See how life insurers can take a concrete approach to climate risk management through these case studies.
Having overstrained workers raises insurance risks, from workplace injuries to professional and product liabilities, and more.
Oliver Wyman’s latest in the Reset4Value series helps leaders power their business for sustainable growth. Here, we share how leaders can leverage their firm’s culture strengths, enhance the capabilities that matter most, and unlock scarce investment dollars to fund them appropriately.
Swiss Re Institute: US litigation funding and social inflation - the rising costs of legal liability
The US is the centre of the world’s third-party litigation finance (TPLF) industry, in which investors such as hedge funds and family offices finance legal action against companies. Of the USD 17 billion investment into litigation funding globally in 2020, more than half was deployed in the US. Litigation funding companies (LFCs) invest in consumer and commercial litigation by funding legal action in return for a percentage of a successful claim sum.
IIS Executive Insights Life & Health Expert: Ronald Klein, Executive Director, BILTIR
Exploring why global aging and the associated protection gaps are not being appropriately addressed in society.
The World Economic Forum
IIS Executive Insights Cyber Expert: David Piesse, CEO, DP88
Abstract
IIS Executive Insights Regulation Expert: William Marcoux, WCM Advisory LLC
Insurance laws and regulations govern the activities of those who distribute, underwrite and in some instances service insurance products. A key provision of these laws is the definition of what is insurance or what constitutes doing the business of insurance. In the US, a typical definition of insurance is found in section 1101 of the New York Insurance Law. It reads:
Ralph Mucerino, Principal, RPM Strategy and Management Consulting LLC