Ubiquitous “forever chemicals” could pose an unprecedented liability claims threat, risk experts warn

The long-awaited arrival of IFRS 17 is now just 18 months away. The race is on to implement the major changes required and work out what the standard will mean in practice - not least for the bottom line

Many UK insurers want to break away from the more prescriptive requirements of the Solvency II regime, but the room for manoeuvre may be limited

Welcome to the third installment of a three-part series titled, "Profiles in Excellence," in which Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest.

Welcome to the second installment of a three-part series titled, "Profiles in Excellence," in which Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest.

Welcome to the first installment of a three-part series titled, "Profiles in Excellence," in which Brandon Sweitzer, Dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. Johns University, interviews the recipients of the School of Risk Management's inaugural "Student Innovation in Insurance" Contest.

Rising interest rates and the weakened economy have made public fixed income attractive to property and casualty insurers, who are shifting away from alternative assets to play in their comfort zones.

Insurance asset owners are hopeful that challenges like rising inflation and political instability will not lead to a deep recession in 2023.

With all asset classes producing negative returns, insurance asset managers are searching for creative ways to manage their investments, said Rip Reeves, chief investment officer and treasurer for AEGIS Insurance Services.

Steven Loyens, Chief Actuary at Arch Insurance International, discusses the importance of a collaborative and integrated actuarial function, as businesses continue to navigate an increasingly data rich environment.

The CEO of Lockton Re Bermuda sees a healthy market leading in to 2023 created through clear communication channels, disciplined underwriting, well prepared clients, enhanced broker options and a consistent step change to the rating environment across the primary and retro markets.

As the dust settles on a hectic 1/1 renewal season, the Bermuda market is catching its breath and looking forward to 2023. On a trip to Bermuda earlier this month, a number of senior leaders told Insider Engage that the renewals were chaotic and underwriters were very busy the week between Christmas and New Year’s, as rates, terms and conditions hardened dramatically.

The importance of underwriting in the insurance value chain cannot be overstated, but despite this importance, there are several pain points that continue to dog the industry.

While the COVID-19 pandemic shut down offices and in-person meetings, Aon used the time to revamp its claims review process.

Affordable, accessible end-to-end technology is critical for smaller brokers to compete in a rapidly digitising and increasingly data-driven marketplace.