In Germany, not even half of homeowners have flood insurance, a protection gap that Swiss Re would like to close, said Beat Kramer Mölbert, head of property underwriting EMEA, Swiss Re.
Matt Scott is an award-winning journalist who has covered the (re)insurance market for the last eight years. A former actuarial associate consultant, he is also a founding director of new benchmarking and consultancy service Insurance DataLab.
Lloyd's is expecting claims from the Ukraine/Russia war to be an earnings event, not a capital event, said Hank Watkins, regional director of the Americas for Lloyd’s. He spoke with Insider Engage at the RIMS conference in San Francisco.
The lockdown didn’t stop employment practices liability insurance (EPLI) claims. Quite the opposite. Changing rules, social attitudes, and a shift in the workplace balance of power are creating new challenges for organizations.
The overall hard market has exacerbated the cyber insurance market, said Mario Vitale, CEO of Resilience Cyber Insurance Solutions. He spoke with Insider Engage at RIMS 2022 in San Francisco.
Cyber insurers are working to marry risk management with cyber insurance to prevent losses before it happens, said executives at RIMS 2022 in San Francisco.
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