PwC's Williams: Insurers Are Great Risk Learners, Poor Communicators

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Scott Williams, director, PcW Global Crisis Center, said insurers are uniquely positioned to share information and educate businesses, societies and governments on issues of risk and sustainability, but appear to lack the drive and skills to do so.

 

Solving Global Challenges Requires Risk Expertise

Insurers at ICMIF's Meeting of Reinsurance Officials conference said a wave of international efforts aimto address global risks, but it's up to the insurance community to remain key parts of those solutions.
 

Lloyd's Beale: Time for Insurers to Step Up the Research, Development

Inga Beale, CEO, Lloyd's, said the insurance industry invests less in researching risks and developing new products than industries such as manufacturing.

 

Flood Re Sees Its Coverage Rising

Aidan Kerr, operations director, Flood Re, said the reinsurer is aiming to cover 200,000 U.K. households for flood risk in the shorter term and eventually reach up to half a million by operating in the background of the homeowners' insurance market.
 

American Agricultural's Graham: Farm Sector a Hotbed of Emerging Risks

Lorie Graham, senior manager, American Agricultural Insurance Company, said farmers are rapidly adopting drones, sensor based equipment, 3D printing and new business models, creating new types of exposure to which agricultural insurers must respond.

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