May 18, 2022
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  • INDUSTRY NEWS
    . .

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

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    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

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

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

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

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    Cyber cover evolves as insurtech explodes – Business Insurance editor

  • CONSUMER RISK
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    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.

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    “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
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    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

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

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    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 Tag Archives: Government

Tag Archives: Government

FEATURED INDUSTRY NEWS Markets Recent Stories Reinsurance Markets REINSURANCE/ILS WRIN.tv Newswire

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

In this edition of CEO Angles, AAIS CEO Ed Kelly welcomes Guy Carpenter Chairman David Priebe and Reinsurance Association of America (RAA) President Frank Nutter for a discussion on the current state of the insurance and reinsurance markets in the wake of a tumultuous 2020. In a year that has seen many crises, from the COVID-19 pandemic to civil unrest …

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FEATURED INDUSTRY NEWS Legislation/Regulation P&C Recent Stories WRIN.tv Newswire

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

David Sampson, president and CEO of the American Property Casualty Insurance Association (APCIA), discusses the current state of the “dysfunctional, hyper partisan” U.S. government, and that there is little on the horizon that suggests polarization will end any time soon. Still, Mr. Sampson points to several successes over the past year, including the reauthorization of TRIA (Terrorism Risk Insurance Act). …

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FEATURED ILS & Capital Markets Markets Recent Stories Reinsurance Markets REINSURANCE/ILS WRIN.tv Newswire

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

The U.S. reinsurance market is very healthy. That according to Frank Nutter, President of the Reinsurance Association of America (RAA). Mr. Nutter says capital positions have been “strong and growing” thanks, in part to alternative capital vehicles. Market conditions are “very competitive” due to the amount of supply outpacing demand. Catastrophe losses continue to be a challenge, a threat, for …

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Markets Recent Stories Reinsurance Markets REINSURANCE/ILS WRIN.tv Newswire

“Healthy” Bermuda market opportunistic as it fights “protectionism” – ABIR CEO

John Huff, President and CEO of the Association of Bermuda Insurers and Reinsurers (ABIR) discusses the health of the Bermuda market, as well as the challenges and opportunities he sees going forward. According to Mr. Huff, the Bermuda market is “very healthy.” The market is thriving even after the significant natural catastrophes of 2017 and 2018 “nat cats” including Hurricane …

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Data/Tech/Modeling INDUSTRY NEWS Legislation/Regulation Recent Stories WRIN.tv Newswire

“Get involved” to understand regulators, technology and millennials.

Regulation and technology are the biggest challenges facing insurers today. That, according to Fred Karlinsky, Co-Chair of the Insurance Regulatory and Transactions Practice Group at Greenberg Traurig. On the regulatory front, Mr. Karlinsky notes a large amount of regulation affecting carriers at the federal and State level, as well as internationally at the IIAS (International Association of Insurance Supervisors). He …

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Data/Tech/Modeling EMERGING TRENDS FEATURED INDUSTRY NEWS Legislation/Regulation WRIN.tv Newswire

NAMIC seeks to mitigate populist political risk to insurers – NAMIC CEO.

NAMIC President & CEO Chuck Chamness comments on the major disruptors affecting the insurance industry, during the 2018 Joint Industry Forum.  While he notes technology is a considerable disruptor, he suggests public policy and the political environment within Washington and the State capitals may be the biggest factor affecting insurers.  He sees the populist movement creating difficulty for an industry …

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FEATURED ILS & Capital Markets Markets Reinsurance Markets REINSURANCE/ILS WRIN.tv Newswire

RAA’s Nutter discusses “blended model” and “new normal” in reinsurance sector.

Reinsurance Association of America (RAA) president Frank Nutter comments on the evolution of the “blended model” in reinsurance with alternative capital contributing to the way reinsurance provides capacity to insurance companies, not just in the catastrophe area. He sees reinsurance companies diversifying into the insurance business, viewing capital markets as “largely competitive…and complementary.” Mr. Nutter admits that reinsurers have struggled …

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FEATURED INDUSTRY NEWS Markets Recent Stories WRIN.tv Newswire

Insurance industry joins with UN, World Bank to tackle global risks.

In this edition of WRIN.tv’s Wide World of Risk, Mike Morrissey, President and CEO of the International Insurance Society, provides insight from his discussions with insurance company CEOs the world over. He sites four recurring themes dominating the minds of CEOs, including cyber risk, environmental risks, humanitarian disasters and insurtech. Mr. Morrissey says the “disaster aid mechanism that the world …

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Fred karlinsky | Greenburg Traurig
EMERGING TRENDS Legislation/Regulation

Need to watch Government, “one of your biggest partners” – Greenberg Traurig’s Fred Karlinsky

The major legislative issues facing property casualty insurance companies today is that many legislators do not understand the business of insurance. According to Fred Karlinsky, Co-Chair, Insurance Regulatory & Transactions Practice at Greenberg Traurig, since the 2008 financial crisis, the industry is seeing significantly more corporate governance requirements on insurers. He believes there will be continued scrutiny of activities and …

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Robert Gordon | PCIAA
INDUSTRY NEWS Legislation/Regulation

Deteriorating loss trends, regulatory over-reach and the Presidential election top the agenda at PCI.

Overall, the insurance markets are very strong, with record capital and record policyholder surplus, but there are several troubling trends in the market. Combined ratios and loss trends are deteriorating, and policyholder surplus is growing at a rate slower than the GDP. Robert Gordon, SVP – PCI Policy Development and Research, sees a “tale of two cities” with commercial lines …

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