Business Interruption: Insights into Turnover Trends and Savings
By Jolene Visser CA (SA), Managing Director, Forensure. How Standard Turnover and Savings Shape Business Interruption Outcomes Business Interruption (BI) insurance is one of the most technical and misunderstood areas of insurance. At its core lies a structured financial model, often referred to as the BI formula, which aims to quantify loss in a consistent […]
Reinsurance for Direct Insurers: When Fac Fits the Frame
By Gareth Baines, PARTNER RISK Facultative reinsurance (Fac) divides opinion in our industry, and it always has. Some underwriters treat it as an essential tool for managing exposure. Others see it as a last resort for reinsurance support, as most if not all accepted risks should be written to net and treaty (N&T) reinsurance. I’ve […]