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S&P maintains negative reinsurance outlook as concerns over losses persist
Insurance
The reinsurance sector has failed to meet its cost of capital for nearly five years, and the ratings agency remains unconvinced that it will be able to do so again this year, says S&P Global Ratings’ Ali Karakuyu.   20 October 2021
Resilience amid uncertainty: SiriusPoint’s Cramér Manhem describes an industry grappling with change
Insurance
With a higher frequency and severity of cat losses, and as clarity emerges around losses from COVID-19, there will be a realignment around pricing for certain lines of business, Monica Cramér Manhem, president, international reinsurance at SiriusPoint, told Baden-Baden Today.   20 October 2021
AIR: lessons at Baden-Baden from the European floods
Insurance
Flooding isn’t new in Europe, and even the losses in Germany weren’t unforeseeable, according to AIR Worldwide’s Yörn Tatge. As re/insurers discuss secondary perils and look forward to January renewals, it may be that the main lessons learned are for the longer term.   20 October 2021
Insurance
How can risk modellers find solutions to some of the key issues facing the insurance industry today? Adam Podlaha from Aon’s Impact Forecasting catastrophe model development team spoke to the Re/insurance Lounge to discuss how the company is addressing the industry’s challenges.   20 October 2021
Insurance
Losses from the pandemic and flooding in its domestic market of Germany over the past 18 months have cost the carrier more than a decade’s worth of profits, showing the need for immediate rate increases, it says.   20 October 2021
Insurance
Its deputy CEO says talent that previously would have gone to Lloyd’s or the company market is now attracted by the agility and entrepreneurial spirit.   19 October 2021
Insurance
The European flooding and rise of secondary perils have changed the conversation for European reinsurance. Will it be enough to usher in a hard market? Johannes Martin Hartmann of VIG Re joined the debate.   19 October 2021
Insurance
As the European reinsurance industry gathers in Baden-Baden and discussions over policy renewals come to a head, TigerRisk’s Juan England thinks recent catastrophe events will form a core part of the talks.   19 October 2021
Insurance
The market has been buffeted by losses stemming from a string of natural catastrophes and this, in addition to ongoing issues with trapped capital, will have a significant impact on capacity at renewals, says MD John Warwick.   19 October 2021
Insurance
The directors and officers coverage market has been in flux over the past few years, but with dynamics shifting could rates be moving towards a more sensible level?   19 October 2021

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