Heightened cyber threat demands risk focus

By Seth Berman, executive managing director of Stroz Friedberg
Cyber and terrorism have been rated the most significant emerging risks facing the insurance and reinsurance sector in 2015, according to a survey of US industry executives. It is a sentiment reflected by the UK government, which last month convened a group of CEOs from the country's largest insurers, to encourage collaboration and "to make the UK one of the safest places to do business in cyberspace". While the insurance sector is set to play a key role in minimising the long-term financial fallout from an attack, cyber risks cannot

Water Risk: A Rising Issue

by Bill McCarthy, Managing Director, LexisNexis Risk Solutions.
The risk to the insurance industry from flooding and other types of water-related risk is rising. Leading reinsurer Swiss Re reported that global economic losses in 2013 from natural catastrophes and man-made disasters reached $140 billion. In 2013, insured losses were at $45 billion with a significant component of this $45 billion stemming from flooding and hail related events

Countdown to SII: Reflections of 2014 and a look ahead

By Vivek Syal, Director, Insurance, PwC
I don’t know about you, but at this time of year I tend to reflect about the year that was and start thinking through the year(s) ahead.
Looking back, there has been tangible progress made in the UK and Europe in preparation of the new regulatory regime. Insurers are coming to terms with effective risk and capital management as an enabler of business strategy & sustainable growth and not a hindrance to it; organisations have embarked on a journey of integrated underwriting,

Volatility will be a primary focus for investors

Latest World News

Mon, 26 Jan 2015 EU open to Greek debt extension, not forgiveness
Mon, 26 Jan 2015 Greek leftists ally with right against bailout after huge election win
Mon, 26 Jan 2015 Eyeing May re-election, Cameron says voters 'deserve' tax cuts
Mon, 26 Jan 2015 Seven Ukrainian soldiers killed in past 24 hours - Kiev military
Mon, 26 Jan 2015 Rain on India's parade, but Obama visit keeps spirits high
Mon, 26 Jan 2015 Greek vote is a rejection of failed plans, not austerity - Osborne
Mon, 26 Jan 2015 BoE's Forbes hints rates may rise sooner than expected
Mon, 26 Jan 2015 Ex-Thai PM's party vows calm, U.S. calls for inclusive politics
Mon, 26 Jan 2015 After turmoil, Church of England consecrates first woman bishop
Mon, 26 Jan 2015 Yemen crisis is first big test for Saudi Arabia's King Salman

Lifestyle Actuary

The trappings of fast paced city lifestyles rarely take into account the charm and elegance that a room, a dinner or a cup of tea can afford; characteristics lost to a by-gone era of debutante balls and black tie for dinner.

The Luddite

Sam Richardson looks into the up and coming and the outgoing of the technology and gadgetry world in 2014.

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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