Category: Op-ed

InsurTech 2017: How insurers and brokers can respond

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The last 18 months has seen a surge in both funding and column inches devoted to InsurTech. Some incumbents have embraced the disruption while other firms are struggling to figure out their first move. Chris Sandilands from Oxbow Partners...

The times, they are a changin’

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In the final part of a series of articles on the differences between models and reality, Robert Medeiros examines how changes in the US insurance market could have a big impact on claims when the next hurricane happens.  Catastrophe...

M&A – the long view

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Last week's announcement that Endurance will be buying Montpelier was the fifth significant reinsurance deal in as many months. Assured Research, an insurance focused research firm, has analysed the data from the last 15 years of...

Is bigger better?

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The sudden burst of M&A activity has dominated the discussions on earnings calls over the last few weeks. Veteran insurance investor, Nick Martin, looks at whether increased scale will be enough for reinsurers to succeed in a challenging...

Do catastrophe models understand insurance?

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Catastrophe models are complex but not nearly as complex as reality. A simplistic description of insurance policies limits the accuracy of risk analyses The risk of an insurance portfolio is calculated by taking...

What happened to all the hurricanes?

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In just two years (2004-2005) the United States experienced seven major hurricanes. In the nine years since then, not one major hurricane has made landfall in the US - the longest gap since records began. In an upcoming paper, NASA's Dr...

Stuff happens

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Robert Medeiros predicts some of the things that the models will get wrong when the next US hurricane happens Modern catastrophe models can generate probabilistic loss estimates to the nearest cent, but unquantifiable factors...

A good time to buy insurance shares?

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Insurance giant, Travelers, has issued $1.55 billion of catastrophe bonds since 2007 to help reduce its hedging costs. Veteran insurance investor, Nick Martin, finds that while reinsurance rates have fallen dramatically in recent years, the...

Letters | June 8 2014

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Dirk Lohmann, Chairman and Managing Partner of Sacquaero Advisors on last week’s article on long term cat bond prices Adam, With respect to your item on cat bond spreads and the last point in your article (quoted below) I would...