Gallagher Bassett issues their annual white paper on claims insights. Carriers identified legacy claims as a challenge to profitability and efficiency, a marked increase from 62% to 76% globally. Read More... … [Read More...] about The Carrier Perspective: 2025 Claims Insights
Main Content
Regulatory
Diamond’s Negotiation Tactics Sparkle
Stuart Diamond’s Getting More: How to Negotiate to Achieve Your Goals in the Real World Negotiation Strategies: Tips for Establishing Connection and Optimizing Results Series: Part 7 Books on negotiation come and go, but occasionally one … [Read More...] about Diamond’s Negotiation Tactics Sparkle
RiverStone International Announces Loss Portfolio Transfer Deal with QBE
Hamilton, Bermuda, August 9 2024 – RiverStone International today announced an agreement with QBE to provide a Loss Portfolio Transfer reinsurance (“LPT”) for various QBE subsidiaries, including their Lloyd’s syndicates. This transaction covers a … [Read More...] about RiverStone International Announces Loss Portfolio Transfer Deal with QBE
Legal
Additions to the DRP: The Neutral Panel Process
For years, arbitrators have discussed the benefits of neutral panels. Simply put, the concept is not new. A “few” years ago [enough said about the passage of time], Caleb Fowler, Bob Hall and Larry Monin outlined these benefits and offered themselves … [Read More...] about Additions to the DRP: The Neutral Panel Process
A Brief Review of Reinsurance Trends in 2024
In 2024, the United States Supreme Court answered the question of whether a case should be stayed or dismissed if arbitration is compelled. Courts also continued to enforce arbitration rights and compel arbitration and addressed discovery of … [Read More...] about A Brief Review of Reinsurance Trends in 2024
Events
AIRROC Abroad
September was a busy month as I travel across the pond for the London Regional Education Day hosted by Kennedys and then on to Monte Carlo for the … [Read More...] about AIRROC Abroad
Transactions, Transactions, Transactions – What is New and Notable in Runoff Structures?
The closing educational session of the July 2024 AIRROC Summer Membership Meeting was led by panelists Dareen Amireh, SVP, QBE North America, Charles … [Read More...] about Transactions, Transactions, Transactions – What is New and Notable in Runoff Structures?
Emerging Claims
Insurers need to change business models to drive climate resiliency, report shows
New research published from Capgemini and Efma’s recent World Property and Casualty Insurance Report reveals that climate change is hurting the … [Read More...] about Insurers need to change business models to drive climate resiliency, report shows
Climate Change and Reinsurance
Climate change is an existential risk to human life. But, before we get to life as we know it potentially disappearing, this commentary will discuss … [Read More...] about Climate Change and Reinsurance
