After five years and the ‘graduation’ of over 100 alumni, Lloyd’s is taking its insurtech innovation unit to the next level

Join Insider Engage, in partnership with FTI, as we discuss the M&A landscape in 2023 in a free webinar to be held on March 9th, Thursday. 3pm BST.

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.

2022's Airmic ERM (Enterprise Risk Management) Forum held in London, provided risk professionals a networking platform to explore trends that are reshaping the enterprise risk management landscape, such as the impact of geopolitical tensions on supply chains as well as the increasing threat of cyber attacks as our world becomes more interconnected.

Airmic’s latest survey has identified that climate risk is not being prioritized among its members and that risk professionals are more concerned with managing severe short-term risks, such as flooding and tropical cyclones than the long-term impact of climate change.

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

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.

Insider Publishing Group, in partnership with Nuveen, kicked off 2023 with a visit to Bermuda, where Meg Green, editor of Insider Engage, Insurance Insider's sister publication, hosted a fireside chat with Mosaic Insurance co-founders Mitch Blaser and Mark Wheeler to give a Class of ’21 perspective on what the future holds for the market.

While other property/casualty lines may be challenged in a recession, some specialist accident & health products can see a lift in business during an economic downturn, said Jay Hamilton, global head of accident & health, AXIS.

Is 2023 set to be the most testing year for the industry in living memory?

Lloyd’s Market Association CEO Sheila Cameron is looking forward to an action-packed year: new regulation, digitisation and human resources development are all in the mix

In a rapidly changing financial market, insurers must be agile in their management of balance sheets and investment opportunities in order to rebuild book yields and boost returns while also mitigating the risk of volatility.

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.

The motor insurance market in 2021 for Latin America is still down by 6% compared to 2019

Insurers should try out their digital transformation mechanics on small groups before rolling it out to their entire customer population, said Liam McHugh, principal consultant, Emergn.

Insurers can get bogged down using too many, or the wrong sort, of metrics to measure their digital transformation, said Jason Nash, vice president, consulting services, for Emergn.

In this episode, we learn how Julian used his teamwork skills to lead Sompo International’s Global Markets business. He also believes the industry could do a better job at being customer focused.