The (re)insurance industry is not taking full account of the Atlantic Multidecadal Oscillation (AMO) in its underwriting of hurricane risk, despite no sign of a change from the warm phase of the cycle that tends to drive increased activity, according to Swiss Re’s Mohit Pande.
While the ongoing impact of Covid-19 dominated much of the conversation during virtual Baden-Baden discussions this month, issues around large man-made losses, climate change and the low-yield environment contributed to “complex conversations” around renewals.
Social inflation in the time of Covid – Mia Finsness, managing executive, global casualty underwriting and claims at Markel, asks whether the pandemic is distracting casualty insurers from the bigger threat
Discussions around infectious disease exclusions, low interest rates and aggregate losses will dominate conversations ahead of the upcoming 1 January renewal, according to Nikhil da Victoria Lobo, head of Western and Southern Europe at Swiss Re.
At this time we have seen no evidence that insurers or reinsurers have added Covid-19 exclusions to Cyber policies, although they are asking clients more questions about business resilience and continuity planning relating to the pandemic amid an “enormous” rise in ransomware attacks, Guy Carpenter’s Siobhan O’Brien has told The ...
Social inflation, elevated cat activity and low interest rates are the main drivers of rate firming pressures in the reinsurance market, despite the impact of Covid-19, according to Swiss Re’s president of US P&C Keith Wolfe.
CCR Re’s chief business development officer Patrick Delalleau reflects on what the industry has learnt in 2020 and why these lessons are shaping the conversations during this year’s virtual Baden-Baden event.
Chris Hardcastle, managing director of Alesco Delegated Authority, gives his views on the current state of the DA market and where future opportunities lie.
Large industry losses, Covid-19 exclusions, prior year deterioration and some capacity withdrawals are all contributing to rate strengthening across most specialty lines as request for renewals come in early, according to Anne Lohbeck, head global specialty, property & specialty underwriting at Swiss Re.
The industry should be wary of the increasing “frequency and severity” in secondary perils as the risks associated with climate change become more prevalent and cost (re)insurers more each year, warns Urs Baertschi, CEO of Reinsurance EMEA at Swiss Re.
Guy Carpenter’s North America CEO, John Trace, regards the impact of black swan events, the necessity of product innovation, the ramifications of Covid-19 and the opportunites available for the industry to seize…
Simon Hedley, president of Beach and CEO of Beach North America, an Acrisure Company, on how a blend of strong analytical and broking skills will help clients “find a way” during challenging times
Changing dynamics in the casualty markets are causing reinsurers to place more scrutiny on portfolio profitability, according to Guy Carpenter managing director Chris Ross.
The Insurer caught up with Allied World’s Colm Singleton and Aon’s Joe Rego on the market prospects presented in Bermuda and how the industry is capitalising on these opportunities with innovation at its core
A new framework is needed to address catastrophic cyber risk more effectively than existing war exclusions, argues Jon Bateman
Ethnicity, family and care situations and mental health were the big themes at this year’s Dive In Festival and with over 21,000 people registering, it was a record-breaking year for the festival.
ILS investors have an opportunity in pandemic risk because reinsurers are wary amid Covid-19, despite the sector still being profitable in 2020, according to Colin Dutkiewicz, global head of life for Aon’s Reinsurance Solutions business.
It’s been another week of interviews with industry leaders at The ReInsurer as we tap into the important topics and events that are shaping the market in the run up to the 1.1 renewals.
The ReInsurer caught up with Hannah Simons and Beat Holliger from Schroders on the group’s commitment to ESG investing and why ILS is well suited to this approach.
In the midst of the 2020 Atlantic hurricane season, Pete Dailey, vice president at RMS compares and contrasts 2005, perhaps the most memorable Atlantic season in recorded history, to 2020.