Weekly News Roundup – 11th June
You’ll be interested to know that Swiss Re has called out zombies* as one of the biggest new threats to the risk landscape that has emerged from the pandemic. Guy Carpenter also has some insight on another of those threats, climate change, sharing the view that there are opportunities for (re)insurers and intermediaries despite of (or perhaps because of!) the increasing pressure from shareholders, rating agencies and government lawmakers.
*you didn’t think it meant the undead did you?! They are talking about otherwise unviable companies that have been propped up by government financial relief programs…
Swiss Re warns of credit risks from unviable ‘zombie’ companies (Source: Reinsurance News)
The insurer’s new report looks at the key threats, including zombie companies, income inequality and global warming, that will shape the insurance world post-COVID.
UK climate stress test a sign of increasing scrutiny of insurer climate risk (Source: The ESG Insurer)
In a recent interview, Jessica Turner, MD of Catastrophe Advisory at Guy Carpenter, examines the growing regulatory focus on the ESG agenda.
What matters right now to insurers and MGAs? (Source: Insurance Business Magazine)
This discussion with two industry figures explores the areas of coverages they are focusing on and steering away from, what they think the biggest market shifts are this year, and the challenges the industry is facing.
SMEs are leaving themselves exposed to cyber attacks Aviva research shows (Source: Aviva)
A staggering amount of British SMEs don’t have cyber insurance in place, despite the surge of cyber crime.
FT Partners Quarterly InsurTech Insights (Source: FT Partners)
Highlights from Q1’s insurtech activity with data on IPOs, financing and valuations.