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Pool Re: UK unlikely to see another uncapped Gov guarantee

2021-02-19T00:23:00+00:00

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.

Stephen Catlin – Convex

Catlin warns industry is failing to acknowledge scale of losses in TV interview

2021-01-25T12:25:00+00:00

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”.

Cleary index

The FCA Supreme Court verdict: what does it mean for reinsurers?

2021-01-15T15:08:00+00:00

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.

Greg Case – Aon

Case on Aon-WTW: “Together we will be stronger for colleagues and clients”

2021-01-15T07:05:00+00:00

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.

Greg Case – Aon

Aon’s Case: Industry response to pandemic has “not been enough” in call for greater innovation

2021-01-14T14:58:00+00:00

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.

Peter Eastwood – BHSI

BHSI targets middle market and SME growth through programs and MGAs

2021-01-14T08:09:00+00:00

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.

Greg Hendrick – Vantage

Vantage eyes late Q1 start for insurance business following “active” 1.1 renewal

2021-01-13T07:41:00+00:00

After a “very active” 1 January reinsurance renewal, Vantage Risk is now targeting a “late first quarter, early second quarter” start date to begin writing insurance business, CEO Greg Hendrick has told The Insurer TV.

Bruce Carnegie-Brown – Lloyd's

Lloyd’s Carnegie-Brown: Product simplification and labelling critical to avoid repeat of BI disputes

2021-01-12T11:23:00+00:00

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.

Bruce Carnegie-Brown – Lloyd's

Carnegie-Brown: “Absolutely confident” Lloyd’s underwriting room will be here in 2030

2021-01-12T07:30:00+00:00

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.

Scott Purviance – Amwins

New capital will not materially impact E&S pricing in short term: AmWINS CEO

2021-01-10T08:31:00+00:00

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.

Jameson index

Efficient and innovative MGA model drives strong growth in US program sector: Jameson

2020-11-12T00:10:00+00:00

The efficiency of the MGA model, the product innovation it brings and the influx of new program carriers fuelled by reinsurer appetite are all factors in the strong rate of growth seen in the US programs sector, according to Michael Jameson, head of Guy Carpenter’s new GC Access unit.

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