Close quarter
Concise and thought-provoking interviews with senior market experts, each articulating their thoughts on critical technical subjects within the industry
Watch our latest Close Quarter interview
Close Quarter with Swiss Re’s Paul Murray
Welcome to the latest episode of Close Quarter from The Insurer TV, in which we speak with Paul Murray, head of life & health (L&H) products at Swiss Re.
A selection of Close Quarter interviews and in‑depth coverage, organised by guest:
Catherine Mulligan & James Trainor, Aon
John Huff, ABIR
Tamara Soyka, Swiss Re
Frank Reichelt, Swiss Re
Jessica Turner, Guy Carpenter
Suki Basi, Russell Group
Nikhil da Victoria Lobo, Swiss Re
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Pool Re: UK unlikely to see another uncapped Gov guarantee
An uncapped guarantee in a state-backed public-private partnership – similar to that currently possessed by Pool Re – is unlikely to be replicated in the UK in the future, Julian Enoizi has told The Insurer.
Enoizi: Pool Re must retain “independence of thought” as a government body
Pool Re CEO Julian Enoizi said it was critical the UK terrorism backstop retained the ability to “act innovatively and creatively” as it transitioned into a government body, but admitted he had not expected and did not welcome the decision to reclassify the reinsurer.
Mosaic not a Covid reaction but pandemic will provide tailwinds: Blaser
Newly launched specialty start-up Mosaic “wasn’t a Covid marketplace reaction on any level”, the insurer’s CEO Mitch Blaser has insisted, but the pandemic has provided a tailwind “we didn’t really plan on or expect”, he told The Insurer TV.
“Heightened volatility and prolonged uncertainty” to drive reinsurance demand in 2021 – Guy Carpenter’s David Priebe
Covid-19, climate change, cyber security and demographic changes are all contributing to heightened volatility across the risk landscape, which is driving prolonged periods of uncertainty and demand for reinsurance.
Catlin warns industry is failing to acknowledge scale of losses in TV interview
Stephen Catlin has played down the impact of new capital on reinsurance renewal rate momentum, warning that the market is still only “at the beginning of a state of change”.
The FCA Supreme Court verdict: what does it mean for reinsurers?
The Covid-19 BI disputes pendulum will now swing from insurers to the reinsurance market, following today’s FCA Supreme Court judgement which largely sided with policyholder arguments at the expense of the industry.
Case on Aon-WTW: “Together we will be stronger for colleagues and clients”
Aon CEO Greg Case reiterated his confidence that the broker’s merger with Willis Towers Watson will complete during the first half of 2021 and said the combined entity will be better placed to meet the unprecedented demand from clients for new solutions.
Aon’s Case: Industry response to pandemic has “not been enough” in call for greater innovation
Covid-19 has transformed the corporate agenda by raising board awareness of long-tail and systemic risks but the onus is now on the insurance industry to collectively rise to the challenge of meeting its client needs, according to Aon CEO Greg Case.
BHSI targets middle market and SME growth through programs and MGAs
Berkshire Hathaway Specialty Insurance (BHSI) has set its sights on the middle market and SME segments with the carrier seeing plenty of opportunities to form partnerships with programs and MGAs, president and CEO Peter Eastwood has told The Insurer TV.
Vantage eyes late Q1 start for insurance business following “active” 1.1 renewal
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Lloyd’s Carnegie-Brown: Product simplification and labelling critical to avoid repeat of BI disputes
Lloyd’s chairman Bruce Carnegie-Brown has called for product simplification and some standardisation of wordings as the industry seeks to avoid a repeat of the business interruption disputes that overshadowed its response to the Covid-19 pandemic.
Carnegie-Brown: “Absolutely confident” Lloyd’s underwriting room will be here in 2030
Bruce Carnegie-Brown said he is confident the Lloyd’s underwriting room will still be here in 10 years’ time, but has acknowledged the need to rethink the purpose of the room to better meet the needs of market participants.
New capital will not materially impact E&S pricing in short term: AmWINS CEO
Capital raised by start-ups and incumbents is unlikely to change hard E&S market dynamics in the short-term, according to Scott Purviance, CEO of wholesale giant AmWINS.
Reinsurance at inflection point that will drive further hardening: Swiss Re’s Isherwood
Swiss Re’s Jonathan Isherwood believes that Covid-19, the impact of normal peril losses including most recently Hurricane Laura and the yield environment provide an inflection point for the market that will drive further hardening.
