GRM Journal Archive
Browse articles from previous GRM Journal issues below or download the PDFs from the sidebar opposite
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Challenging renewals in the US
“There is no shortage of challenges in the renewal process,” says Hector Mastrapa, senior vice-president of risk management at Marriott…
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A renewed sense of purpose
For the second year running, the annual reinsurance market renewal discussions are taking place under the cloak of Covid. Not…
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Tit for tat
I’m sure you know all about the famous ‘Prisoner’s Dilemma’ game-theory thought experiment. But just in case you haven’t, here’s…
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Brazil modernises large-risks rules
It is up to insurance buyers to put pressure on underwriters and brokers so that they can almost seamlessly integrate…
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MGAs – ready for the big chill?
Managing general agents (MGAs) have become a force to be reckoned with in the specialty insurance sector, their role boosted…
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MGAs and insurtechs to the rescue
Twenty years ago or so, brokers began swallowing each other up, insurers merged and grew, and all the time buyers…
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Relevance, rigour, risk and reward
Lloyd’s is important. It is not a market you can ignore for very long. In the insurance and reinsurance universe,…
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Oil and gas: changing attitudes
The oil and gas industry faces a transitional period as many companies are investing in the diversification of their activities…
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Trade credit: A world of its own
The volume of insolvencies and consequent insurance claims has been so low in developed markets that a growing number of…
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Reduced supply, Increased demand
There is a growing focus among insurers on contingent business interruption (CBI) and supply chain risks, with the broadest cover…
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Morocco: top of the rankings
Morocco is often considered second in insurance markets across Africa, behind only South Africa. The north African country has positioned…
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MENA regional focus: Captive interest on the up
The captive concept is not new to the Middle East. Indeed, some oil and gas companies in the region have…
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MENA regional report: Tough conditions in MENA markets
According to AM Best, the MENA reinsurance market has long suffered from weak pricing, driven by ample supply, creating challenging…
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Global programmes – The view from the market
Participants include: Tony McHarg, head of multinational – international, AIG Kevin Hegel, regional head of global client services and multinational,…
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Growing role for captives
A captive is a highly flexible tool and can be easily incorporated into a global insurance programme, and indeed can…
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The nuts and bolts of global programmes
Global insurance programmes are undoubtedly affected by macro issues such as the state of the insurance market, capacity and pricing,…
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A flight to specialists?
Specialty business should be served by specialty brokers. Discuss. Ever since the mid-1990s when Pat Ryan and his counterparts at…
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Better news for marine and aviation risks
During the pandemic, premiums went down in both aviation and marine insurance as planes were grounded and the transportation of…
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The insurance factory
“One man draws out the wire, another straightens it, a third cuts it, a fourth points it, a fifth grinds…
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Singapore: playing to its strengths
Singapore’s location at the southern tip of the Malacca Strait has meant it has long been the gateway for those…