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.
Change is coming to the entire insurance sector: Krista Griggs, Fujitsu UK
24th August 2021
In a recent interview with Reinsurance News, Krista Griggs, Head of Financial Services and Insurance at Fujitsu UK, discussed the importance of data within the re/insurance sector against a backdrop of rapidly advancing technologies. While the prevalence of data has been something which has been in the underwriting of insurance policies ... Read the full article
“The relationship aspect of our business is timeless”: AM RE’s Dijak
9th August 2021
Dan Dijak, Head of Underwriting at AM RE Syndicate says that, amid challenging market conditions, the key to the company’s success is nurturing long-term, predictable relationships with clients. “We believe that the relationship aspect of our business is timeless,” Dijak told Reinsurance News during a recent interview that focused on finding ... Read the full article
Tackling 2021 exposures with a 2011 mindset is a recipe for disaster: EMC Re President
28th July 2021
Mondale Smith, President and COO at EMC Re, has stressed that reinsurers must pay close attention to how weather trends have altered in recent years, and has warned that “tackling 2021 exposures with a 2011 mindset is a recipe for disaster.” Speaking in an interview with Reinsurance News, Smith discussed how ... Read the full article
Discipline holding as market balance returns: Willis Re’s Vickers
7th July 2021
James Vickers, Chairman of Willis Re International, has said that “discipline is still there,” even as the latest edition of the broker’s 1st View Report shows that recent reinsurance price increases have brought the market close to equilibrium. Speaking in an interview with Reinsurance News, Vickers noted that the reinsurance market ... Read the full article
The goal is to create a single source of truth data environment, says Swiss Re’s Haycock
5th July 2021
As data quality challenges continue to hinder insurers and reinsurers, Swiss Re is looking to overcome some of the inefficiencies and develop a habitat in which valuable data is discoverable, accessible, and trusted. This is according to Swiss Re’s inaugural Chief Data Officer, Ian Haycock, who spoke with Reinsurance News recently ... Read the full article
No question you’ll see more life reinsurers in Bermuda: Brad Adderley, Appleby
2nd July 2021
While the emergence of property and casualty (P&C) startups in Bermuda is likely to be muted in the months ahead, the influx of life reinsurers is expected to continue and will only strengthen the Bermuda marketplace, according to Brad Adderley, Partner at global law firm Appleby. An expectation of significant rate ... Read the full article
Re/insurers should reorient their thinking to become even more data led: Swiss Re’s Ian Haycock
24th June 2021
With advancements in technology enabling carriers to leverage data in a more meaningful way, the insurance and reinsurance industry has an opportunity to refocus its thinking, derive greater insights and transform some of the inefficiencies within the business, according to Ian Haycock, Chief Data Officer at Swiss Re. “For Swiss Re ... Read the full article
Evolution of nat cat events remains a key challenge for the energy space: Munich Re Syndicate’s Timothy Lee
23rd June 2021
The increased unpredictability and severity of natural catastrophe events will continue to be the key challenges for the energy insurance sector, according to Timothy Lee, Energy and Engineering Underwriter, Munich Re Syndicate Singapore. In an interview with Reinsurance News, Lee noted that the energy insurance market continues to harden, although at ... Read the full article
“Exciting time” for Global Atlantic as clients seek post-pandemic optimization: Manu Sareen
15th June 2021
It is an “exciting time” in the life and annuity market as the challenges posed by the COVID-19 pandemic and prolonged low interest environment have created new opportunities for reinsurance players such as Global Atlantic. This is according to Manu Sareen, President for Institutional Markets at Global Atlantic and CEO of ... Read the full article
Claims inflationary trends in ‘new territory’, says Xactware’s Mike Fulton
9th June 2021
With the 2021 Atlantic hurricane season now officially underway, the market is in "new territory" with respect to inflationary pressures and the rise in material prices and labour costs, according to Mike Fulton, President of Xactware. As inflation becomes increasingly apparent in the wider economy, the latest in our sister ... Read the full article
Hurricane risk landscape is becoming more complex: RMS
3rd June 2021
RMS' latest update to its North Atlantic hurricane model continues to evolve the science of hurricane risk modelling, as the changing climate, growing exposures and changing market conditions drive an increasingly complex risk landscape, according to Jeff Waters and Ben Brookes. The latest in our sister publication Artemis' series ... Read the full article
AM RE’s Ernie Zayicek sees opportunities in post-covid US program market
14th May 2021
With a crop of strong Managing General Agents having weathered a program market further dislocated by COVID-19, AM RE Syndicate’s Ernie Zayicek sees an opportunity to help both high performing MGAs and reinsurance partners in facilitating their ambitions for growth in the US. Zayicek, who serves as Chief Operating Officer and ... Read the full article
Data is the currency of the re/insurance world: Kirk Conrad, BMS
11th May 2021
“The power of data has only grown with the explosion of what is available and what is tracked over time,” according to Kirk Conrad, BMS’s global head of analytics, who in a recent interview with Reinsurance News, discussed the importance of data and analytics within the reinsurance industry. When asked if ... Read the full article
“Happy tailwind” of rising premiums reducing expense ratios will tail-off: Vickers, Willis Re
23rd April 2021
Top-line growth has been helping global reinsurance firms to enhance their expense efficiency, but this "happy tailwind" won't last forever, warns James Vickers, Chairman, Willis Re International. Speaking with our sister publication Artemis in the latest of its Artemis Live series of video interviews, Read the full article
You can’t build a shiny new skyscraper on foundations of sand: Dun & Bradstreet’s Harrison
20th April 2021
The role of data & analytics is changing in the re/insurance industry but as carriers have looked to bolster their capabilities, a few things have served to hinder their efforts, according to James Harrison, UKI Head of Insurance at global data and analytics firm, Dun & Bradstreet (D&B). In a recent ... Read the full article