InsuranceERM’s Post

There are clearly new trends in the insurance industry that come with new challenges in 2024 and beyond. It is critical that insurers are positioning themselves to protect their market share and take advantage of new opportunities to grow their businesses. Access our insights in our latest annual outlook report 👇🏽 https://deloi.tt/4cuxEHI 💡 Stay ahead of the curve and capitalize on emerging opportunities. Download the report now! #Insurance #EastAfrica #IndustryInsights #Strategy #Opportunities

The post-pandemic insurance market has become more complicated, making growth harder for insurers in Asia and elsewhere, industry experts said at #EAIC2024. A panel at the congress discussed the importance for insurers to adopt new technology and foster supportive cultures to manage volatility. https://lnkd.in/gPrtcbb7 Deloitte's Neal Baumann said that, despite the challenges the market faces, there is the potential for a "new golden age" of insurance if the industry can embrace change. Kai-Uwe Schanz of The Geneva Association emphasised the risks of geoeconomic fragmentation and geopolitical threats, while also urging investment in technology. While Peak Re's Clarence Wong noted emerging Asia's economic resilience but pointed out the significant insurance protection gaps in the region that need addressing. More here as part of (Re)in Asia's free coverage of EAIC2024: https://lnkd.in/gPrtcbb7 #Insurance The Hong Kong Federation of Insurers

Insurers’ clients are facing a “polycrisis” – a cluster of related global risks with compounding effects, such that the overall impact exceeds the sum of each part. It is a term first coined by the World Economic Forum last year. But it is an accurate description of the challenges clients face, says Adrian Hall, head of UK, Ireland, South Africa and EMEA Wholesale, at Swiss Re Corporate Solutions speaking at Airmic (Association for Insurance & Risk)'s annual conference. Read more here: https://ow.ly/WgU150S9OoM #Captives #captiveinsurance

Launching 2 May: The annual Landscape of Microinsurance study provides a unique benchmark, tracking uptake of inclusive insurance products and services, along with insights into emerging trends.  Based on extensive primary research, the report and data provide information that simply cannot be found anywhere else.  The 2023 study is the most comprehensive to date with 294 insurance providers reporting on 1,040 insurance products in 36 countries across Africa, Asia, Latin America and the Caribbean (2022: 253 insurance providers reported on 935 products in 34 countries).  Register now: The Landscape of Microinsurance 2023 Study is going live on May 2m 2024 10:00 - 12:00 CEST in Geneva, Switzerland. In person attendance is by invitation only, while virtual attendance is open for all. Register for online participation:  https://lnkd.in/dr5yDjnV UNDP AM Best Ministry of Foreign and European Affairs, Luxembourg Ministry of Finance, Luxembourg AXA Emerging Customers Barents Re Munich Re Foundation Swiss Re Insurance Federation of Egypt Aon Insurance & Reinsurance Brokers Philippines, Inc. #LandscapeOfMicroinsurance #Microinsurance #InclusiveInsurance

𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗪𝗮𝗿𝗿𝗮𝗻𝘁𝗶𝗲𝘀 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟬. 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 *𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/gtiVzCyu Representations and Warranties Insurance (RWI) is an insurance product commonly used in mergers and acquisitions (M&A) transactions to protect buyers and/or sellers from financial losses resulting from breaches of the seller’s representations and warranties in the sale agreement. This report offers a comprehensive analysis of the global RWI market, incorporating both quantitative and qualitative data by company, region, country, type, and application. It examines the competitive landscape, supply and demand trends, and key factors driving the market’s evolution. Additionally, the report includes company profiles, product examples of leading competitors, and market share estimates for major players in 2024. *𝗕𝘆 𝗧𝘆𝗽𝗲: Buy-Side Representations and Warranties Insurance, Sell-Side Representations and Warranties Insurance, Hybrid Representations and Warranties Insurance *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: M&A Transactions, Border M&A, Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: AXA, Marsh, Chubb, AIG, Great American Insurance Group, Alliant Insurance Services, Lockton, Woodruff Sawyer, FTI Consulting, Ryan Specialty, Founder Shield #RepresentationsAndWarranties #RWI #MergersAndAcquisitions #MAInsurance #RiskMitigation #TransactionalInsurance #CorporateTransactions #MergersAndAcquisitionsInsurance #LegalRiskManagement #BuyerProtection #SellerProtection #InsuranceForMergers #MergersAndAcquisitionsRisk #BusinessTransactionInsurance #RWIInsurance #CorporateRiskInsurance #DueDiligenceProtection #InsuranceSolutions #FinancialRiskManagement #RiskTransfer

DON'T MISS THIS 👀 Commercial Risk’s brand new ESG Insight & Intelligence 2024 Conference! We invite you to join us in London on Wednesday 26 June 2024. ⭐️BOOK YOUR PLACE HERE https://ow.ly/8Rc950ShfmT Bringing together senior risk leaders and their colleagues from sustainability, compliance, finance and governance departments from Europe, as well as insurers, brokers and other service industry firms. This first-of-its-kind full day of debate and analysis will examine the European regulatory demands associated with ESG, and look at the impact on the corporate risk profile, the litigation risk, how these risks can be managed more effectively, and drill down on the increasing demands and disclosures placed upon insurance buyers by insurance carriers. Above all it will look at how risk professionals can use the focus on ESG to take a key coordinating role and use the opportunity to raise their profile within their organisations. As well as risk and insurance managers, this conference will also be of value for people with roles in compliance, sustainability, finance, strategic planning, ESG and governance & reporting. #ESG24 #ComRiskEvents24 Zurich Insurance Allianz Clyde & Co Howden Insurance Brokers Limited Marsh Swiss Re Corporate Solutions CRIF Airmic (Association for Insurance & Risk) IRM

🔎 The trends and opportunities shaping the UK insurance market! Our Q1 2024 Global Insurance Market Insights Report is here 📈🇬🇧 We are witnessing a phase of moderation and improvement across most major classes in the UK. Here are the key highlights for UK business leaders: ♻️ Emphasis on sustainable growth and competitive practices 🚀 Adoption of innovative risk solutions like Parametric Insurance and Captives 🌍 Analysis of the UK market's response to global challenges like social inflation and geopolitical shifts 📊 Strategic focus on data-driven differentiation to navigate complex market dynamics Read the full report here: https://lnkd.in/efBAydhT #AonUK #UKInsurance #RiskManagement #MarketInsights #BusinessStrategy #BetterDecisions

Good Aon report, "Now, with the explosive growth of data, and the availability of innovative analytic solutions, alternative risk solutions have become an integral component of effective risk transfer and financing strategies. Indeed, corporate risk strategies now commonly include traditional insurance, reinsurance, and alternative solutions, informed and enabled by myriad data-driven insights."

🔎 The trends and opportunities shaping the UK insurance market! Our Q1 2024 Global Insurance Market Insights Report is here 📈🇬🇧 We are witnessing a phase of moderation and improvement across most major classes in the UK. Here are the key highlights for UK business leaders: ♻️ Emphasis on sustainable growth and competitive practices 🚀 Adoption of innovative risk solutions like Parametric Insurance and Captives 🌍 Analysis of the UK market's response to global challenges like social inflation and geopolitical shifts 📊 Strategic focus on data-driven differentiation to navigate complex market dynamics Read the full report here: https://lnkd.in/efBAydhT #AonUK #UKInsurance #RiskManagement #MarketInsights #BusinessStrategy #BetterDecisions

🔎 The trends and opportunities shaping the UK insurance market! Our Q1 2024 Global Insurance Market Insights Report is here 📈🇬🇧 We are witnessing a phase of moderation and improvement across most major classes in the UK. Here are the key highlights for UK business leaders: ♻️ Emphasis on sustainable growth and competitive practices 🚀 Adoption of innovative risk solutions like Parametric Insurance and Captives 🌍 Analysis of the UK market's response to global challenges like social inflation and geopolitical shifts 📊 Strategic focus on data-driven differentiation to navigate complex market dynamics Read the full report here: https://lnkd.in/efBAydhT #AonUK #UKInsurance #RiskManagement #MarketInsights #BusinessStrategy #BetterDecisions