May 18, 2022
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  • Home
  • INDUSTRY NEWS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

    . .

    Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.

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    “Still Opportunities to Get Things Done Despite Dysfunctional US Government” – APCIA CEO

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    Innovation is Happening in Insurance, but Not Disruption – Not Yet! – Aisus CEO

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    NY Insurers Face Challenges and Opportunities in Tech, Financial Literacy – NYIA

  • COMMERCIAL RISK
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    Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs

    . .

    Climate Change Affecting Insured Losses, but Hard to Quantify – Dr. Klotzbach, Colorado State University.

    . .

    Independent Agents See Growth Across All Lines, Despite Challenges – Big I CEO

    . .

    Technology and “Lookers” Enhance Claims Management process – Crawford COO

    . .

    Cyber cover evolves as insurtech explodes – Business Insurance editor

  • CONSUMER RISK
    . .

    FL Commissioner Optimistic about Emerging Consumer Products/Services

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    New Revenues for Insurers Exist in Sharing Economy – Re-Sure CEO

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    Insurers need “sense of urgency” to improve claims and risk assessment process

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    “Amazoned” consumers present challenges & opportunities to personal lines insurers.

    . .

    “Upstart Insurtechs” raising the bar in homeowners market – LexisNexis exec.

  • REINSURANCE/ILS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

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    Robust Reinsurance Market Not Without its Challenges – RAA CEO.

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    Customer Experience…a Modern Differentiator for Insurers – BMS Re CEO

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    US Reinsurance Market “Healthy” While Facing New Threats & Opportunities

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    Reinsurance upgraded to “Stable” as A.M. Best cites possible “inflection point”

  • CAREERS/PROFESSIONAL DEVELOPMENT
    . .

    P&C Industry Gives $1B+/year to Charity…IICF on Women in Insurance & Millennial Summit

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    St. Baldrick’s Carries on Tradition of Giving – NAMIC CEO

    . .

    Looking ahead…Automation, Robotics and AI could help fill “Talent Gap”

    . .

    Grow by Solving Society’s Problems…A.M. Best exec.

    . .

    Spencer Foundation fights “war for talent” with scholarships, grants and internships.

3 New Articles
  • Oct 12, 2020 Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets
  • Feb 6, 2020 Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs
  • Jan 29, 2020 Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.
Home FEATURED (page 3)

FEATURED

CAT Report: Changing Focus from Recovery to Resilience.

By WRIN.tv News Desk
Jun 14, 2017
in :  Claims Management, FEATURED, Homeowner/Renter/Auto, INDUSTRY NEWS, P&C, Recent Stories, WRIN.tv Newswire

With the Hurricane Season underway, WRIN.tv speaks with Insurance Information Institute (I.I.I.) President and CEO Sean Kevelighan about the forecast for 2017, and a change in focus from ‘recovery’ to ‘resilience.’ Mr. Kevelighan drew from a recent announcement jointly published by the I.I.I., the Department of Atmospheric Science at Colorado State University (CSU) and the Tropical Meteorology Project (TMP), which forecasts “near-average …

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“Lone Wolf Terror” and the rapid evolution/frequency of liability exposures.

By WRIN.tv News Desk
May 31, 2017
in :  Claims Management, COMMERCIAL RISK, Corporate Risk Management/ERM, EMERGING TRENDS, FEATURED, P&C, Recent Stories, Specialty Lines, WRIN.tv Newswire

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 …

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Foreign expansion / emerging markets / supply chain risk…advice for risk managers.

By WRIN.tv News Desk
May 22, 2017
in :  Claims Management, COMMERCIAL RISK, Corporate Risk Management/ERM, FEATURED, Recent Stories, WRIN.tv Newswire

Over the next several years, multinational firms expect to expand trade in foreign markets or increase trade in international markets they already do business in. Managers dealing with international risk are challenged to manage their existing risk management programs, especially when exposures from physical plants, increased revenue and loss trends changing. That according to Richard Friesenhahn, Head of Multinational for …

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Need to Know: “Conduct of Insurance” in each country of multinational coverage program.

By WRIN.tv News Desk
May 11, 2017
in :  Claims Management, COMMERCIAL RISK, Corporate Risk Management/ERM, FEATURED, Legislation/Regulation, Recent Stories, WRIN.tv Newswire

Petra Riga, Head of Distribution for Zurich in Europe, Middle East and Africa (EMEA), joins WRIN.tv to discuss the issues risk managers face when dealing with multinational regulations and rules and expectations of local regulators around the world. Ms. Riga says risk managers are challenged by increased international regulation. She notes that risk managers of multinational companies must consider insurance …

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Protectionism, Middle East conflicts and water scarcity driving geopolitical risk.

By WRIN.tv News Desk
May 4, 2017
in :  Corporate Risk Management/ERM, EMERGING TRENDS, FEATURED, Recent Stories, Specialty Lines, WRIN.tv Newswire

David Anderson, Head of Credit & Political Risk at Zurich Insurance Group, explains the key findings from a recent study released along with the Atlantic Council, a think tank in Washington DC. The report entitled “Our World Transformed: Geopolitical Shocks and Risks”, looks at global risks with geopolitical consequences and interconnections. Mr. Anderson says, for example, if multiple economies start …

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“Excellence in Risk Management” report sheds light on risks from disruptive technologies.

By WRIN.tv News Desk
May 1, 2017
in :  Agents/Brokers/Consultants, COMMERCIAL RISK, Corporate Risk Management/ERM, EMERGING TRENDS, FEATURED, Recent Stories, WRIN.tv Newswire

Brian Elowe, Marsh’s U.S. Client Executive Leader, reviews the key findings from the 14th annual Excellence in Risk Management report, published jointly by Marsh and RIMS. He sees a gap between the use of ‘disruptive technologies’ and the understanding of the risks that come with it. Mr. Elowe, who co-authored the report, begins by recognizing examples of ‘disruptive technologies’ such …

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Spencer Foundation fights “war for talent” with scholarships, grants and internships.

By WRIN.tv News Desk
Apr 27, 2017
in :  CAREERS/PROFESSIONAL DEVELOPMENT, Corporate Risk Management/ERM, Education/Certification, FEATURED, Recent Stories, Working in Risk & Insurance, WRIN.tv Newswire

Ron Davis, Chairman of the Spencer Educational Foundation and EVP/Head of Customer Management at Zurich, explains why the insurance industry needs to attract and encourage young talent. He says there is a large number of people leaving the industry right now, and that is causing a gap…a need for people with the right skillset and attitudes. He notes that the …

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Ironshore CEO discusses emerging tech, the “Trump Effect”, PPPs, M&As and more.

By WRIN.tv News Desk
Apr 26, 2017
in :  COMMERCIAL RISK, Corporate Risk Management/ERM, EMERGING TRENDS, FEATURED, P&C, Specialty Lines, Uncategorized, WRIN.tv Newswire

Kevin Kelley, CEO of Ironshore, addresses the key concerns of risk managers today, including emerging technology, the “Trump effect”, PPPs, M&As, and more. One of the biggest concerns of risk managers is technology and how digital transformation will affect their business and how exposures may change as a result. Emerging technologies are having a significant impact on risk managers. According …

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Distracted Driving / Higher Repair Costs pushing auto premiums higher – III CEO.

By WRIN.tv News Desk
Apr 23, 2017
in :  Auto/Marine/Aviation, CONSUMER RISK, Data/Tech/Modeling, EMERGING TRENDS, FEATURED, Homeowner/Renter/Auto, Recent Stories, Working in Risk & Insurance, WRIN.tv Newswire

“We have disruption all over… (and) the insurance industry deals with it.” That, according to Sean Kevelighan, President and CEO of the Insurance Information Institute (III), who spoke at the recent AAIS Main event in Florida. He notes that the insurance industry is accustomed to dealing with natural and man-made catastrophes, even technology, which a major disruptor right now. Mr. …

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Insurers need to sense, vet, and test new ideas to deal with “disruption.”

By WRIN.tv News Desk
Apr 12, 2017
in :  Data/Tech/Modeling, EMERGING TRENDS, FEATURED, INDUSTRY NEWS, P&C

According to Paul Carroll, CEO and Editor-in-Chief of Insurance Thought Leadership (ITL), this is a “hugely important time in the (insurance) industry.” He describes “five stages of disruption“, which he has seen in other industries for some time. Mr. Carroll says the industry is out of the “denial phase” and now in the “Cambrian stage”, with billions of dollars being …

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NAIC CEO on technology, disruption, capital standards, and cross-border insurance sales.

By WRIN.tv News Desk
Apr 5, 2017
in :  Data/Tech/Modeling, FEATURED, Health Insurance, INDUSTRY NEWS, Legislation/Regulation, Recent Stories, WRIN.tv Newswire

Michael Consedine, the new CEO of the National Association of Insurance Commissioners (NAIC), speaks at the AAIS Main Event about his priorities; technology, innovation and disruption; the IAIS and international capital standards; and Trump Administration goals to create a more competitive healthcare market through cross-border insurance sales. Mr. Consedine says some of his propitiates encompass innovation and technology, as well …

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PCI CEO on “tipping point” in regulation, a Trump administration, NFIP & growth.

By WRIN.tv News Desk
Jan 23, 2017
in :  FEATURED, INDUSTRY NEWS, Legislation/Regulation, P&C, WRIN.tv Newswire

WRIN.tv speaks with David Sampson, President and CEO of the Property Casualty Insurers Association of America (PCI), about trends in insurance regulation, the new Trump administration, the National Flood Insurance Program (NFIP) and growth in cyber and energy-related sectors. Mr. Sampson believes the industry had reached a “tipping point” In 2016 with regard to State insurance regulators overstepping their authority. …

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A Trump Administration… Insurance Leaders Comment on Impact to Industry.

By WRIN.tv News Desk
Jan 22, 2017
in :  FEATURED, INDUSTRY NEWS, Legislation/Regulation, P&C, Recent Stories, REINSURANCE/ILS, Uncategorized, WRIN.tv Newswire

On the Road at the Joint Industry Forum in New York, WRIN.tv asked several insurance trade association executives to consider the impact of the new Trump Administration on various sectors of the insurance industry. Here, we share the hopes, concerns and expectations of: Michael Morrissey, President & Chief Executive Officer of the International Insurance Society (IIS) David Sampson, President and …

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Insurance industry accepts “Disruption is everywhere” – III President & CEO Kevelighan

By WRIN.tv News Desk
Jan 18, 2017
in :  Data/Tech/Modeling, FEATURED, Legislation/Regulation, Recent Stories, WRIN.tv Newswire

WRIN.tv goes “On the Road” to the Joint Industry Forum, hosted by the Insurance Information Institute (III).  Here, III President and CEO Sean Kevelighan reflects on 2016, contemplates the challenges ahead in 2017, including the impact of the new administration in Washington, and the outcomes of the 2017 Joint Industry Forum. Looking back at 2016, Mr. Kevelighan says industry professionals had …

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Tax-deferred Master Limited Partnerships offer value to insurance investors in difficult environment.

By WRIN.tv News Desk
Jan 11, 2017
in :  Companies, FEATURED

Master Limited Partnerships (MLPs) offer good value to institutional investors in today’s environment. According to Marcus McGregor, Head of Master Limited Partnership Strategy at Conning, MLPs compare favorably to other asset classes, such as investment-grade corporates, utilities and REITs, from a valuation perspective. Mr. McGregor points out that MLPs “screen as cheap” relative to other asset classes in the 3-year …

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Income Disparity, Climate, Polarization, Cyber & Aging Top WEF Global Risk Report

By WRIN.tv News Desk
Jan 10, 2017
in :  Data/Tech/Modeling, FEATURED, INDUSTRY NEWS, Recent Stories, WRIN.tv Newswire

The Global Risks Report 2017, published at The World Economic Forum in Davos, features perspectives from nearly 750 experts on the perceived impact and likelihood of 30 prevalent global risks as well as 13 underlying trends that could amplify them or alter the interconnections between them over a 10-year time-frame. This year’s findings include five key challenges that the world …

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The need to shed “boring” label to bridge “talent gap.”

By WRIN.tv News Desk
Dec 28, 2016
in :  CAREERS/PROFESSIONAL DEVELOPMENT, FEATURED, People, Recent Stories, Working in Risk & Insurance, WRIN.tv Newswire

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 …

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Politics & Hacking, Yahoo & Breaches…The Growing Cyber Risk Environment.

By WRIN.tv News Desk
Dec 19, 2016
in :  COMMERCIAL RISK, Corporate Risk Management/ERM, Data/Tech/Modeling, FEATURED, Recent Stories

Amidst accusations that Russia was involved in hacking that affected the U.S. Presidential election, President-elect Donald Trump met with executives from some of the largest technology companies to discuss support for their businesses …once he takes office. Yahoo announced that it had suffered the largest cyber breach in history back in 2013, exposing more than one billion accounts, double the …

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Do quakes in the Pacific foretell the “Big One” for California or Canada?

By WRIN.tv News Desk
Nov 21, 2016
in :  Claims Management, FEATURED, Homeowner/Renter/Auto, P&C, Recent Stories, WRIN.tv Newswire

With recent earthquake activity in the Pacific and new reports on major risks of loss in North America, insurers are taking note of an exposure that could have devastating consequences. According to Dr. Robert Muir-Wood, RMS Chief Research Officer, the November 22 earthquake off the coast of Sendai, Japan is probably another aftershock triggered by the Tohoku quake in March …

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Even with deteriorating pricing/potential UW losses, Fitch does not see markets hardening in 2017.

By WRIN.tv News Desk
Nov 2, 2016
in :  Auto/Marine/Aviation, FEATURED, INDUSTRY NEWS, Markets, Recent Stories

Current stability and underwriting profits are giving way to growing loss trends, investment headwinds and deteriorating profits. Still, that will not be enough to harden insurance markets in 2017, according to Jim Auden, Managing Director & Head of U.S. Property & Casualty at Fitch Ratings The overall industry is “pretty stable” right now, as is Fitch’s ratings outlook. That stability …

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