Social Inflation: Navigating the evolving claims environment
In recent years, the number of liability claims pursued has been increasing along with the amount of compensation awarded to plaintiffs. This is most acute in the U.S. but starting to spread to other jurisdictions as well.
Digital Health: Is the euphoria justified?
The digital health market has grown sharply and significantly in the space of a few years, and its growth is projected to continue at an increasing rate going forward. Despite this, our research indicates that it still has some way to go in terms of delivering quantifiable benefits on a larger scale. We offer recommendations for insurers on how they can shape the digital health market to optimise its societal benefits alongside realising new business opportunities.
Also of interest:
In Canada insurer-government collaboration on floods is growing and raising awareness is priority
- A new Geneva Association report gives a full view of flood risk management (FRM) in Canada, providing evidence of reform, such as new insurer-government collaborations to address the challenge.
- The insurance industry is supporting communities and households to reduce their flood risks, and the federal government has taken the first step towards a National High Risk Residential Flood Insurance Program.
- The report points to th
Flood risk management in Australia improving overall but better community-level planning needed
7 December 2020 – Flooding is Australia’s costliest natural hazard-related cause of disaster when both tangible and intangible losses are taken into account.
Announcing new senior hires, Darren Pain and Jianzhong Yao
ZURICH, 3 December 2020 – The Geneva Association announces two new senior staff members, Darren Pain and Jianzhong Yao, to enhance both the scope and reach of The Geneva Association’s activities. Darren will head the organisation’s newly established Evolving Liability research programme, and Jianzhong has started as The Geneva Association’s key liaison with China.
Flood Risk Management in Australia
Part of a comprehensive review of flood risk management in five mature economies, this report reveals many successes in the Australian system, including high-quality national and state guidelines and frameworks for FRM activities, climate change adaptation efforts, a commitment to building back better and high levels of insurance penetration.
Flood Risk Management in Canada
Part of a comprehensive review of flood risk management (FRM) in five mature economies, this report looks at the system in Canada.
Women Intrapreneurs in Insurance: Stories of a shifting paradigm
This special virtual event on 19 November 2020, moderated by Jad Ariss, Managing Director of The Geneva Association, featured a conversation with three women insurance leaders on the power of intrapreneurship to promote innovation and address gender imbalance in the insurance industry.