Claims Management COMMERCIAL RISK Corporate Risk Management/ERM EMERGING TRENDS FEATURED P&C Recent Stories Specialty Lines WRIN.tv Newswire “Lone Wolf Terror” and the rapid evolution/frequency of liability exposures. Saad Mered, Group Chief Claims Officer at Zurich, lays out key concerns of risk managers today including the emergence of liability internationally, the frequency of claims, and the unexpected impact of “lone wolf terror” attacks. Mr. Mered sees the rapid evolution of liability frameworks in many countries as surprising to risk managers and carriers alike. The trend is emerging even … Read More
EMERGING TRENDS Reinsurance Markets New Technologies, Terror Risk and emerging opps in cyber, flood & mortgage risk – Holborn’s Dougherty WRIN.tv speaks with Arthur Dougherty, SVP at Holborn, about new technologies, terror risk and emerging markets in cyber risk, flood and mortgage insurance. Hurricane Matthew could have had a big impact on the reinsurance market, but it changed course and the size of the loss will not have an effect on the market. While some cedents may have significant losses, … Read More
Auto/Marine/Aviation EMERGING TRENDS REINSURANCE/ILS Top 3 Reinsurance Challenges & a “Game-Changer” in Auto – Munich Re America Chief Underwriting Officer The top three challenges facing reinsurance underwriters today are too much supply versus demand, new technology and data, and cyber risk. That, according to Martin Neuhaus, Chief Underwriting Officer of the Reinsurance Division at Munich Re America. Mr. Neuhaus says the oversupply of capital demands discipline from underwriters, and new technology and the amount of data now available require underwriters … Read More
Corporate Risk Management/ERM P&C WRIN.tv Newswire Mixed commercial insurance market still favors buyers: Willis Towers Watson report ARLINGTON, VA, October 26, 2016 — The marketplace for property, casualty and other lines of commercial insurance will continue to favor insurance buyers in 2017, particularly those with comprehensive strategic risk management and risk transfer strategies, according to global advisory, broking and solutions company Willis Towers Watson’s (NASDAQ: WLTW) 2017 Marketplace Realities report. The report, published today, serves as a … Read More
WRIN.tv Newswire Lockton launches Terrorism Crisis Solutions in response to evolving terror risk LONDON, Sept. 13, 2016 /PRNewswire/ — In response to the growing and rapidly evolving terror threat, insurance broker Lockton in conjunction with London Market insurers Hiscox, Beazley, Talbot and XL Catlin, have launched a new product – Terrorism Crisis Solutions (TCS). Designed to offer corporate clients a combined terrorism cover that encompasses a wide range of threats, the new policy brings … 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
