AIG Re’s Schaper: Bermuda has “enhanced proposition” as builds out beyond property
In this video, part of the Bermuda Risk Summit series, The Insurer TV’s Sophie Roberts and AIG Re’s CEO Chris Schaper talk about how the reinsurance industry in Bermuda has “enhanced its business proposition” in the past few years given the market’s expansion into new lines of business and how this presents a good platform for growth moving forward.
During the interview we discuss:
- New lines of business in Bermuda as reinsurers look to diversify their portfolios beyond property
- Schaper’s 1.1 renewals experience and his expectations at the forthcoming mid-year renewals in regards to rate and the cost of capital
- How AIG Re has adapted to make the most out of new market conditions
- The company’s ambitions as a multiline specialist