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Weekly News Roundup – 29th October

Trick or treat, I’ll keep this short and sweet, it’s almost time for Halloween, here’s a summary of the week that’s been… (sorry, couldn’t resist).

One of the biggest insurance events of the year has taken place and the conversation was dominated by the recent European flooding and the rise of secondary perils. There’s also some news on pricing increases, the MGA market and what’s in store for claims in the next 12 months.

Nat cat models and pricing the big issue at Baden-Baden (Source: Intelligent Insurer)
An interview with Johannes Martin Hartmann of VIG Re reveals his thoughts that European countries may buck the trend of a hard market for now.

Global commercial insurance pricing up in second quarter of 2021 (Source: Marsh)
It’s the 15th consecutive quarter of rate increases in the global commercial insurance market and cyber rates rise on increased losses too.

The MGA Market 2021 – Nick Wright, Pen Underwriting (Source: Right International)
This Q&A explores the greatest challenges and opportunities for the MGA world, as well as thoughts on the MGA landscape and potential changes in the next 12 months.

What does ‘good’ look like for claims in 2022? (Source: Insurance Post)
A recent panel discussion discussed how claims can still remain an attractive employment option within insurance companies.

Autumn budget 2021: insurance industry reacts (Source: Insurance Business Magazine)
The chancellor leaves IPT untouched in the recent budget but what other changes could affect the insurance world?

CFC’s Halloween Edition (Source: CFC)
CFC discusses some of the more ghoulish risks that they have had to tackle…

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