At the 2016 PCI Annual Meeting, a panel discussed the current state of the reinsurance marketplace, emerging risks in the U.S. and around the world, and how these issues could impact the marketplace. The panel included: Andrew Marcell – Global Head of Strategy – AON Benfield (moderator) James Bradshaw – CEO – Willis Re North […]

At the 2016 PCI Annual Meeting, Prem Watsa, CEO of Fairfax Financial Holdings, talked about the state of the global marketplace. The last fifteen years (2000-2015) has been the second slowest economic growth rate in the United States – going back to when this was first measured in the late 1700. During this same time, […]

At the 2016 Lockton Complex Risk Symposium, Fredi Lienhardt from Swiss Re gave an overview of current innovative trends in digital transformation. Internet of Things  The Internet of Things (IoT) is transforming life as we know it. This includes any of a wide variety of wearables and sensors on devices we use every day. Examples […]

Philly I-Day 2016 kicked off with an executive panel discussing a variety of issues facing the insurance industry. The panel was: Donald Aspinall – VP Global Risk Management, Comcast NBC/Universal Christine LaSala – Chair, Willis Towers Watson Chris Maleno – SVP Chubb Group Roger Fell – Managing Director, Marsh (moderator) Question: Our industry is consolidating. […]

Airbags, ground beef, ice cream and medical devices: all subjects of high-profile product recalls. Just the word “recall” can send a chill down the spine of even the most seasoned risk professional. Whether the product is yours or it contains a component your company produced, a recall can damage finances and brand value with years […]

At the 2016 RIMS Annual Conference, Daniel Lisenbey, President and CEO of Broadspire talked about the looming staffing shortages in the insurance industry. Understanding the issue 25% of the insurance industry will retire by the end of 2018, and over 40% will retire in the next 10 years. Nursing is used extensively in the insurance […]

At the 2016 RIMS Annual Conference, Grace Vandecruze from Grace Global Capital LLC presented a session discussing M&A trends in the insurance industry. There are several factors currently impacting M&A activity in the insurance marketplace: Prolonged low interest rate environment Competitive landscape Low equity valuations of many companies Strong cash positions, excess capital Foreign buyers […]

At the 2016 Advisen Casualty Insights Conference, a panel of top insurance company executives talked about several issues in the casualty insurance marketplace. The panel included: Joe Peiser – Executive Vice President, Head of Casualty Brokering – Willis Towers Watson (moderator) Alexander Baugh – President, Liability and Financial Lines – AIG David Bresnahan – Executive […]