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Two-thirds of insurers plan to implement AI predictive models within two years – Earnix. 5 November 2024. The technology firm surveyed more than 400 global insurance executives to uncover technology and artificial intelligence (AI) trends, revealing that replacing legacy systems remains a significant challenge.
Oasis publishes exposure management C-suite guidance
23 hours ago · Oasis Loss Modelling Framework, the open source catastrophe modelling platform, has launched new guidance for exposure management. The new report is marketed by Oasis as a concise guide, co-authored by a group of 15 exposure management experts. Oasis cited rising climate risks, new market pressures, and increased investor scrutiny as particular ...
Reinsurance analysis and insight | Global Reinsurance
Insurance resilience tested by Covid-19 as global protection gap climbs to $1.24trn. Covid-19 is expected to hit global financial resilience hard, with research from Swiss Re forecasting a 20% drop in global resilience as a result of the pandemic as stimulus packages deplete economies’ fiscal and monetary headroom.
About - Global Reinsurance
For more than 30 years, GR has been the go-to source for senior (re)insurance executives across the world., providing essential comment from industry leaders, financial analysis of the industry's largest companies and intelligence on market developments and trends. Covering seven key industry regions: Asia Pacific, Bermuda, Europe, Latin ...
Reinsurance Latest News | Global Reinsurance
Reinsurer ROEs rise on underwriting, investment results – AM Best. AM Best’s DuPont analysis indicated reserve leverage for the composite dropped, led by non-life reinsurers, other than the ‘big four’, whose reserve leverage was relatively stable. The latest reinsurance news for reinsurers, insurers, brokers and service providers.
Industry Reports - Global Reinsurance
12 November 2020By Reuters. Insurance and reinsurance industry losses from wildfires across U.S. states, including California, Oregon and Colorado, were estimated to be more than $8 billion, according to a monthly report on global catastrophes by Aon Plc. Global Catastrophe Recap Report Oct 2020.
Reinsurance magazines, supplements and reports | Global Reinsurance
6 September 2024. This year’s annual print edition of Global Reinsurance for the Monte Carlo reinsurance Rendez-Vous de Septembre is packed with executive interviews, news and analysis and features on the latest trends facing international (re)insurance markets. The magazine, which will be on the stands at Monte Carlo, is FREE to download here.
Global insurance premiums to surpass $7 trillion in 2022 - sigma
Jul 13, 2022 · Swiss Re Institute’s latest World Insurance sigma forecasts strong global insurance market growth in 2022 and 2023 with total premium volumes expected to rise above $7 trillion for the first time ever by the end of this year.. However, the combination of a sharply slowing global economy and a multi-decade-high inflation will weigh on total premium growth with an expected below-trend 1.2% ...
Where are all the new reinsurers? | Global Reinsurance
Sep 6, 2024 · Where are all the new reinsurers? 6 September 2024. A hardening market usually heralds the arrival of new reinsurers, but this has not happened in 2023 and 2024. Two analysts from AM Best recently sat down with Global Reinsurance to try to explain why. It is no secret that the insurance industry has experienced a hard market for reinsurance, a ...
How are insurers preparing for another hard reinsurance renewal?
Sep 8, 2023 · For many insurers, the reinsurance renewals on 1 January 2023 were the most difficult they had seen in a long, long time. The Q1 2023 Global Insights report released by broker giant Aon noted that this renewal cycle was “the most delayed, complex and difficult in decades” and introduced ”significant volatility into the market, especially for natural catastrophe exposed property risks and ...