News

Insurance

Return on capital, ESG and contract clarity will dominate renewals discussions

A trio of issues is firmly on the agenda of all renewal discussions in 2021, according to John Huff, CEO of the Association of Bermuda Insurers and Reinsurers.   14 September 2021

Insurance

Social inflation, cyber, pricing: what the post-COVID-19 industry will deal with next

Insurers and reinsurers are always dealing with threats new and old. For Swiss Re, it is all part of the landscape, regardless of age.   14 September 2021

Insurance

Disruption among the competition benefits TigerRisk

Difficulties at some of its competitors in the broking industry have proved fruitful for TigerRisk Partners, according to London CEO James Few. He spoke to the Re/insurance Lounge.   14 September 2021

Insurance

‘The party is over in Europe’: tough conversations in an age of Zoom

With in-person Monte Carlo cancelled, the industry will be doing many of its renewals discussions online. That might work for some, but with thorny issues to address, the industry needs to get back to meeting face to face, say insurers.   14 September 2021

Insurance

Secondary perils are becoming a primary concern as renewals loom

Losses from fires and floods are joining the traditional perils of earthquakes and hurricanes as drivers of insured losses. While uncertainty remains over what the future holds for them, new capacity won’t save cedants from upward pressure on rates, a panel finds.   14 September 2021

Insurance

Favourable market conditions to continue

Dirk Herrenpoth, chief underwriting officer of NewRe, is confident that the favourable market environment for reinsurers will continue, driven by the current loss situation.   14 September 2021

Insurance

Swiss Re: COVID-19 revealed industry weaknesses, but opportunities abound

After a volatile year, Swiss Re spies significant growth for re/insurance in the years to come, despite the pandemic showing up some significant blind spots and points of contention which need improving.   14 September 2021

Insurance

Insurers and governments should learn pandemic lessons, Guy Carpenter urges

COVID-19 has highlighted the need for new mechanisms to enable governments and insurers to cover systemic risks.   14 September 2021

Insurance

Henchoz predicts ongoing reinsurance price increases as risks grow

Hannover Re has joined other leading reinsurers at the Rendez-Vous in predicting that the combination of uncertainty from the pandemic and rising losses elsewhere will fuel further price rises at the January renewals.   14 September 2021

Insurance

Reinsurance market outlook ‘promising’ but more price rises needed to offset losses: Hannover Re

Hannover Re expects the positive pricing trend to continue, especially in loss-affected lines and regions.   13 September 2021

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