The insurance industry is experiencing a significant shift with the advent of usage-based insurance (UBI). This innovative approach, also known as pay-per-use insurance, is transforming the traditional insurance model by offering personalized premiums based on actual usage.
A recent weekly catastrophe report has revealed that since June 11, Southern Florida has faced substantial financial losses due to prolonged and excessive rainfall and severe convective storms (SCS).
A recent weekly catastrophe report has revealed that since June 11, Southern Florida has faced substantial financial losses due to prolonged and excessive rainfall and severe convective storms (SCS).
A recent weekly catastrophe report has revealed that since June 11, Southern Florida has faced substantial financial losses due to prolonged and excessive rainfall and severe convective storms (SCS).
The landscape of the global specialty insurance market is on the brink of a significant transformation, thanks to the innovative application of synthetic data.
Inflation has emerged as a critical concern for various sectors, and the reinsurance market is no exception. As we move through 2024, the impacts of inflation are becoming increasingly pronounced, prompting insurers, reinsurers, and brokers to reassess their strategies.
In the fast-paced world of reinsurance, building and maintaining strong client relationships is essential for long-term success. As the industry evolves, so do the expectations of clients. In this article, we will explore the concept of customer-centric strategies and how they can be applied to enhance client relationships in the...
In the dynamic landscape of the reinsurance industry, staying abreast of emerging trends is crucial for brokers looking to maintain a competitive edge. One such trend that has garnered increasing attention in recent years is the issuance of catastrophe bonds.
In recent years, the integration of Environmental, Social, and Governance (ESG) factors into business practices has become increasingly prominent across industries worldwide.
In today's rapidly evolving world, marked by technological breakthroughs, climate uncertainties, and geopolitical shifts, the insurance industry finds itself at a crossroads.