Reinsurance News

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.

Captives to take on risks shunned by traditional re/insurers: AGCS’s Houlihan

13th May 2022

With many insurers and reinsurers beginning to shy away from complex emerging risks, captives could be set to take on more of the issues shunned by the traditional market. This is according to Thomas Houlihan, Regional Head, Americas - ART (Alternative Risk Transfer) at Allianz Global Corporate & Specialty (AGCS), who ... Read the full article

There’s no such thing as taking bad risk: Graham Gordon, Sapiens

22nd April 2022

"There’s no such thing as taking a bad risk. Just bad choices of how to approach the risk and the bad result of that risk," according to Sapiens Director of Product and Strategy, P&C, Graham Gordon. In an interview with Reinsurance News, Gordon discussed some of the ways in which data ... Read the full article

K2 International looks to attract underwriters to its platform

5th April 2022

Based in London, underwriting firm K2 International has made some big steps in the two years since it was established by its parent US company, K2 Insurance Services LLC. Throughout recent months, beginning in 2021 and going into this year, the firm has made several significant personnel hires; attracted new carriers; ... Read the full article

Calm April renewals dominated by an orderly Japanese market: Vickers, Gallagher Re

1st April 2022

Both buyers and sellers of protection managed expectations well at the April 1st, 2022, reinsurance renewals, driven by its heavy focus on the disciplined Japanese market, resulting in a calm 1/4, according to James Vickers, Chairman International, Reinsurance at Gallagher Re. We spoke with Vickers around the launch of reinsurance broker ... Read the full article

Prudential optimistic for the future as PRT market gains momentum: Rohit Mathur

7th March 2022

After a very strong 2021 that saw Prudential Retirement Strategies close a good mix of pension risk transfer (PRT) deals across various structures, Rohit Mathur, Head of International Reinsurance, told Reinsurance News that the future looks bright. Activity in the UK PRT market was very robust last year with buy-in and ... Read the full article

Now is a good time for pension schemes to begin their de-risking journey: Prudential Retirement Strategies’ Mathur

28th February 2022

Activity in the pension risk transfer (PRT) market has been robust, and with ample capacity and support from the re/insurance community persisting, alongside attractive pricing, it’s a great time for pension schemes to begin their de-risking journey, according to Rohit Mathur, Head of International Reinsurance at Prudential Retirement Strategies. After a ... Read the full article

Parametrics an “attractive & complementary” alternative: McGill and Partners

22nd February 2022

Parametric triggers in risk transfer can be a powerful tool, offering an effective way for insureds and reinsureds to secure responsive coverage that can be an “attractive and complementary” alternative to indemnity-based products, senior executives at specialty insurance broker, McGill and Partners, told us recently. Transparency is a key factor in ... Read the full article

AXIS hopeful upward rate momentum will continue: Ann Haugh

21st February 2022

After a late January 1st, 2022, reinsurance renewals season with evident disruption, Bermuda-based AXIS Capital Holdings Limited feels that some of the positives suggest a continuation of the current rate and market environment, according to Ann Haugh, the firm's President of Global Property Reinsurance. Executives from global insurer ... Read the full article

Political violence losses can come where re/insurers don’t expect them: Johansmeyer, PCS

14th February 2022

Just weeks after unrest in Kazakhstan that began with peaceful protests before turning violent, claiming the lives of 225 people, our sister site Artemis spoke with Tom Johansmeyer, Head of PCS, about political violence, unrest and what these events mean for the re/insurance market. This is the first ... Read the full article

The claims revolution is underway, but still a long way to go: Genpact’s Saye

11th February 2022

To improve claims processes across the insurance and reinsurance industry and deliver higher customer satisfaction, technology must be embraced, and modern software tools integrated into company processes, Jeff Saye, Global Practice Leader for Insurance Claims, Genpact told us in an interview. Discussing the need for a digital-first, future-focused approach to claims, ... Read the full article

Reinsurer appetite “undiminished” at 1/1: Gallagher Re’s James Vickers

4th January 2022

James Vickers, Chairman International, Reinsurance, at Gallagher Re, has maintained that reinsurers’ appetite to write what they perceive to be attractive business has proved to be “absolutely undiminished” following the January 1st renewals this year. Gallagher Re’s 1st View report noted that the 1/1 reinsurance renewals concluded with a “wide ... Read the full article

Climate change hit to supply chains will last longer than COVID-19: Swiss Re’s Ojeisekhoba

23rd December 2021

Moses Ojeisekhoba, Chief Executive Officer (CEO) for Reinsurance at Swiss Re, has warned that climate change will have a longer-lasting impact to global supply chains than has been seen from COVID-19. Supply chains around the world have been negatively impacted by the global COVID-19 coronavirus pandemic, driving inflationary fears and resulting ... Read the full article

PCS explores the complex development of Hurricane Ida: Interview

7th December 2021

The impact of Hurricane Ida in the third-quarter has already been significant for the insurance and reinsurance industry, but complexities in the reconstruction and recovery means there's uncertainty surrounding the ultimate hit to the industry as the loss continues to develop. With this in mind, the latest live ... Read the full article

Gallagher Re feels like a billion dollar startup with a tremendous opportunity: James Kent & Pat Gallagher

1st December 2021

With Arthur J. Gallagher’s (AJG) acquisition of Willis Re’s treaty reinsurance operations now complete, resulting in a much larger Gallagher Re, senior executives told Reinsurance News that it feels like day one at a billion dollar startup. In the past seven years, Gallagher Re has established itself as the fifth largest ... Read the full article

Non-African reinsurers must adapt to Africa, not vice versa: Neema

19th November 2021

Unlocking the enormous opportunities in the African market will require reinsurers to adapt their approach based on local realities, not the other way around, according to African specialist underwriting agency, Neema Insurance Managing Agency, which has recently celebrated its first year of operations with very strong results. During an interview with ... Read the full article