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.
In our industry we rely on the past to have a glimpse of the future: Mican, PCS
16th December 2022
In an interview with Reinsurance News, Alex Mican, Director, Specialty Lines Product Development, PCS, Verisk Claims, suggested that given the events of the past year, having access to additional loss data sources will be vital to a successful January 1st renewal. Discussing what challenges specialty lines underwriters have faced this year, ... Read the full article
Swiss Re looking at one of the most “positive outlooks” for a while at the April renewal season: Paul Murray
2nd December 2022
Swiss Re’s Chief Executive Officer Reinsurance Asia, Paul Murray spoke with Reinsurance News to share his thoughts on Swiss Re’s outlook for the upcoming Asia renewal season, as well as how he sees market conditions developing within reinsurance in Asia Pacific. Addressing Swiss Re’s outlook for the Asia renewal season, Murray ... Read the full article
“It was a different world in 1975, but reinsurance is still fascinating and important”: Patrick Delalleau, CCR Re
22nd November 2022
The insurance and reinsurance world has evolved significantly since Patrick Delalleau entered the space more than 45 years ago. In his current role, Patrick Delalleau serves as a Senior Advisor at French state-run reinsurer, CCR Re, a position he took on in 2019 following more than ten years as the company’s ... Read the full article
Tech and human intelligence in re/insurance should work as a “marriage”: Collins, Corinthian Re
18th November 2022
The role that technology plays in the re/insurance industry is increasing and this is happening at a time when market participants are striving for greater efficiency, in an effort to both lower costs and remain relevant in an evolving sector. For Christopher Collins, CEO of Corinthian Re, there needs to be ... Read the full article
Ariel Re focused on discerning risk selection amid market uncertainty at upcoming renewals
16th November 2022
With the January reinsurance renewals just a couple of months away, there are a number of different factors that could impact property renewals. The hard market has been gaining momentum and been sent into overdrive by Hurricane Ian. Added into this mix are the macro-economic factors such as inflation, and ... Read the full article
We need to be disciplined & nimble in our approach to the market: SiriusPoint’s Scott Egan
10th November 2022
SiriusPoint’s CEO Scott Egan has said that the firm must be disciplined in its risk appetite and nimble in its approach to the market as it looks to restructure its underwriting platform following a net loss of $98 million for the Q3 period. SiriusPoint reported an underwriting loss of $47m ... Read the full article
Reinsurance growth to persist as market evolution sees segregation and risk decoupling: Corinthian Re
10th November 2022
The segregation of different areas of expertise within issuing carriers and the decoupling of risk is a trend that will accelerate in the reinsurance industry as it is cost effective and gives consumers and investors more opportunity, according to Christopher Collins, CEO of Corinthian Re. This is where the market is ... Read the full article
“Many carriers are pulling out of property cat, but we are not afraid”: Ariel Re’s Maccioni
1st November 2022
With a growing number of reinsurers cutting capacity for property catastrophe re/insurance and causing a hard market, Reinsurance News had the chance to speak to Ariel Re’s London-based Property Underwriters Tom Orton and Giovanni Maccioni ahead of the January renewals about the company’s current appetite and future plans for property ... Read the full article
Helios well placed ahead of ‘really hard’ market: Hanbury and Manners
25th October 2022
Despite a couple of headwinds, Helios increased its capacity portfolio to £233 million for the 2022 underwriting year, and management is confident about the prospects and future profitability of the firm ahead of further market hardening. In late September, Helios Underwriting, the Lloyd’s focused investment vehicle, reported a significant rise in ... Read the full article
Swiss Re is trying to ensure that inflation risk is shared between its customers and itself: Frank Reichelt
24th October 2022
With inflation currently remaining above historical peak, Swiss Re’s Head of Northern, Central & Eastern Europe, Frank Reichelt, discussed with Reinsurance News about what coping mechanisms the company have had to adapt to keep ahead. “We are following the topic very closely with the support of our own research department. We ... Read the full article
Reinsurers must seek government backing for biggest risks: PwC’s Bichard
10th October 2022
Jim Bichard, Global Insurance Leader for PwC, has urged the insurance and reinsurance industry to seek bolder collaboration with governments and public bodies to handle the largest risks facing the market. Speaking to Reinsurance News at the recent RVS 2022 event in Monte Carlo, Bichard discussed the main trends and challenges ... Read the full article
Remediation is bearing fruit at Lloyd’s ahead of 1/1 filled with opportunity: LMA’s Davison
6th October 2022
Following a strong underwriting performance in the first-half of 2022, remediation efforts at the specialist Lloyd’s insurance and reinsurance marketplace are proving successful, which puts the sector in a good position ahead of the important January 1st, 2023, reinsurance renewals. While investment losses dented the market’s overall result for H1, Lloyd’s ... Read the full article
Inflation could “absolutely dominate” reinsurance outlook: PwC’s Bichard
4th October 2022
Jim Bichard, Global Insurance Leader for PwC, has warned that inflationary challenges could “absolutely dominate” the insurance and reinsurance landscape in the near future. Speaking to Reinsurance News at the recent RVS 2022 event in Monte Carlo, Bichard identified the main trends under discussion as the scarcity of available reinsurance capacity ... Read the full article
Technology has outpaced the insurance markets appetite: Verisk’s Tim Rayner
26th September 2022
2022 is set to be a landmark year of change in the London market, with the evolution of cloud computing, distributed computing via APIs, and data augmentation all starting to culminate in opportunities for the market to be more efficient as it starts to move from analogue to digital. This is ... Read the full article
NewRe open to giving up business ahead of “work-intense” renewal: CEO Braune
22nd September 2022
Swiss reinsurer and Munich Re subsidiary NewRe is “open to giving up business” at the January renewals depending on how pricing and structural negotiations play out over the next few months, according to CEO Thomas Braune. Speaking to Reinsurance News at the RVS 2022 event in Monte Carlo last week, Braune ... Read the full article
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