Winds of change in a soft market
Reinsurers have stopped worrying about the elongated soft market and are now more inclined to improve their performance in other ways. A panel discussed these trends at a roundtable in Baden-Baden, hosted by Intelligent Insurer and sponsored by S&P Global Ratings.
In attendance:
Srečko Čebron, member of the management board for reinsurance, Sava Re
David Flandro, global head of analytics, JLT Re
Martin Hartmann, chief executive officer, VIG Re
Ali Karakuyu, director, S&P Global Ratings
Frank Reichelt, head Northern, Central & Eastern Europe, Swiss Re
Luke Roden, chief underwriting officer of short tail & ceded reinsurance, Qatar Re
Andrew Secker, chief executive officer, Benelux & Nordic, Aon’s Reinsurance Solutions business
Christian Wuestner, deputy editor, Intelligent Insurer
The reinsurance sector should not wait for rates to go up but should instead seek to reduce costs as well as grow into new markets, according to market experts participating in the 2018 Intelligent Insurer roundtable in Baden-Baden, sponsored by S&P Global Ratings.
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