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.

PCS: Market sees hurricane Laura offshore energy loss at up to $250m

8th September 2020

Hurricane Laura's impacts to the offshore energy insurance and reinsurance market may be lower than anticipated, as Property Claim Services (PCS) explained to us that that the market sees the offshore loss from the hurricane at up to $250 million. Catastrophe risk modeller RMS said last week that it expects ... Read the full article

Expect further international growth at Whitespace after a promising year: Marcus Broome

20th August 2020

After an impressive 2020 for digital e-trading platform, Whitespace, underpinned by rapid uptake and full recognition by Lloyd’s of London, Reinsurance News spoke with Marcus Broome, Chief Platform Officer. Broome has been in the insurance industry since 1985, originally working for a Lloyd’s syndicate before founding a technology business called ROOM ... Read the full article

For SiriusPoint, underwriting is paramount: Sankaran & Malloy

14th August 2020

SiriusPoint, the new insurer and reinsurer incepted via the combination of Third Point Re and Sirius Group, is determined to focus on the bottom line to ensure underwriting excellence. This is according to incoming Chief Executive Officer (CEO) of SiriusPoint, Sid Sankaran and Dan Malloy, current Third Point Re CEO who ... Read the full article

Role of re/insurers has “undoubtedly changed” in 2020: Munich Re’s Paul Donnelly

13th August 2020

The nature of re/insurers’ role has “undoubtedly changed” in the months following the global COVID-19 outbreak, says Paul Donnelly, Executive Vice President for EMEA at Munich Re Automation Solutions, the specialist insurtech subsidiary of the global reinsurer. Speaking in an interview with Reinsurance News, Donnelly noted that social distancing measures have ... Read the full article

Reinsurer knowledge & data critical to building climate resilience: Swiss Re’s Baertschi

6th August 2020

The reinsurance industry’s knowledge and expertise in risk identification and mitigation will be a critical tool in building resilience against climate change, says Urs Baertschi, Chief Executive Officer Reinsurance EMEA / Regional President EMEA at Swiss Re. Speaking in an interview with Reinsurance News, Baertschi argued that the insurance industry is ... Read the full article

Re/insurance has major role in tackling climate change: Swiss Re’s Baertschi

20th July 2020

In the wake of the COVID-19 pandemic, the insurance industry must reflect on the lessons it has learned and take a stance as a major player in the fight against climate change. This is according to Urs Baertschi, Chief Executive Officer Reinsurance EMEA / Regional President EMEA at Swiss Re, who ... Read the full article

COVID-19 to accelerate insurtech’s “silent metamorphosis”: Munich Re’s Paul Donnelly

17th July 2020

The COVID-19 pandemic is set to accelerate a “silent metamorphosis” that the re/insurance industry has been undergoing in recent years regarding its use of technology. This is according to Paul Donnelly, Executive Vice President for EMEA at Munich Re Automation Solutions, the specialist insurtech subsidiary of the global reinsurer. Speaking in an ... Read the full article

Amid COVID-19, the opportunities & possibilities are substantial for reinsurers: Pyrrhic Re CEO

12th June 2020

Although likely to be more challenging for the reinsurance sector than any other market event since 1986, the COVID-19 pandemic represents enormous opportunities and possibilities for the industry, according to Peter Mills, Chief Executive Officer (CEO) and Founder of Pyrrhic Re. A pure-reinsurance Managing General Agency (MGA) writing a diverse book ... Read the full article

The real story of US flood is the lack of insurance take-up: Clark, Guy Carpenter

4th June 2020

Too often, the story around U.S. flood risk focuses on FEMA and what the entity either isn’t doing right or could be doing better, when the real story is the dangerously low levels of flood insurance penetration, according to Jonathan Clark of Guy Carpenter. Clark, who leads the Public Sector division ... Read the full article

Reinsurance is again “performing quite well”, says Paul Schultz, Aon Securities

2nd June 2020

While the COVID-19 pandemic brings new challenges, the reinsurance industry is once again performing well during a time of major financial market disruption, according to Paul Schultz, Chief Executive Officer (CEO) of Aon Securities. As part of our sister publication Artemis' series of video interviews with experts and leaders from ... Read the full article

Pandemic an opportunity for reinsurance growth in India: Rohit Boda

26th May 2020

The COVID-19 pandemic presents many opportunities for the growth of reinsurance business in India, according to Rohit Boda, Managing Director of J.B. Boda Group, an insurance and reinsurance broker based in the country. Speaking in an interview with Reinsurance News, Boda noted that the contention around business interruption claims linked to ... Read the full article

Innovative tech & new markets suggest continued growth for L&G Re: CEO, Olunloyo

21st May 2020

L&G Re, the global reinsurance arm of L&G, has experienced rapid growth in recent years, and the life reinsurer’s increased focus on advanced technology points to continued expansion for the company and the wider pension risk transfer (PRT) market, according to Chief Executive Officer (CEO), Thomas Olunloyo. In an interview with ... Read the full article

Pre-COVID-19 structural factors to influence reinsurance renewals: Flandro, Hyperion X

19th May 2020

While the COVID-19 pandemic will undoubtedly have an influence on upcoming renewals for insurers and reinsurers, for the latter, the broad structural factors that have been in place prior to the outbreak cannot be ignored, according to David Flandro, Managing Director at Hyperion X. In a recent video interview with our ... Read the full article

Demand for pandemic cover rising, but capacity limited: Third Point Re CEO

19th May 2020

There’s been a notable rise in demand for pandemic re/insurance and a subsequent hike in rates, however, there’s currently limited capacity in the marketplace for pandemic cover, according to Dan Malloy, Chief Executive Officer (CEO) of Third Point Re. These are unprecedented times for the industry, and it will undoubtedly be ... Read the full article

COVID-19 likely to worsen pre-existing capacity hardening: Steve Hearn

14th May 2020

Although too early to accurately predict coronavirus’ full impact on the re/insurance space, BGCI Chief Executive Officer Steve Hearn can see the pandemic exacerbating the industry's pre-existing environment of capacity hardening. Speaking recently to Reinsurance News, Hearn noted how the pandemic will likely cause customers to look very closely at their ... Read the full article

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