The latest chapter of turbulence in the Middle East will undoubtedly lead to insurers and reinsurers particularly in lines such as hull, war, piracy, terrorism, cargo and construction raising premiums, renegotiating terms of cover and introducing riders and endorsements to policies to reflect the increased risks of trading in the… Read More »
Industry experts agree that the recent U.S. hurricanes are more likely to be earnings events than capital events, but have the potential to change risk perceptions and management behavior. Earnings EventWilliam Hawkins, analyst at Keefe Bruyette & Woods, said he expects that Hurricane Harvey will be enough to exhaust the… Read More »
The global insurance brokers sector has experienced impressive growth in recent years, registering a compound annual growth rate (CAGR) of 7% between 2012 and 2016 to reach a value of $42.8 billion, according to data from research company MarketLine. The company’s latest report shows that sector values have increased in… Read More »
When it comes to political risks, one stereotypically thinks of conflicts in emerging or frontier markets—wars in the Middle East; military coups, regime changes or territorial disputes in Asia and Africa; or election turmoil in Latin America. However, this perception no longer holds true, and the trend is shifting. Nowadays,… Read More »
Italy’s social security reform efforts indicate significant progress toward alleviating risks to the long-term sustainability of public finances due to population aging. Yet, we expect that the country’s budgetary outlook will remain challenged, given the modest near-term economic growth outlook and the absence of a resolute reduction in the budget… Read More »
Following the UK referendum, European insurance stocks have fallen indiscriminately – with little differentiation around asset gearing, beta, business models, earnings trajectory, solvency levels, capital structures, currency exposures, and idiosyncratic risks. The first-half results may be the time the companies can actually differentiate themselves with the winners and losers appearing.… Read More »
This year European markets bring us a lot of opportunities to monitor. Specially in Italy where the inheritance tax regime is under revision. The tax exemption should reduce and the tax rate should increase. As a consequence, Life Insurance market should benefit from major appeal. The Italian Voluntary Disclosure has… Read More »
A significant portion of the American workforce is not saving for retirement. This coverage gap has been receiving a lot of attention recently. A big majority in favor of expanding retirement coverage At the Russell institutional summit, held earlier this year in New Orleans, the company polled attendees on their… Read More »
Pension industry in danger of “permanent damage”, as risks are transferred to individuals according to a new survey by Amundi and Create Research Pension plans are concerned about the increasing personalisation of risk in the industry, and warn it could cause “permanent damage”, according to a report published today by… Read More »
More than one in three insurance professionals and fund managers (36 percent) believe asset management companies are unprepared for providing the level of detailed data their insurance clients will require under Solvency II The findings of the State Street survey of 100 insurance executives and fund managers also reveal that even… Read More »
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