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Reinsurance interviews

A series of interviews with prominent reinsurance industry executives, discussing the state of the global reinsurance market, opportunities for growth in reinsurance, disruptive factors and the influence of technology on risk transfer and reinsurance.

Retro pricing dynamics could disrupt market shares: Third Point Re execs

18th December 2019

Reinsurers that rely heavily on retrocession could be in danger of losing market share next year if prices continue to increase in response to the shortage of capacity, according to executives at Third Point Re. Speaking in an interview with Reinsurance News, David Govrin, President of Third Point Reinsurance (USA) Ltd., ... Read the full article

Another big loss is needed to fundamentally shift rates: Occam CEO Gibbins

17th December 2019

A fundamental shift in the re/insurance pricing environment will ultimately require another significant market loss event, according to Lance Gibbins, Chief Executive Officer (CEO) of specialty Lloyd’s of London managing general agent (MGA) Occam Underwriting. Speaking in a recent interview with Reinsurance News, Gibbins acknowledged that carriers are now responding to ... Read the full article

A changing environment shouldn’t change your strategy: PartnerRe’s Colello

29th November 2019

Reinsurers should not be looking to alter their strategy in response to changing market conditions, but should instead be focusing on consistency and execution, according to Jon Colello, CEO for P&C Americas and President of PartnerRe. Speaking in an interview with Reinsurance News, Colello acknowledged that both insurers and reinsurers were ... Read the full article

Lack of awareness around the European protection gap: NewRe execs

25th November 2019

Senior executives at Swiss reinsurer NewRe say the company continues to see untapped opportunities in the developed European market, partly due to a lack of awareness about the significant protection gap in many areas. Reinsurance News recently spoke to CEO Renate Strasser and Artur Klinger, the company’s Chief Underwriting Officer (CUO) ... Read the full article

The question is whether changes are cyclical or structural: Roundtable

22nd November 2019

With re/insurance a completely different market now than the one 18 months ago, key industry executives speaking at the 2019 Reinsurance News Monte Carlo Rendezvous Roundtable reflected on whether the longer-term decline in rates is cyclical or structural. If it has been cyclical and the factors driving this new ... Read the full article

The industry is starting to understand an infant cyber market: Guenther, Hacker

21st November 2019

Still in its infancy, the global cyber risk market continues to grapple with data and modelling challenges, but increasingly, re/insurers are becoming aware of a need for new and innovative approaches. This is according to the owner and founder of PeriStrat GmbH, Hans-Joachim Guenther and Peter Hacker, a globally recognized cyber ... Read the full article

Real value in understanding & transferring ocean risk, says AXA XL’s MacFarlane

19th November 2019

AXA XL, the global P&C and Specialty insurance and reinsurance arm of the AXA Group, sees real value in the ongoing development of the world’s first Ocean Risk Index, designed to assess, transfer and trade the risks associated with the change and deterioration in our oceans, while simultaneously supporting resilience. Reinsurance ... Read the full article

Fundamentals must change before price adequacy can return: PwC’s Wightman

12th November 2019

The re/insurance industry has broadly enjoyed a hardening rate environment in 2019, but a return to price adequacy will require some fundamental changes in terms of the way companies model and respond to catastrophe losses. This is according to Arthur Wightman, PwC Bermuda Territory and Insurance Leader, who spoke to Reinsurance ... Read the full article

Cyber market not as profitable as it appears: CyberCube CEO

8th November 2019

CyberCube's Pascal Millaire believes we’ve only seen the tip of the iceberg when it comes to cyber catastrophe aggregation in the insurance industry and that, once you start layering on the appropriate loads onto coverages, the market is not as profitable as it appears. “This is a market that’s expected to ... Read the full article

Advanced tech, no legacy puts Convex in solid position: Catlin, Brand

1st November 2019

Convex, the specialty insurer and reinsurer launched earlier this year by Stephen Catlin and Paul Brand, feels that the rise of technology, combined with the fact it doesn’t have legacy issues puts it in a great position moving forward. Reinsurance News recently met with co-founders of Convex, Catlin and Brand, to ... Read the full article

London insurance M&A activity to persist, but focus on smaller end of market: Skeels, Mazars

31st October 2019

With fewer incumbents left to purchase at the top end of the London insurance space, M&A activity is expected to be dominated by the smaller end of the marketplace, according to Stephen Skeels, Partner and National Head of Valuations at Mazars, the global audit, accounting and consulting group. Mazars has a ... Read the full article

Reinsurers optimistic about market outlook, says Appleby’s Brad Adderley

25th October 2019

Optimism is high in the reinsurance industry this year, according to Brad Adderley, partner at offshore law firm Appleby, and there appears to be some confidence that the market’s outlook will improve further. Speaking in an interview with Reinsurance News at Reinsurance Rendezvous event in Monte Carlo this year, Adderley explained ... Read the full article

Growth & efficiency underpin Swiss Re’s strategy, says Fernando Villar

23rd October 2019

Swiss Re’s success in the EMEA region is underpinned by the development of innovative solutions to promote growth, unlock new efficiencies, and optimise profitability, according to Fernando Villar, COO and Head of P&C Client Solutions EMEA at Swiss Re. Villar spoke to Reinsurance News about the reinsurer's strategy in an interview ... Read the full article

Reinsurance News Monte Carlo Executive Roundtable 2019

23rd October 2019

Introducing Reinsurance News’ first ever Monte Carlo Rendezvous Roundtable event, where industry executives examined disruption, catastrophe modelling and other key fundamental shifts currently sweeping the market. With our executive panel spoilt for topics to pick apart and discuss, focus first settled on the record catastrophe years in 2017 and ... Read the full article

London market needs efficiency, Lloyd’s needs to execute: Davies, Xceedance

22nd October 2019

As Lloyd’s and the broader London market strive for greater efficiency, it’s important that the specialist insurance and reinsurance marketplace is successful in at least some areas of its prospectus, says Justin Davies, Head of EMEA at re/insurance service provider, Xceedance. After unveiling its Future at Lloyd’s prospectus back in May, ... Read the full article

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