coverage gap'
When disasters hit, insurers need to respond quicker than they are currently minded to do. Accelerated claims settlement can significantly reduce economic loss and suffering
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