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At an Intelligent Insurer roundtable in Monte Carlo, seven senior leaders from different parts of the industry debated how it innovates to maintain its relevance in a fast-changing world. 12 September 2022
Insurance
As cedants grapple with a shrinking pool of available (and affordable) property-catastrophe capacity from traditional reinsurers, the importance of finding innovative ways to transfer that risk in other ways, such as into the capital markets, has become crucial as buyers plan their renewal. 12 September 2022
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
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
The re/insurance industry is missing the bigger picture and doing itself a disservice by pinning down the blame for rising losses solely on climate change and focusing heavily on just the ‘E’ of environmental, social and corporate governance (ESG) issues. 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
Insurance
Without restoring the confidence of investors and boards that sustainable profit margins can be achieved there will be further reduction of capital deployed, despite growing demand, writes Patrick Chevrel, managing director, French Branch Office and head of Western & Southern Europe at VIG Re. 12 September 2022
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