emerging markets News

Members of Aon Benfield’s Analytics Team Explain Cat Models

“Our remit at Aon Benfield Analytics is really to do the risk quantification part of reinsurance transactions,” said John Moore, the head of International Analytics operations. He’s responsible for overseeing the collection of massive amounts of data, the construction of …

Swiss Re’s Head of Casualty Jayne Plunkett Explains Why It’s a ‘Social Science’

Jayne Plunkett, possibly the second most well-known person from Iowa after Bill Bryson, heads Swiss Re’s International casualty reinsurance operations. In the interview she explains that, as you’re dealing with people, rather than nature, casualty coverage is a really a …

Lloyd’s CEO Richard Ward Reflects on ‘Nearly 8’ Eventful Years

Lloyd’s CEO Richard Ward is stepping down from the post at the end of the year. Despite the catastrophes of 2005 and 2011, the two costliest years in the industry’s history, as well as the financial crisis, he leaves Lloyd’s …

Industry Pioneer Catlin on Insurance and Environmental Concerns

Stephen J.O. Catlin has led the company/group that bears his name since 1984. He’s seen it grow into the biggest syndicate at Lloyd’s with gross premiums written of $5.5 billion. He was the first to move the company’s domicile to …

Cooper Gay Swett & Crawford’s CEO Toby Esser on its Global Business

Toby Esser is a truly global executive. As the CEO of Cooper Gay Swett & Crawford (CGSC), he coordinates the broker’s far flung operations in the UK, Europe, Asia and South America, as well as North America, which was recently …

Video Interviews – Coming to Your Screen – a Sneak Preview

Over the next several weeks we will be releasing a series of video interviews, recorded at the Reinsurance Rendez-vous in Monte Carlo. They are wide ranging, covering a number of topics. They will air the views from some of the …

Developing Countries May Not Be Ready for Coming Increased Investment: World Bank

The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank predicted in a report on …

Emerging Markets to Lead in Insurance Growth: Munich Re

Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according to the world’s biggest reinsurer, Munich Re. In a study published on Thursday, Munich Re forecast growth in property/casualty insurance …

Willis Identifies Extreme Weather, Brand Damage, Others as 2013 Risk Trends

A post on WillisWire, the blogging platform of Willis Group Holdings, identifies developing trends cited by insurance experts as key emerging risks for businesses in 2013. Willis said “the increased likelihood of extreme weather, the damage of negative publicity on …

Swiss Re Study Examines Agricultural Insurance Role in Global Food Production

A new sigma study – Partnering for food security in emerging markets – from Swiss Re concludes that “global agricultural production must increase by 60 percent to feed the world’s population, which will reach 9 billion by 2050.” The study …