Legacy providers’ operational capability, expertise and infrastructure will be among the areas regulators focus on this year
The risk management of third-party suppliers and outsourcing is changing, with increased focus on due diligence and control testing
While this is set to be another year of significant challenge, the market enters it with considerable momentum and renewed confidence
While 2022 will be a year of increased risk, there will also be opportunities for re/insurers to develop products that can manage these exposures
Re/insurance industry regulations are set to change, bringing challenges and opportunities for the London market
Insurers that embed geocoding into their risk assessment and rating processes will have a better and more accurate view of risk
Despite losses, the market has shown resilience. Here are five key issues for the sector in 2022
Many of the problems insurers face in getting closer to customers and gaining better insight into the risks they face can be traced back to data that is incomplete, out of date or wrong
The industry must think differently about its business model if it is to evolve at the pace required to keep up with the growing climate risk
Parametric solutions can play a significant role in tackling systemic risks, such as climate change and extreme weather, that affect food security
Our world has changed, and we – the insurance industry – must navigate this change together
Freeing underwriters and brokers from the administrative burden of trading brings enormous benefits, but insight provided by high-quality, consistent data opens up other opportunities
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