Articles

Actuarial & underwriting

Captives poised to capitalise on growing frustration at commercial insurance exemptions

The COVID-19 pandemic has created an opportunity for captive insurers to increase market share, according to Brady Young, president of Strategic Risk Solutions.   24 April 2020

Actuarial & underwriting

Beazley prepares to launch new product recall insurance in the US

Beazley will launch a new product recall insurance policy for private enterprises in the US in the second quarter of 2020.   23 April 2020

Actuarial & underwriting

Hyperion X reports surge in demand for digital platforms

Hyperion X is experiencing record demand across multiple areas of trading as the market adjusts to cope with the COVID-19 pandemic.   23 April 2020

Actuarial & underwriting

COVID-19: the risk of rushing the response

The COVID-19 outbreak has been a social and economic disaster, and it is no surprise that authorities have been keen for re/insurers to help businesses pay the rapidly escalating bill resulting from the economic shutdown. But forcing institutions to pay out for risks that were never factored into their original premiums is not the way to go, says Michael Mead of M.R. Mead & Co.   20 April 2020

Actuarial & underwriting

Brit hires Shana Stodolski to beef up its US cyber offering

Brit has appointed Shana Stodolski as assistant vice president for cyber for Brit Global Specialty USA (BGSU).   20 April 2020

Actuarial & underwriting

Beazley names Bethany Greenwood as global head of cyber and executive risk

Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber and executive risk (CyEx).   15 April 2020

Actuarial & underwriting

How data, tech and captives help manage emerging risks

The world is changing rapidly, and the insurance industry is reinventing itself to offer new solutions to emerging risks through both traditional products and alternative risk transfer solutions. To ensure it remains relevant in a future dominated by intangible assets and risks that are difficult to price, the insurance industry must revolutionise its use of data and seek collaboration with insurtech companies and customers alike, says Guglielmo Maggini of the Allianz Group.   15 April 2020

Actuarial & underwriting

Captives offer more comprehensive business interruption coverage: MSI

In a webinar on April 8 designed to educate brokers and other advisors about the advantages of captive insurance, Management Services International (MSI) warned many businesses with business interruption coverage written by commercial carriers would be exposed to significant uninsured losses.   9 April 2020

Actuarial & underwriting

Getting creative with risk management: put captives front and centre

The COVID-19 crisis has exposed how interdependent risk has become in the modern world, and the extent to which a single event can devastate whole economies, let alone individual businesses. The world must respond by becoming much more creative in its approach to risk management, and captives should be at the heart of those efforts, says Michael Zuckerman of Temple University’s Fox School of Business.   9 April 2020

Actuarial & underwriting

BDO offers non-life actuarial services to captives in Guernsey

BDO has launched a new actuarial non-life offering for captive managers in Guernsey.   8 April 2020

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