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
FEATURED Recent Stories UN Climate Insurance, Zurich, EY and R Street Regulatory Ratings In this edition of WRIN.tv Headline News: President Obama / UN show support for sustainable insurance At the U.N. climate conference in Paris, President Obama said the U.S. would support parametric-risk insurance programs in the Pacific, the Caribbean, and Africa. The U.N. Secretary General Ban Ki-Moon also launched a new climate resilience and insurance initiative that will provide weather-related coverage … Read More
Accident/Disability INDUSTRY NEWS Life Insurance Markets P&C Recent Stories EY Insurance Leader looks at aging populations, regulation, cyber and other issues facing the sector Shaun Crawford, Global Insurance Sector Leader at Ernst & Young, spoke with WRIN.tv at the 2015 Global Insurance Forum, about major issues facing the insurance industry, including an aging population, regulatory changes, data and cyber risk…and more. Highlights of his discussion include: The challenges of an aging population and the burden it places on the healthcare system Regulatory standards could … Read More
Companies P&C Insurance industry needs talent that can interpret Big Data to price/underwrite risk Shaun Crawford, Global Insurance Sector Leader at Ernst & Young, speaks with WRIN.tv during the 2015 Global Insurance Forum, about the need for the insurance industry to recruit talent. According to Mr. Crawford, acquiring and retaining “talent” is a significant issue for the insurance industry. With much of the core tasks in the industry now handled by machines, insurers are … Read More
Data/Tech/Modeling EMERGING TRENDS Insurers look to control their own cyber risk while finding ways to cover their clients Shaun Crawford, Global Insurance Sector Leader at Ernst & Young, spoke to WRIN.tv during the 2015 Global Insurance Forum, about challenges the insurance industry faces in managing data while helping its clients manage cyber exposures. According to Mr. Crawford, the insurance industry has not been very good at managing data and its integrity. Insurance carriers have many data sources and … Read More
Legislation/Regulation Regulatory standards could make it harder for international insurers to compete in local markets At the 2015 Global Insurance Forum, WRIN.tv spoke with Shaun Crawford, Global Insurance Sector Leader at Ernst & Young, about the impact of Solvency II on regulatory standards around the world. He comments on the EU endorsement of insurance rules used in seven countries, including the U.S., Switzerland and Bermuda, saying it raises the level of how insurers are analyzed … Read More
Accident/Disability The challenges of an aging population and the burden it places on the healthcare system Shaun Crawford, the Global Insurance Sector Leader at Ernst & Young spoke to WRIN.tv during the recent Global Insurance Forum about the aging population and in its impact on the healthcare system and the insurance sector. Mr. Crawford points to a number of challenges related to an aging population. In undeveloped markets, there is a younger population moving to middle … Read More
