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IGI expects political violence to be ‘the next hard market’
Insurance
Political violence hasn’t hardened alongside other classes of treaty reinsurance but, in the current environment, it could potentially soon enter a true hard market, Waleed Jabsheh, president of International General Insurance (IGI), told Intelligent Insurer.   12 September 2022
After an accelerated period of hiring, Lockton Re is ahead on its growth targets
Insurance
After a period of intense hiring and expansion, Lockton Re says it is “well ahead” in its growth plans and is now able to be more choosy—in terms of hires and clients it wants to work with.   12 September 2022
Ariel Re says the hardening market requires greater clarity of coverage before January renewals
Insurance
A hardening market in property-catastrophe reinsurance is a favourable environment for a risk-willing entity, but buyers must be prepared to negotiate tighter policy terms ahead of the January renewals, Joel Willens, head of international property reinsurance at Ariel Re, told Intelligent Insurer.   12 September 2022
Insurance
Bermuda remains well placed to help the industry solve challenges including a capacity crunch in property-cat business. That was the broad sentiment of nine industry leaders attending the annual Bermuda Roundtable in Monte Carlo, hosted by Bermuda:Re+ILS and sponsored by Aspen.   12 September 2022
Insurance
“The world is becoming a less global space in terms of mindset,” Jean-Jacques Henchoz, chief executive officer of Hannover Re, told a Monte Carlo conference as he discussed the current reinsurance market and risks related to the Ukraine war among other things.   12 September 2022
Insurance
Bermuda has changed in the last five years from being a hub mainly for property catastrophe reinsurance into a broader and diversified market, Peter Bell, senior vice president, chief executive officer and managing director of Everest Reinsurance (Bermuda), told Intelligent Insurer.   12 September 2022
Insurance
Demand for insurance-related debt is increasing as investors enjoy the higher premiums associated with what is viewed as a complex investment and re/insurers seek new ways of raising capital, often to complement an equity placement.   12 September 2022
Insurance
Business for Mapfre Re is a double-edge sword right now: a mix of profit-making opportunities and challenging macroeconomic conditions, according to Javier San Basilio, deputy general manager and chief underwriting officer at the reinsurer.   12 September 2022
Insurance
There are many longstanding players in financial services, but few with the name recognition that Fitch Ratings has. Robert Mazzuoli spoke about how the agency views the reinsurance industry in 2022 and 2023.   12 September 2022
Insurance
Insureware’s chief analytics officer David Munroe sees positive business growth as reinsurers look to the statistical solutions provider for products and services to gain the edge in a tough market.   12 September 2022

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