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The idea of a widespread cat capacity crisis is ‘nonsense’, says Gallagher Re’s Vickers
Insurance
The idea of a widespread cat capacity crisis is “nonsense”. Capacity is available and the largest European reinsurers are even willing to write more—with the exception of US cat peak zone risks, James Vickers, chairman, international, reinsurance, Gallagher Re, told Intelligent Insurer.   13 September 2022
A flight to quality of investors now applies to all investment opportunities in the property-cat space: TigerRisk
Insurance
A flight to quality has taken place by investors that now applies to all investment opportunities in the property-cat space, Jarad Madea, head of TigerRisk Capital Markets and Advisory, told Intelligent Insurer.   13 September 2022
Reinsurance dispute work increasing post-pandemic: Devonshires
Insurance
The volume of re/insurance legal disputes has increased significantly since the COVID-19 pandemic but cases on the reinsurance side are taking time to be resolved, according to Stephen Netherway, partner at law firm Devonshires.   13 September 2022
Insurance
The insurance industry will never be able to entirely close the protection gap—and the same is true for the public sector. That’s why the United Nations Development Programme’s (UNDP) senior advisor Daniel Stander believes the “false bifurcation” between the two sectors must be eradicated.   13 September 2022
Insurance
Inflation is one of the hottest topics at Monte Carlo this year but Mike Papworth, managing director of Miller International, does not believe it’s here to stay.   13 September 2022
Insurance
The first gathering in three years of P&C re/insurers in Monte Carlo is not merely a longed-for opportunity to reconnect in person, but the most urgent call to arms in a decade, Matthew Wilken, chief underwriting officer for Hiscox Re & ILS, told Intelligent Insurer.   13 September 2022
Insurance
Only commercial property rates ticked up vs Q1 in apparent deference to rising inflation.   13 September 2022
Insurance
AXA XL aims to expand its casualty reinsurance business and meet its growing client needs “where the rates are adequate and the structure makes sense”, Marcus Gonzales, head of casualty global & international markets, head of London, reinsurance, AXA XL, told Intelligent Insurer.   13 September 2022
Insurance
‘We are incredibly excited about the opportunities we have ahead of us right now.’   13 September 2022
Insurance
Reinsurers have a responsibility to their clients not to completely cut writing natural catastrophe business and instead to devise solutions for clients—but the pricing and structures of treaties must adjust to take in a new risk environment.   12 September 2022

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