CAREERS/PROFESSIONAL DEVELOPMENT FEATURED People Recent Stories Working in Risk & Insurance WRIN.tv Newswire The need to shed “boring” label to bridge “talent gap.” The insurance industry struggles to attract and retain next generation professionals. Here, WRIN.tv speaks with Monica Ningen, Head Property Underwriting in the U.S. & Canada at Swiss Re about the Talent Gap in the insurance industry. She was named to Business Insurance’s list of Woman to Watch in 2015, and shared her thoughts on the misconceptions about a career in … Read More
Brokers/Consultants Claims Management Markets Recent Stories Reinsurance Markets REINSURANCE/ILS Lessons from Matthew, Protection Gap & (Re)Insurance Growth Strategies with Swiss Re’s Ningen Monica Ningen, Head Property Underwriting US & Canada at Swiss Re, discusses how Hurricane Matthew served as a reminder for insurers. She also addresses the Protection Gap and product development and distribution strategies evolving in the insurance and reinsurance market. Hurricane Matthew, while not as big a loss as was predicted, was a reminder that a big event is possible. As a … Read More
Data/Tech/Modeling Markets Reinsurance Markets REINSURANCE/ILS Swiss Re exec on Mutual market share, disruptive technologies, nat cat market and growth Keith Wolfe, President US P&C at Swiss Re, provides an overview of a recent Sigma Report on the Mutual sector, the impact of disruptive technologies, the nat cat market and growth. Commenting on Swiss Re’s Sigma Report, Mr. Wolfe that says the Mutual Insurance sector is stronger than ever, with an increase in market share since the 2008 financial crisis. Mr. Wolfe sees technology and … Read More
Legislation/Regulation Markets Mutuals gaining share on trust/awareness. Board/Gender Balance enhancing governance – ICMIF Chief. In this segment of a full-length interview with Shaun Tarbuck, the ICMIF Chief Executive comments on the growth in market share among Mutual Insurers, as reported by Swiss Re in a recent Sigma Report. He sees three main reasons for the expansion: Trust, Improved Marketing, and greater customer awareness of alternatives that are “mutual.” Mr. Tarbuck also address challenges Swiss … Read More
INDUSTRY NEWS WRIN.tv Headline News – Week of August 8, 2016 In this edition of WRIN.tv Headline News (click on the headline for the full story): • The 2016 Olympics are underway thanks in part to insurers writing over a billion dollars in coverage for terror, crime, safety and the Zika virus • The augmented reality game Pokemon GO is spawning lawsuits and liability questions • A new RIMS Report provides … Read More
FEATURED Specialty Lines Insurers support Olympics/ IOC with over $1B in coverage The 2016 Olympics are underway amid anxious insurers covering the Games in Rio. The International Olympic Committee (IOC) acquired approximately $1 billion in coverage for this event. The policy underwritten by Swiss Re and Munich Re, covers event cancellation due to a natural catastrophe, civil unrest, pandemic or terrorism. Terror coverage for the Olympic Village, which houses the athletes, has … Read More
FEATURED ILS & Capital Markets INDUSTRY NEWS Markets P&C Recent Stories Reinsurance Markets Interest Rates, Pricing Pressure, M&As & Technology Shape ’16 Outlook Low interest rates, pressure on pricing, M&A activity, and disruptive technology are all shaping the outlook for the risk and(re)insurance industry for 2016. Here, WRIN.tv summarizes several of the recent forecasts published by industry analysts and thought leaders. Swiss Re sees economic momentum supporting growth in the insurance sector, even with headwinds like slower growth in China, lower commodity prices … Read More
Agents/Brokers/Consultants FEATURED Recent Stories Broker ability to aggregate data and create insurance solutions is driving growth in Program Business. According to Jamie Miller, Head of Property North America at Swiss Re, the biggest factors driving market conditions in the property market are over capacity driven by a lack of natural catastrophe losses. He sees a large number of carriers entering the excess and surplus (E&S) lines market as a result. With favorable market conditions and low cat losses, oversupply … Read More
