The report, ‘Between State and Market: Protection Gap Entities and Catastrophic Risk’, was led by Professor Paula Jarzabkowski and looks at both developed and developing economies, to explain their role, their effects and their limitations in managing risk and alleviating the financial consequences of disaster. The report has been written by Professor Paula Jarzabkowski, Dr Konstantinos Chalkias, Dr Eugenia Cacciatori and Dr Rebecca Bednarek.
In this report, the authors make recommendations to maximize the benefits of insurance for climate adaptation. This report has been written by Professor Paula Jarzabkowski - Cass Business School, Dr Konstantinos Chalkias - Birkbeck, University of London, Dr Daniel Clarke - Centre for Disaster Protection, Ekhosuehi Iyahen - Insurance Development Forum, Daniel Stadtmueller - InsuResilience Global Partnership and Dr Astrid Zwick - InsuResilience Global Partnership
This Masterclass: • Analyzes the ‘big picture’ of the reinsurance industry through Porter’s Five Forces model of competition; • Examines the key players aligned with these Five Forces and their impact on competition and industry profitability; • Customizes the model to cover special features of the reinsurance industry, especially the roles of brokers and modelling companies; • Explores co-opetition, the simultaneous competition and collaboration of players, in a subscription market; • Suggests strategic responses to competitive pressures in the reinsurance industry.
This Masterclass: • Shows consolidation of key insurers is grounded in industry life cycle dynamics; • Develops a framework to explain the impact of consolidation on reinsurance buying behaviour; • Applies product life cycle analysis to explain changing trends in reinsurance buying; • Describes how competition is shifting premium towards a new class of reinsurance products.