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Munich Re pledges pandemic modelling review
The German re/insurer's Covid-19 related losses in reinsurance totalled €3.4bn in 2020
COMMENT: Digital transformation must be a priority for CROs
Paul Donnelly, from Munich Re Automation Solutions, gives his view on the issue
Munich Re expects €3.4bn of Covid-19 losses in 2020
But reinsurance claims from the pandemic are forecast to fall to €500m in 2021
Insurtech weekly: MS&AD, insurtech funding, Axis Insurance, Munich Re Automation Solutions
InsuranceERM rounds up the latest developments in the fast-moving world of insurtech
ERM plays catchup on digital transformation
Digital transformation has long been heralded as a game changer for the insurance business. However, its impact has mostly been confined to insurers' front-end processes - with risk and capital functions proving more challenging to digitalise. Ronan McCaughey explains
Munich Re forecasts €800m of Covid-19 reinsurance losses in Q3
But the German reinsurer still expects to make a €200m profit in the quarter
Hannover Re anticipates German P&C rate increases
Covid-19 and low interest rates are driving premiums upwards
Insurtech weekly: Munich Re, Senseforth.ai, Zurich, InsurTech NY, Ford, Verisk, Instada, Cover Genius, Bsurance, Uniqa
InsuranceERM rounds up the latest developments in the fast-moving world of insurtech
Cyber scenarios "beyond insurability" must be clearly defined
Industry panellists warn risk pools may not help to cover extreme cyber risks
Covid-19 is bad, but cyberattacks and climate change may be worse
...so say the world's top reinsurers when asked about the most severe risks facing the industry. Paul Walsh reports