James Finucane – Senior Economist Swiss Re Institute

James Finucane, Senior Economist Reinsurance company Swiss Re

Experience:
  • from 2021 Senior Economist, Swiss Re
  • 2018 – 2021 Director of Business Development, The Wharton School
  • 2014 – 2018 Senior Consultant, EY Stockholm, Sweden / Advisory Services
  • 2012 – 2014 Actuarial Analyst, Travelers
Education:
  • 2015 – 2017 Stockholm School of Economics, Master’s Degree / Economics
  • 2016 – 2016 Universität zu KölnUniversität zu Köln
  • 2008 – 2012 The Wharton School. B.S. / Economics, Finance, Actuarial Science
Licenses & certifications
  • ACAS, Associate of the Casualty Actuarial Society
Latest reviews by James Finucane
Digitalization in Insurance: New Risks & Solutions" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Digitalization in Insurance: New Risks & Solutions in 2024">
Digitalization in Insurance: New Risks & Solutions in 2024
In the era of digital transformation, the insurance sector has observed a paradigm shift in the creation of value. Digital data, now form a significant part of the economic value
US Liability Insurance Claims and Economic Inflation Impact" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Impact of Economic Inflation for US Liability Insurance Claims">
Impact of Economic Inflation for US Liability Insurance Claims
US liability claims costs have risen by an annual average of 16% over the last five years, well above average rates of economic inflation at around 4%
Global Non-Life Insurance Industry Adjustes Rapidly to Higher Interest Rate" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Global Non-Life Insurance Industry Adjustes Rapidly to Higher Interest Rate">
Global Non-Life Insurance Industry Adjustes Rapidly to Higher Interest Rate
The global non-life insurance industry is adjusting rapidly to the new higher interest rate era ushered in by the most intense monetary policy tightening since the 1980s
Global Economic and Insurance Market Outlook 2023-2024" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Global Economic and Insurance Market Outlook 2023-2024">
Global Economic and Insurance Market Outlook 2023-2024
Analytics expect global GDP to grow by just 1.7% in real terms in 2023 as inflationary recessions approach major economies
US Property & Casualty Insurance Outlook" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="US Property & Casualty Insurance: P&C Insurance Pricing Trends">
US Property & Casualty Insurance: P&C Insurance Pricing Trends
The intensity and spread of inflation is sending insurance claims costs soaring. Strong rate hardening in commercial insurance lines and personal lines rates support topline growth
Re/Insurance Underwriting Results. Drivers of Natural Catastrophe Loss Growth" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Re/Insurance Underwriting Results. Drivers of Natural Catastrophe Loss Growth">
Re/Insurance Underwriting Results. Drivers of Natural Catastrophe Loss Growth
Property reinsurance rates rose significantly at the January 2023 renewals. The losses from Hurricane Ian last year were a contributory factor
Natural Catastrophes Drivers. 6 Main Lessons Learned for Insurance Industry" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Natural Catastrophes Drivers. 6 Main Lessons for Insurance Industry">
Natural Catastrophes Drivers. 6 Main Lessons for Insurance Industry
The natural disasters demonstrate that economic factors, in the last two years augmented by inflation, are the main driver of elevated insured losses from natural catastrophes
Global Insured Losses from Natural Catastrophes" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Global Insured Losses from Natural Catastrophes: Perspective & Trends">
Global Insured Losses from Natural Catastrophes: Perspective & Trends
Natural disasters resulted in global economic losses of USD 275 billion in 2022, of which USD 125 billion were covered by insurance, the fourth highest one-year total
Global Insured & Economic Losses from Natural Catastrophes Outlook" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Global Insured & Economic Losses from Natural Catastrophes Outlook">
Global Insured & Economic Losses from Natural Catastrophes Outlook
Natural disasters resulted in global economic losses of USD 275 billion, of which USD 125 billion were covered by insurance
2023 US P&C Insurance Outlook: Inflation, Catastrophes & Volatile Markets" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="2023 US P&C Insurance Outlook: Inflation, Catastrophes & Volatile Markets">
2023 US P&C Insurance Outlook: Inflation, Catastrophes & Volatile Markets
2023 will be a difficult year for the US P&C industry: claims severities surged with inflation, natural catastrophe losses were elevated for a sixth straight year
Insurance & Macroeconomic Outlook in Financial System Stresses" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Insurance and Macroeconomic Outlook in Financial System Stresses">
Insurance and Macroeconomic Outlook in Financial System Stresses
The global insurance industry faces multiple pressures this year but we expect rate hardening to regain momentum in response
Global Insurance Premium Volumes" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Global Insurance Premium Volumes to Reach New High">
Global Insurance Premium Volumes to Reach New High
For insurers, the main inflation impact will show in rising claims costs, more in non-life than life insurance in which policy benefits are defined at inception
Main Types of Cyber Loss Estimates and Cyber Insurability" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Main Types of Cyber Loss Estimates and Cyber Insurability">
Main Types of Cyber Loss Estimates and Cyber Insurability
In response to uncertainty around cyber risk, insurance providers have become more selective in their underwriting through better risk selection, lower limits, cyber insurance
Risk Management With Cyber Insurance" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Risk Management With Cyber Insurance">
Risk Management With Cyber Insurance
Risk management is the process of identifying, assessing and responding to/mitigating risk events. Organisations must understand the probability and potential severity of loss events
Cyber Insurance and Cyber Risk Landscape" class="attachment-csco-thumbnail size-csco-thumbnail wp-post-image" alt="Ransomware Insurance and Cyber Risk Landscape">
Ransomware Insurance and Cyber Risk Landscape
The resulting losses from a systemic cyber event could be very large, impacting companies, the broader economy and society at large