News
Accounting & tax analysis
Global average commercial insurance prices increased 14 percent in Q1 2020, according to the Global Insurance Market Index, released by Marsh. 12 May 2020
Actuarial & underwriting
Identifying low probability, high severity risks can be a challenge, as evidenced by the large number of companies caught without coverage when the COVID-19 pandemic struck. The Delphi method is one way that companies can prepare for the unexpected, says Gordon Thompson of AmeRisk Consulting. 12 May 2020
Actuarial & underwriting
The Federation of European Risk Management Associations (FERMA) has launched a taskforce to make proposals to address the issue of business interruption coverage for catastrophic risks. 11 May 2020
Actuarial & underwriting
Risk managers entered 2020 with certain expectations about the challenges and opportunities the year would present. The onset of the COVID-19 pandemic has forced them to throw their plans out of the window, and rethink how to manage their exposures in a world that suddenly looks very different, says Milliman’s Mike Meehan. 11 May 2020
Actuarial & underwriting
AF Specialty has appointed Ian Podmore as director of captive operations. Podmore focuses on business growth and profitability for new markets and business opportunity development through the use of insurance captives and is based in Charlotte, North Carolina. 7 May 2020
Executive Appointments
Mauro Dugulin will step down from his position as chief executive of MAXIS GBN from July 1 2020. 7 May 2020
Feasibility studies analysis
As the global economy and infrastructure continue to weather what feels like more and more storms, many companies find themselves in the middle of cost containment and restructuring strategies. Taking on more risk during these disruptive times may seem counterintuitive, but organisations with existing captives or plans to launch them are doing just that, says Adam Miholic of Hylant. 7 May 2020
Actuarial & underwriting
The cyber insurance market should be worth between $60 billion and $100 billion, and parametric insurance is the key to getting it there, according to John Donald, a special cyber advisor at AXIS. 7 May 2020
Executive Appointments
Michael Corbett has been named on the Tennessee Captive Insurance Association (TCIA) board of directors. 6 May 2020
article
Strategic Risk Solutions (SRS) has hired Derek Bridgeman as managing director in Europe, while Neil Campbell has been named to its European consulting team. 6 May 2020
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