Insurance: Who dares.
Who dares who wins has been the motto of nine elite armed forces around the world. BRAVE Partners believes that a financial risks specialty insurer with a similar view is set to win in the current market.
Insurance: Running-off to stand still.
Solvency II will change the run-off landscape. Those run-off specialists who adapt wisely will be able to propel themselves out of the brutally competitive landscape that they currently find themselves in.
Alternative energy: Feed me.
Subsidies for alternative energy are an emotive issue. BRAVE Partners looks at one of the more controversial – feed in tariffs.
Insurance: Weather risk.
Weather derivatives have been around for a long time. It seems, to BRAVE Partners, that the time has come for this market to emerge.
Insurance: My name is Bond.
BRAVE Partners thought that the $3bn cost estimates for the Deepwater event were low. now BP was established an uncapped $20bn the firm seems justified. The losses, however, do not stop here, it extends to Chevron and others. BRAVE Parnters looks to a cat bond solution.
Solvency II: Pop QIS.
QIS5 looms. Clarity is growing on how Solvency II will impact individual businesses and business lines. A diversification benefit is back on the table. This will have a negative impact on small, niche businesses unless it is handled with care.
Insurance consolidation: Hard sell.
AIA is proving to be a hard sell all round:
- For the Pru board to their shareholders
- For AIG to anyone
- For the Fed and AIG to the American taxpayer
BRAVE Partners concludes that AIA is worth $35bn because it has to be and for no other reason.