Reinsurance News
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.
19th October 2020
While it is clear that the enormous risks posed by future pandemics can only be tackled through public-private partnerships, the solutions proposed so far fail to fully contend with the scope and complexity of a global systemic threat of this nature. This is where parametric triggers come in, says Third Point ... Read the full article
16th October 2020
While insurers and reinsurers looked to book much of their pandemic losses in the second-quarter, the potential for casualty lines development could persist for years and be very significant, according to executives at reinsurance broker Willis Re. It's likely to be years before we understand the full impact of the ongoing ... Read the full article
12th October 2020
While it's likely that more fresh capital will look to enter the re/insurance market in light of improving market conditions, investor trepidation remains amid continued financial market uncertainty and volatility, according to executives at Willis Re, the reinsurance broking of Willis Towers Watson (WTW). "We simply don't see capital rushing in," ... Read the full article
5th October 2020
From an operational point of view, the re/insurance industry is unlikely to ever return to the ‘normal’ it was accustomed to before the COVID-19 pandemic. This is according to Waleed Jabsheh, President of IGI, who discussed the challenges of the coronavirus crisis in a recent interview with Reinsurance News. “This experience has ... Read the full article
2nd October 2020
As the insurance and reinsurance industry continues to evolve at a rapid pace, companies need to be more proactive with investments in digital and advanced analytics, according to James Harrison, UKI Head of Insurance at global data and analytics firm, Dun & Bradstreet. Following the announcement of his new role ... Read the full article
30th September 2020
NewRe’s Chief Underwriting Officer (CUO) Dirk Herrenpoth says the company is operating “in a position of strength” and is well-prepared to take advantaging of changing market conditions. Speaking in an interview with Reinsurance News, Herrenpoth noted that NewRe has had minimal exposure to pandemic losses and is now looking to capitalise ... Read the full article
28th September 2020
David Brown, Chairman and interim CEO of Bermuda-based reinsurer Hamilton Re, has warned that longer-tailed casualty lines could face exposure to indirect losses arising out of the COVID-19 pandemic. Speaking in an interview with Reinsurance News, Brown noted that there are exposures to claims-made policies in long-tail lines that may only ... Read the full article
28th September 2020
Flood Re Chief Executive Officer (CEO) Andy Bord has said that the UK “must take flood-risk more seriously,” and stressed the urgency of building a more flood resilient country. In a recent interview with Reinsurance News, Bord discussed how Flood Re is working with the government to address the challenges facing ... Read the full article
25th September 2020
James Vickers, Chair of Willis Re International, has said that reinsurers must respond to the myriad challenges in the current market by going “back to basics” and focusing on combined ratios. Speaking in an interview with Reinsurance News, Vickers discussed the findings of a recent Willis Re report, which concluded ... Read the full article
23rd September 2020
According to IGI President Waleed Jabsheh, the company has been largely insulated from the worst effects of the pandemic and is ready to take capitalise on the market opportunities COVID-19 has presented. Speaking in an interview with Reinsurance News, Jabsheh noted that IGI has little exposure to the areas that have ... Read the full article
23rd September 2020
Christian Mumenthaler, the Chief Executive Officer (CEO) of reinsurance giant Swiss Re, is proud of the company's efforts to make the world more resilient amid a "super frustrating" and expanding global protection gap (disparity between economic and insured losses post-event). Mumenthaler recently spoke with our sister publication ... Read the full article
22nd September 2020
With rates now on a trajectory towards hard market territory, Hamilton Re Chairman and interim CEO David Brown says the company is seeing opportunity across specialty insurance and reinsurance business. Speaking in an interview with Reinsurance News, Brown said he was confident about Hamilton Re’s prospects following its takeover of Pembroke ... Read the full article
18th September 2020
By utilising machine learning and numerical text processing techniques, Swiss Re has been able to generate a "predictive view" of motor frequency developments in several markets. In a recent conversation with Nikita Kuksin, Hhead of modelling within Casualty R&D , Miriam Hook, vice president Global clients and Surbhi Gupta, assistant vice ... Read the full article
14th September 2020
The reinsurance industry needs to secure more in the way of rate increases for it to be sustainable, according to Swiss Re's Group Chief Executive Officer (CEO) Christian Mumenthaler. Speaking in a video interview for the Artemis Live series from our sister website, ... Read the full article
8th September 2020
Re/insurers are looking for insurtech investment opportunities that represent less of a ‘risk’, in that they have a proven track record and are more likely to be successful. In a recent conversation between Reinsurance News and Dr Andrew Johnston, global head of insurtech at Willis Re, it was explained how it ... Read the full article
