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.
Economic pressures drive widespread rate increases at 1/7: Gallagher Re’s Vickers
1st July 2022
The pressures of inflation and rising interest rates caused reinsurers to remain cautious at the July renewals, which resulted in much less available capacity for buyers and higher prices across the board. This is according to James Vickers, Chairman International, Reinsurance, at Gallagher Re, who spoke to Reinsurance News about July ... Read the full article
Tim Spencer of Prima XL on the future role of reinsurtech
23rd June 2022
Digitisation has been a buzzword across multiple sectors and industries in recent years as an increasingly online and mobile-connected world population has come to expect their insurers in turn to fully embrace the revolution of a hyper-connected world. And where the insurers go, the reinsurers will be expected to follow. And, ... Read the full article
Reinsurers need to rebuild confidence: Ariel Re CEO
10th June 2022
Ariel Re CEO Ryan Mather has asserted that the reinsurance industry needs to work to rebuild confidence in the sector, following a period of challenging conditions and inadequate returns. Speaking in an interview with Reinsurance News, Mather discussed the thinking behind Ariel Re’s "front foot" approach to catastrophe risk and the ... Read the full article
Howden Tiger will be a breath of fresh air in reinsurance: David Howden
10th June 2022
For re/insurance broking group Howden, the recently announced acquisition of TigerRisk Partners transforms its position in the reinsurance space, with the enlarged business set to challenge the status quo and empower talent, according to Howden Group's Chief Executive Officer (CEO), David Howden. Yesterday, Howden announced an agreement to create the ... Read the full article
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
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