Tim McCosh, Co-Founder and CEO of Yokahu, looks ahead to what promises to be a busy next year as parametric products step in to bridge the trust gap in insurance

Before insurers can choose to retain, reduce or transfer cyber risk on their balance sheet, they need to understand the complexity and interconnectivity of the cyber risk, said Lori Bailey, chief insurance officer, Corvus.

Beyond the extensive devastation and tragic loss of life following the tornado outbreak that saw a reported 70 tornados tear across Arkansas, Illinois, Kentucky, Mississippi, Missouri, and Tennessee late December 10 and the early hours of December 11, Kroll Bond Rating Agency (KBRA) believes the insured property losses from the storms will be manageable for insurers.

The rise of ransomware attacks has lead some underwriters to raise rates and pull back on capacity, said Catherine Mulligan, head of cyber for Aon Reinsurance Solutions, at the Joint Industry Forum in New York.

Taking single-minded steps to reduce the risk of ransomware attacks could open companies up to other vulnerabilities, said Chris Beck, a managing director with Milliman.

The Institutes' new blockchain app could speed up claims, and its exploration into NFT could transform the industry, said Peter Miller, president and CEO of the Institutes.

A public/private partnership similar to crop insurance or TRIPRA is needed to manage pandemic risk, said Paul Horgan, head of U.S. National Accounts, Zurich North America.

How can re/insurers manage growing catastrophe risks if lessons from the past no longer apply?

Real events are necessary to test, and continually update, the accuracy of catastrophe models, said Karen Clark, founder and CEO of Karen Clark and Co.

The biggest challenge that insures face today is using all of their data to make the best decisions, said David Flandro, head of analytics for Howden HX.

The watchdog’s new product governance rules could be a catalyst for big change in the UK general insurance market.

Accident & Health insurance, which has focused on professional athletes in the past, is expanding to e-sports and space travel, said Guy Bonwick, Head of International A&H for AXIS Insurance.

Brian Young, president and chief executive officer, Odyssey Group Holdings, shares some of the challenges and highlights from the company's first 25 years as a Fairfax Company.

Jonathan Gray, President Specialties for AXIS Re, discusses challenges and opportunities in the Specialties Reinsurance market.

Katherine Hunter Ice of Markel won the Underwriting Rising Star of the Year at the 2021 Inside P&C Honors.

Launching with the right system gives start-ups a critical competitive advantage.

The (re)insurance industry has a “responsibility” to help close the growing protection gap that is affecting the EMEA region, said Urs Baertschi, Swiss Re EMEA chief executive of reinsurance and regional president.

What natural disasters and calamities aren’t doing in New York, the state’s legislature just might.

Kroll Bond Rating Agency (KBRA) notes that stakeholders are increasing pressure on (re)insurance companies to enhance the focus on, and attention to, climate-related disclosure.

Algorithmic underwriting has the power to cut through the complexity of commercial lines and allow for more efficient, fast and accurate risk selection.