Articles by Charles E. Boyle

Technology, Supply Chain & Regulation Top ACE Europe’s List of EMEA Risks

A list, compiled by the ACE European Group, sets out the “new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list …

’Seismicity': Re/insurers Ponder the Impact of Human-Caused Earthquakes

Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,” which is being …

Reinsurance Industry Faces Uncertain Future as Time Moves On

It’s around two months until the annual Reinsurance Rendezvous in Monte Carlo, where the reinsurers, brokers, carriers, lawyers, accountants and cat modelers discuss the state of their industry. That industry, until recently a rock solid bastion of the “we do it …

Models for Explosions from Terrorist Attacks Could Reduce the Carnage

While catastrophic event models mainly focus on weather related events, the world also has to cope with catastrophic terrorist acts, particularly those caused by explosive devices placed in areas where they will cause the most damage and kill the most …

‘Seismicity’ – Re/Insurers Ponder the Impact of Human-Caused Earthquakes

Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,” which is being …

ThoughtWorks Provides New Thinking for Insurers’ Software Needs

Wardour Street in Central London’s SoHo district has long been known for film and TV productions, but it’s now home to hi-tech enterprises as well. Jaydeep (Jay) Korde, client principal at ThoughtWorks, one of the most innovative creators of what …

Cat Modeling in a New, More Open Phase: Aon Benfield/Impact Forecasting

Over 30 years ago, Karen Clark produced the first catastrophe model – for hurricanes. Since then the use of these valuable tools has changed the face of the re/insurance industry. They are indispensable for the developed world in studying and …

‘Outside Forces’ are Changing the Industry: Markel’s Kumana Has Solutions

Darius Kumana leads a new team with a new mission that aims to bring the re/insurance industry into the 21st century. He recently joined Markel International in London as head of IT and Digital Strategy – specialties that until recently …

Solvency II’s Impact and Its Future Analyzed at EIF Conference

Solvency II – all 2000 plus pages of it – has been completed and is slated to go into force as of the first of January 2016. As befits a major reorganization of a major EU industry, it took a …

DIMA CEO on Ireland’s Recovery and Facing Neglected Challenges

Sarah Goddard, the CEO of the Dublin Insurance Marketing Association (DIMA), organizers of the European Insurance Forum, took time to discuss some of the issues the re/insurance industry faces, now that it has more or less coped with the Solvency …