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Insurtech weekly: Manulife; Ageas; Guy Carpenter; Evertas; Wefox
InsuranceERM rounds up the latest developments in the fast-moving world of insurtech
Guy Carpenter secures KCC catastrophe modelling deal
Both parties have agreed a three-year licensing agreement
Climate change "an important factor" in reinsurance renewals
Guy Carpenter and Willis Re discuss modelling issues in price negotiations
Reinsurance renewals shaped by price more than capacity
Guy Carpenter says shifting views of risk have been crucial in changing market sentiment
The devil in the IFRS 17 detail of reinsurance indexation clauses
The wording used in reinsurance contracts could lead to a bumpy transition from IFRS 4 to IFRS 17. Vasilka Bangeova explains how one contract clause - indexation - might trip re/insurers up
US casualty reserves: courting disaster?
Rising claims and shrinking reserves in the US casualty business have led to speculation about an impending crisis. Could it really get that bad? Sarfraz Thind investigates
Lloyd's: Cyber-attack on Asia-Pacific ports could cost $110bn
Losses could occur in an extreme scenario in which a computer virus infects 15 ports
US P&C insurers must focus on underwriting as investment lags
Low rates, competition driving underwriting pressures, says Guy Carpenter
IFRS 17 to challenge reinsurance's capital management role
Guy Carpenter’s Vasilka Bangeova examines IFRS 17’s impact on the value chain
Cyber catastrophe could inflict $28.3bn insured loss
Guy Carpenter and CyberCube Analytics modelled 23 cyber loss scenarios