Mergers in insurance: Is bigger better?

Faced with a raft of challenges such as third-party capital, soft market conditions and impending regulation around the globe, the reinsurance industry has been consolidating. Deals have been announced between some of the biggest players in the market and some of the well-known names are disappearing fast. But what are the long-term benefits of the […]

Why the case for change in insurance is more compelling now

Recently, I attended an Intelligent Insurer magazine roundtable on the weighty topic of technology revolutionising the London Market. Coming from an insurance technology background, this is a subject close to my heart and that of my company, Xchanging, a DXC Company. As one of my roundtable panel colleagues and I recalled, the London Market history books […]

Technology a key component to surviving in the modern reinsurance market

At a recent meeting of a group of insurance and reinsurance industry leaders in Bermuda, we discussed market conditions such as innovation, technology change and regulation. Technology was identified as the most powerful tool to navigate through a storm of modern business challenges. The continuing soft market, increasing competition from third-party capital such as insurance-linked securities (ILS) and […]

Cyber insurance: State of play

Cybersecurity insurance CSC Blogs

Cyber risks are real and constantly evolving with technological advances and pervasiveness. Whether as individuals, small businesses or multinational companies, we all face the threat of a cyber incident that can result in costly financial consequences. As the insurance industry deals with heavy competition for classic products and negative interest rate headwinds limiting returns from insurer’s bond portfolios, cyber risks […]