uncertainty

CrowdStrike highlighted cyber cat bond uncertainty, AM Best says. What about the tail? – Go Health Pro

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CrowdStrike highlighted cyber cat bond uncertainty, AM Best says. What about the tail? – Go Health Pro

The global IT outage caused by a defective software update from CrowdStrike has highlighted the “persistent uncertainty” in the cyber catastrophe bond and insurance-linked securities (ILS) asset class, rating agency AM Best said, also highlighting that there is uncertainty surrounding the tail and potential for loss development, which it seems is misunderstood.On CrowdSrike, AM Best … Read more

The Court of Justice decidedly jumps on the procurement protectionism bandwagon, creating legal uncertainty along the way (C‑652/22) — How to Crack a Nut – Go Health Pro

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The Court of Justice decidedly jumps on the procurement protectionism bandwagon, creating legal uncertainty along the way (C‑652/22) — How to Crack a Nut – Go Health Pro

By falling just short of mandating a complete ban on access to EU procurement by third-country economic operators not covered by international agreements, in Kolin Inşaat Turizm Sanayi ve Ticaret (C-652/22) (‘Kolin’), the Court of Justice has suddenly crystallised a change in EU procurement-related trade policy. Kolin will have many, and potentially quite problematic, practical … Read more

Some hurricane Milton cat bond losses likely, but uncertainty over aggregate structures: Icosa – Go Health Pro

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Some hurricane Milton cat bond losses likely, but uncertainty over aggregate structures: Icosa – Go Health Pro

Catastrophe bond fund manager Icosa Investments has highlighted current uncertainty over the level of losses the market may face from hurricane Milton, but notes that while some principal losses seem likely there remains a high level of uncertainty over certain structures, especially aggregate cat bonds that have much of their risk periods left to run.The … Read more

Local weather change uncertainty & notion a problem for ILS: Minter, Swiss Re ACP – Go Well being Professional

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Local weather change uncertainty & notion a problem for ILS: Minter, Swiss Re ACP – Go Well being Professional

Because the reinsurance and insurance-linked securities (ILS) market begins to look in the direction of year-end issuance, renewals and into 2025, Chris Minter, the brand new Head of Swiss Re’s Different Capital Companions (ACP) division, informed Artemis that one of many greatest challenges for ILS is the uncertainty and notion of the affect local weather … Read more

Navigate AI market uncertainty by bringing AI to your information – Go Well being Professional

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Navigate AI market uncertainty by bringing AI to your information – Go Well being Professional

With summer time winding down, it’s time for a generative AI standing examine. GenAI curiosity stays sturdy, as 81% of 4,470 international enterprise leaders polled by ServiceNow have pledged to extend spending on AI over the subsequent 12 months. What are they specializing in? CEOs instructed Deloitte their organizations are utilizing GenAI to extend efficiencies (57%), uncover new insights … Read more

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