In the eye of the storm: How insurers can manage SCS risk
Carriers should continually adjust their strategies across underwriting, pricing, and claims to stay ahead
Carriers should continually adjust their strategies across underwriting, pricing, and claims to stay ahead
Centering the broker, not cutting them out Rather than cutting brokers out of the process, as some startups do, it’s important to center them. Brokers aren’t obstacles to be bypassed – they’re the primary users. Automation, then, isn’t about replacing people but handling the repetitive tasks that slow them down. Source link
The report notes that tariffs, particularly those affecting the cross-border movement of construction materials, are expected to add further pressure to cost structures. Outside the United States, regional economic conditions are playing a key role. In Asia, growth is supported by both public and private investment, especially in energy and infrastructure. Source link
Risks in emerging markets In the Democratic Republic of the Congo (DRC), ongoing insurgent violence continues to impact the country’s political, security, and economic outlook. The M23 insurgent group launched a major offensive in early 2025, capturing the provincial capitals of North Kivu and South Kivu, along with their airports. Source link
The downstream energy sector saw limited major losses in 2024, encouraging insurers to reduce rates. However, potential losses in the first quarter of 2025 have already reached $1.5 billion, exceeding the prior year’s total, introducing potential volatility. Source link