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Models Capital, Risk, Economic Scenario Generators
News
Re/insurers may "lose relevance" if cyber cover demand is not met
Munich Re's chief cyber underwriter Jürgen Reinhart said re/insurers must create sustainable growth conditions
Global natcat average losses doubled to $100bn in last five years
Insurer models have accounted for increase, says Verisk
PRA steps up oversight of funded reinsurance for annuity firms
UK regulator warns life insurers about concentration risks
Harness insurers' expertise in public risk pools, says ex-Pool Re chief
At RVS 2022, Julian Enoizi said public-private pools should be formed "pre-disaster"
Reinsurers to perform better than direct writers
Inflationary pressures to hit direct writers the hardest, say rating agencies
Soaring inflation and rates would hit Italian and French non-life sectors hardest
Fitch Ratings says only some life insurers will benefit in this scenario
Better data could liberate life underwriting for mental health conditions
Opportunities exist for improved risk assessment and dynamic underwriting, say actuaries
Mena insurers exhibit "shortcomings" in ERM practices
AM Best report says Middle East and North Africa firms making steady improvements
Barrage of regulatory mandates concerning California's wildfire insurers
Insurance rules are leading to prolonged insurance crisis, says APCIA
Free listing deadline closes today for InsuranceERM's technology guide
Entries should cover insurance risk management software - and the deadline is today 12 August
Insurers must deploy "new age" models to combat wildfire risk
Zesty.ai's Attila Toth said traditional methods miss the true impacts
Discrimination-free insurance pricing model proposed
Neural network can deal with missing policyholder information
Analysis
Stress testing reinsurer resilience to reserve shocks
Stuart Shipperlee discusses Litmus Analysis' examination of 35 leading reinsurance carriers to understand their overall resilience to reserve shocks, and notes very significant individual variances
Fighting fires in the US
Wildfires are raging once again and insurers are under pressure to maintain coverage in high-risk regions. But the industry can do more to help itself and society as David Sampson, president of the American Property Casualty Insurance Association, explains to Sarfraz Thind
Insurers happy with UK's Solvency II plans, but capital savings remain uncertain
The government has grabbed positive headlines with its proposals to reform Solvency II, but the industry is cautious about the how they will pan out. Cintia Cheong reports
A new standard for liability risk data
Open data standards for risk modelling are helping improve the efficiency and value of risk management in the insurance sector, Today, a new standard for liability risks is being launched, as Dickie Whitaker explains
Connecting catastrophe with climate
Christopher Cundy talks to Nick Hassam and Thomas Loridan, the founders of Reask, on how their physics-driven catastrophe models are enabling insurers to better understand climate risk
2021 Atlantic hurricane season: "shorties", northeastern losses and rapid intensification
This year's Atlantic hurricane season may not have broken the records of its predecessor, but it was notable for the emergence of several worrying trends. Paul Walsh reports