COVID-19

Featured Analysis

InsurTech fights to survive COVID-19 funding hole

Up until the end of 2019, it seemed there was nothing stopping the continued upward trajectory of InsurTech funding.

And then COVID-19 struck.

The figures for Q1 2020 bring into stark focus just how damaging the coronavirus could be toward funding support for InsurTechs. According to Willis Towers Watson’s InsurTech Quarterly Briefing, funding dropped 54% compared to the record highs of Q4 2019. This corresponded to $912m raised across 96 deals between January and March....

 

Can most insurers financially withstand the pandemic?

In mid-March, as the implications of the COVID-19 pandemic became more acute, AM Best set out to determine the coronavirus’ projected impact on capital adequacy and financial strength through an initial “stress test” designed to determine their resiliency.

A new Best’s Special Report, “Stress Testing Rated Companies for COVID-19,” outlines the findings of that baseline analysis, revealing that most insurers’ capital levels did provide an adequate buffer against a potential shock to their balance sheets – given a few key assumptions....

 

Handling claims in a COVID hurricane

The upcoming 2020 Atlantic hurricane season will not be like any other before it – and perhaps after it as well. That’s because it’s arriving during a very different kind of storm, called COVID-19.

As Tom Johansmeyer, Head of PCS at Verisk, points out, even a moderately active 2020 hurricane season could be extremely problematic for the global reinsurance industry....

Pandemic in focus

The Perfect Storm

COVID-19 sparks flurry of legacy M&A interest

The anger behind fear

Critical condition

ILS tide turning ahead of mid-year renewals

When ‘face to face’ becomes a digital experience

Insurance M&A: The COVID-19 effect

Open seas, challenging times

California joins list of states beset by WC presumption executive orders

Will COVID-19 help modernise the London market?

APCIA President/CEO warns of major solvency event

The delicate re-opening

Rollercoaster ride

Reinsurers eye rate hikes at upcoming renewals

COVID-19: More civil unrest ahead in LatAm?

Construction conundrum

Pandemic impact: The Latin American perspective

Working remotely during COVID-19 and beyond

BI dangers lurk for carriers

Pandemic paralysis in the workers’ comp sector

Serious Reservations

E&S players responding in a COVID-19 world

Is a post-crisis ILS boom in the cards?

COVID-19 forces pet insurers to get flexible

COVID-19 and P&C rates: A 'hardening' question

Fixing the COVID-19 capital drain

Lessons in Lockdown

‘You mean I have to come in?’ 

Cruising on empty

Coronavirus: Finding a state-backed solution

BI relief under property policies? It could happen

Aviation insurers respond as clients face crisis

Bermuda: Life under lockdown, Part 2

Bermuda: Life under lockdown

How COVID-19 is affecting reinsurance premiums

What’s the plan for COVID-19 small business relief?

Converting into a field hospital? Better call your broker

Event cancellation: The COVID-19 factor

Reinsurers pass 1 April renewals test, but COVID-19 concerns remain

The vultures circle: Staying cyber-safe remotely

Lloyd's ready for COVID-19 challenges ahead

To exclude, or not exclude?

Brokers seek solutions in a time of crisis

COVID-19: The risk manager perspective

Insurance investments: Surviving the storm

 

Whitepapers

Guidance and data from re/insurance industry players and organisations will be shared here with our readers.

 

COVID-19 Podcast

Reactions is proud to present a new podcast in which our editorial team speaks with leading re/insurance figures about the many ways in which COVID-19 will impact the industry.

Paul Schultz, Aon Securities

In this edition, Paul Schultz, Aon Securities CEO, discusses the level of third-party capital we can expect to see at mid-year renewals following the COVID-19 outbreak....Listen here

 

David Sampson, APCIA

In this podcast David Sampson, President and CEO of the APCIA, talks with Reactions' Editor-in-Chief Shawn Moynihan about how BI exclusions are communicated....Listen here

 

Stephen Postlewhite, QBE Re

 

In this podcast Stephen Postlewhite, new managing director of QBE Re, talks with Reactions' London editor Mark Richardson about how the coronavirus has most impacted the re/insurance market....Listen here

 

Stefan Holzberger, AM Best

 

In this podcast Stefan Holzberger, chief rating officer of AM Best, talks with Reactions' associate editor Marc Jones about how the coronavirus could impact the insurance market....Listen here

 

David Flandro, Hyperion X

In our first edition, Hyperion X managing director of analytics David Flandro talks with Reactions' London editor Mark Richardson about business interruption losses as a result of the pandemic....Listen here

 

Executive Insight

Re/insurance industry executives will weigh in on the COVID-19 pandemic and the challenges/opportunities it presents for their business.

 

RMS Dave Ruedger

Reactions asked: In your view, what do you consider some of the challenges and opportunities to having your personnel producing from home in the current environment?

Dave Ruedger, Chief Information Security Officer at RMS:

RMS has a global workforce of 1,300 employees with offices in 16 countries. Both our geographical coverage and the nature of our business has led to our employees often working remotely, making it a smooth transition for RMS employees to work from home in this environment. We have a COVID-19 Global Risk Management Team with cross-functional members around the world available to support our employees. Prior to the COVID-19 outbreak, we also ran Pandemic Business Continuity stress tests at all the RMS sites.

Due to our comprehensive Business Continuity Program and our ability to rapidily transition our workforce to a remote work environment, we remain on track to deliver our model, data, and Risk Intelligence product roadmap as planned. We have also shifted the format of our annual Exceedance conference to a virtual experience so that we can provide best-in-class insights to the market in a format that makes sense for the current environment. While we would prefer to engage with our colleagues, clients, and partners face-to-face, we are making the best out of this situation and our employees continue to collaborate and remain productive with zero commute and more flexibile schedules.

Two years ago, we became a cloud-first company, making this transition while complying with all GDPR, CCPA, SOC2, C5, ISO 27001:2013, and other essential regional security and data privacy requirements. And like many technology companies, our risk modeling solutions are available for our re/insurance clients online and through the cloud. Our product offerings will continue as before to support our clients and the market during the COVID-19 pandemic.

Latest Issue

May 2020

 

In this month's Reactions

  • Special report on the impact of COVID-19
  • Insurance CIO perspectives
  • Construction market review
  • LatAm in focus

CLICK HERE TO READ THE LATEST ISSUE

 

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