Emerging Risks

Munich Re Adapts Reinsurance Strategies Amidst Evolving Risks
Risk Management Munich Re Adapts Reinsurance Strategies Amidst Evolving Risks

The reinsurance landscape is undergoing significant transformations, driven by factors such as escalating natural catastrophes, economic volatility, and emerging risks. Munich Re stands out amid these shifts, consistently recalibrating its strategies to maintain balanced risk-sharing and uphold a

October 24, 2024
How Are Digital Shifts and Regs Reshaping Financial Risks?
Risk Management How Are Digital Shifts and Regs Reshaping Financial Risks?

In the rapidly evolving landscape of financial services, traditional risks are giving way to new, more complex challenges fueled by digital transformation, regulatory changes, climate factors, and geopolitical tensions. For financial institutions in Europe, this dynamic environment demands a keen

October 17, 2024
Duck Creek Enhances Risk Management with RCT Acquisition
Risk Management Duck Creek Enhances Risk Management with RCT Acquisition

Duck Creek Technologies, a leading software solutions provider for the property & casualty insurance sector, has taken a significant step forward by acquiring Toronto-based Risk Control Technologies (RCT). This strategic acquisition will fully integrate RCT’s flagship platform, RiskHub, into D

October 11, 2024
Is Competitive Pricing Reshaping the Power Insurance Market?
Risk Management Is Competitive Pricing Reshaping the Power Insurance Market?

In recent developments within the power sector, the property and business interruption insurance market has undergone a significant shift. The market had previously endured a prolonged period of hard conditions, characterized by high premiums and limited capacity, largely due to substantial losses

October 8, 2024
Navigating the US Flood Insurance Crisis Amid Rising Climate Threats
Risk Management Navigating the US Flood Insurance Crisis Amid Rising Climate Threats

The United States faces a growing challenge in securing affordable flood insurance as severe weather events become more frequent due to climate change. Flooding no longer threatens only coastal areas but increasingly impacts urban and inland regions. The result is a widening insurance protection

October 7, 2024
How Is Insurtech Driving London's Insurance Job Market Boom?
Insurance How Is Insurtech Driving London's Insurance Job Market Boom?

London's insurance sector is undergoing a significant transformation, spearheaded by the rapid rise of Insurtech. This shift is dramatically affecting hiring patterns and job market dynamics within the industry. Recent reports from Lloyd's of London indicate the most favorable

October 2, 2024
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