Description: This research project seeks to develop a broader understanding of the relationship between ownership of insurance and retirement products and the income and wealth gap between races and ethnicities in the United States.

Description: The cyber insurance market looks like it’s growing—rapidly, in fact. However, there’s more to the cyber insurance market than the outward appearance of strong growth. Worldwide aggregate premium’s upward trend may even be cause for alarm. The increase in premium against a flat rate of insured exposure is a key sign that the market could turn from growth to constriction if a solution isn’t found in the near future. If the cyber insurance sector hopes to reach such lofty goals as exceeding $30 billion in global premium by 2028, it’s going to need more capital. Whether directly into the insurance sector or via support from reinsurance and retrocession, fresh capital should help insurers achieve greater market penetration, build a broader foundation for ongoing expansion, and chart a course for long-term sustainable profitable growth. The same sources capital insurers have used since the early days of the market won’t be enough, though. Thankfully, the insurance linked securities (ILS) market seems poised to help, particularly with several promising recent transactions. New sources of capital could bolster the foundation for future cyber re/insurance growth.

Description: Read how the world’s largest provider of specialty insurance for classic vehicles uses its media department’s YouTube videos to its full advantage.

Description: Sidecars have become prominent in the US Life & Annuity industry as an alternative reinsurance structure by which Life & Annuity insurers can access third-party capital, and new capital providers can support insurers in de-risking their balance sheets. This session will provide an overview of life & annuity sidecars and the panel will include both actuaries as well as a lawyer to provide a holistic set of considerations for insurers and investors.

Description: This article highlights some of the key elements included in the United States Government Accountability Office (GAO) report to Congress in July 2023 regarding the National Flood Insurance Program (NFIP).

Description: This article provides an overview of the GI Course within the SOA’s Climate Risk Certificate Program

Description: This article takes a look at the issues regarding the increasing population of older drivers on the road - specifically with regards to the effect on road safety and automobile insurance.

Description: Dive into the challenges of practitioners working across components that make up the Risk Management infrastructure with a variety of health, life and P&C insurers in this panel discussion webcast. Panelists will highlight how these insurers operate with the data and tools available to them and the existing challenges in interactions with an organization's leadership. Be part of this webcast that delves into the interplay between first- and second-line defense and how high levels of independence and professionalism can be achieved in a fast-moving, multi-discipline cross functional ERM role.

Description: The Casualty Actuarial Society (CAS), the Society of Actuaries (SOA) and the Society of Insurance Research (SIR) started developing research addressing diversity, equity and inclusion (DEI) topics. Join panelists as they briefly present an overview of their organization's DEI research and share their perspectives on common challenges facing all the stages of this research: - Planning relevant and timely research with a long timeline. - Getting appropriate data and resources to support your research. - Communicating research on topics that may be controversial.

Description: An introductory article for the December 2023 issue of the General Insurance Insights e-newsletter.