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.
Everest “well-positioned” for growth ahead of highly promising 1/1: Jim Williamson
14th September 2022
Everest Re's Chief Operating Officer and Head of Reinsurance, Jim Williamson, spoke with Reinsurance News to share his thoughts on Everest's major international expansion plans, as well as the Florida property market, and the upcoming renewals. Williamson said: “As a go-to-market for all reinsurance purchases around the world with cedents in ... Read the full article
Specialty opportunities in uncertain times: Vantage Risk’s McKeown
14th September 2022
While the world faces a growing array of macro and geopolitical challenges, the pressures these create can also provide opportunities, while some other chances for growth are being left on the table by incumbents, Chris McKeown of Vantage Risk believes. Chris McKeown, the Chief Executive, Reinsurance, ILS, and Innovation at still ... Read the full article
Everest working hard to seize opportunities in reinsurance: Jim Williamson
13th September 2022
With a risk horizon that is constantly shifting and challenging the industry in advanced ways, Chief Operating Officer and Head of the Reinsurance division at Everest Re, Jim Williamson, discusses the firm's approach to navigating said risks, alongside strategies for maximising growth while reducing volatility. Reinsurance News spoke with Williamson around ... Read the full article
“Laser focus” on building best possible portfolio key for reinsurers: Reardon, Hiscox Re & ILS
13th September 2022
Hiscox Re & ILS Chief Executive Officer, Kathleen Reardon, sat down with Reinsurance News to share her thoughts regarding the importance of diversification for reinsurers, particularly as many look to reduce catastrophe exposures. Reardon said: “Most reinsurers endeavour to deploy a multi-line strategy - for example, at Hiscox Re & ILS, ... Read the full article
Reinsurance market is at an interesting point: Inver Re’s Jonathan Prinn
12th September 2022
With the ongoing war in Ukraine and climate change set to add to inflationary pressure on the economy, at a time when some reinsurers are looking to diversify away from catastrophe business, it’s an interesting time for the marketplace, according to Jonathan Prinn, Chief Executive Officer (CEO), London, Inver Re. As ... Read the full article
Tight market to persist amid rise in demand for protection: Peak Re CEO Hahn
12th September 2022
While it remains too early to predict how the January 1st, 2023, reinsurance renewals will develop in Asia, current trends suggest that tight market conditions will persevere as demand for protection rises, according to Franz Josef Hahn, Chief Executive Officer (CEO) of Hong Kong domiciled reinsurer, Peak Re. Reinsurance News spoke ... Read the full article
If you are just deploying technology to a broken process, it’s still a broken process: Xceedance
12th September 2022
As carriers and brokers embark on technology transformations, one of the key considerations is to review the existing process, and look at how it can be optimised and how you can apply technology to make that process even better, says Justin Davies, Head of EMEA at re/insurance service provider, Xceedance. Davies ... Read the full article
Re/insurance needs an “iconoclastic moment”, says Vantage’s McKeown
12th September 2022
The global insurance and reinsurance industry needs an “iconoclastic moment” on a similar scale to the introduction of catastrophe risk models in the 1990’s, if it is to ensure its long-term sustainability, Chris McKeown of re/insurer Vantage Risk has said. Speaking with Reinsurance News around the Monte Carlo Rendez-vous event in ... Read the full article
Hiscox sees opportunities at hard 1/1: Kathleen Reardon
11th September 2022
Kathleen Reardon, Chief Executive Officer (CEO) at Hiscox Re & ILS, has said that she sees “interesting opportunities” for her company at the upcoming January 1st renewals, as signs point to continued reinsurance price increases. Speaking in a recent interview with Reinsurance News, Reardon explained that “the direction of travel currently ... Read the full article
Industry has proven its role as shock-absorber: Swiss Re’s Thierry Léger
11th September 2022
Reflecting on several years of large global catastrophe losses and unprecedented systemic shocks, Swiss Re Group Chief Underwriter (CUO) Thierry Léger says that the reinsurance industry has “proven its role as shock-absorber.” Speaking to Reinsurance News ahead of the 2022 Monte Carlo RVS event, Léger addressed the difficult conditions that reinsurers ... Read the full article
Renewal rate increases “eaten up by live issues” – Swiss Re’s Mumenthaler
9th September 2022
Reinsurance companies reported some fairly significant price increases during the 2022 renewals, but the impacts of inflation and adapted models has, for the most part, offset these rises, according to Christian Mumenthaler, Chief Executive Officer (CEO) of Swiss Re. In a recent video interview, Mumenthaler spoke with ... Read the full article
Interview: Why should crop insurance lag on market penetration?
23rd August 2022
It would not be remiss to think that a product that transfers risk from farmers to insurers would be an easier sell, given that the former are less able to handle risk than the latter. Likewise, it should be an easy sell for a product that stabilises the incomes of ... Read the full article
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
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
