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Volker Sieg

Volker Sieg – associate partner in McKinsey’s Cologne office

Advanced Analytics, Claims Management, Insurance Management. Ex-Member of management team actuarial services EY in Germany

Latest reviews by Volker Sieg

Why is P&C Insurance Claims Landscape Becoming Increasingly Challenging for Insurers

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P&C Insurance Claims Landscape Becoming Increasingly Challenge for Insurers

The P&C insurance claims landscape is becoming increasingly challenging due to unprecedented claims inflation. There are many underlying causes—among them

Global Natural Catastrophe Event Summary

Global Natural Catastrophe & Hazard Review. Analysis & Insurance Implications

The world saw another year of impactful natural catastrophe events that once again emphasized the need to better account for the growing risks that these hazards bring

12 minute read

P&C Insurance

How Does Commercial P&C Insurance Ride on the Back of a Hard Market?

Commercial property and casualty (P&C) insurance has been riding on the back of a hard market. However, insurance premium increases have slowed

9 minute read

Private Flood Insurance Accounts for over 40% of California’s Entire Flood Market

Insurance

Private Flood Insurance in California Accounts for over 40% of Entire Flood Market

As private flood insurance accounts for over 40% of California’s entire flood market—a significantly larger share than in the other leading states—the ongoing flooding issues

4 minute read

Cyber Risks, Climate Change & ESG – Main Challenges for Insurance Industry in 2023

Climate change, ESG responsibilities and cyber risks are just some of the key concerns facing the insurance industry in 2023, according to Reynolds Porter Chamberlain

3 minute read

Volker Sieg

New Cyber Risk & Ransomware Trends. Outlook for Cyber Insurance

Big Data in Insurance. The Use of Big Data Technology in Insurance Industry

McKinsey acquires AI and machine-learning tech company Iguazio

Insurtech Candid with iptiQ entered into a distribution partnership in UK life insurance

Losses pressures U.S. P&C Insurers needing to service financial obligations

Trade credit insurers are expected to report strong results, despite the war in Ukraine

Lloyds Banking Group has invested £4 mn in insurtech Caura – UK motoring app

Nat Cat losses and volatility made property cat exposures a less favourable play for reinsurers

Insurtech Betterview has completed a new round of funding led by existing investors

Insurer Nippon Life invested an additional commitment of $1 bn in Resolution Life

Global Natural Catastrophe & Hazard Review. Analysis & Insurance Implications

How Does Commercial P&C Insurance Ride on the Back of a Hard Market?

Private Flood Insurance in California Accounts for over 40% of Entire Flood Market

Cyber Risks, Climate Change & ESG – Main Challenges for Insurance Industry in 2023