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.
Asia-Pacific will remain our core: Peak Re’s Chris Kershaw
26th October 2018
China is a big part of Peak Reinsurance’s current portfolio and will continue to be so, while the increasing opportunities in India have only just started to be addressed, according to the company’s Managing Director of Global Markets, Chris Kershaw. In a recent interview with Reinsurance News Kershaw laid out his ... Read the full article
Modelling the un-modellable: An interview with CyberCube CEO Pascal Millaire
23rd October 2018
In 1957 while at his home in Richmond, Virginia, a blind seven-year old boy named Joe "Joybubbles" Engressia discovered that by whistling into the phone at a frequency of 2600 Hz he was able to mimic the dial tone used by AT&T to route calls, an exploit that allowed long-distance ... Read the full article
Named peril casualty cover is $90bn per year opportunity, says Praedicat CEO
17th October 2018
Robert Reville, Chief Executive Officer (CEO) of Praedicat, an InsurTech risk modelling and analytics firm, has claimed that developing named peril casualty cover is currently the biggest opportunity in re/insurance, representing a potential $90 billion annual growth opportunity. Praedicat analyses scientific literature to model more than 60,000 potential disease litigation scenarios, ... Read the full article
SCOR’s portfolio pricing “back at the 2014 level,” says P&C CEO Victor Peignet
15th October 2018
SCOR’s overall portfolio pricing is “now almost back at the 2014 level” in terms of technical ratio, and at the 2015 level for the return on risk-adjusted capital, according to Victor Peignet, Chief Executive Officer (CEO) of SCOR Global P&C. Speaking in an interview with Reinsurance News, Peignet said that SCOR ... Read the full article
Nat cat modelling more mainstream and better understood than ever: CoreLogic
9th October 2018
Natural catastrophe modelling has become a more mainstream practice built into the workflow of major insurance companies and moved past being viewed as merely “scientists in a backroom”, according to William Forde, Senior Director of Insurance and Spatial Solutions at CoreLogic. Speaking alongside the firm’s Principal & Chief European Scientist, Ivan ... Read the full article
Technology is main source of new opportunities for Swiss Re: CEO Mumenthaler
8th October 2018
Technology continues to represent the main source of new opportunities for Swiss Re in terms of unlocking new risk pools, streamlining data analysis, improving the value chain, and third-party collaborations, according to Christian Mumenthaler, Chief Executive Officer (CEO) of Swiss Re. Speaking in an interview with Reinsurance News, Mumenthaler explained how, ... Read the full article
Hannover Re “takes advantage” of expanding alternative capital space: Henning Ludolphs
3rd October 2018
Germany-based reinsurance giant Hannover Re is embracing varied forms of alternative, or third-party reinsurance capital structures and solutions, and anticipates continued growth for the insurance-linked securities (ILS) sector in the future. Alternative reinsurance capital continues to grow its share of dedicated reinsurance capital, expanding to $95 billion during the first-quarter ... Read the full article
Potential for alternative capital to expand beyond nat cat: Hannover Re CEO Wallin
25th September 2018
As alternative capital continues to play an increasingly important role in the natural catastrophe space, Hannover Re’s Chief Executive Officer (CEO) Ulrich Wallin has discussed the potential for these markets to be utilised in other areas of the reinsurance industry. Speaking in an interview with Reinsurance News, Wallin noted that, following ... Read the full article
Private sector vital to successful closing of Asia’s protection gap: Peak Re’s Kershaw
20th September 2018
As Asia’s increasing economic prosperity continues to drive its countries to further develop and expand infrastructure, reinsurers are faced with one of its most important and complex tasks of the 21st century: ensuring that these regions and its people are protected from the inevitable impact of future natural catastrophes. The Managing ... Read the full article
Re/insurers overestimate the value of AI, says Swiss Re CEO Mumenthaler
18th September 2018
Reinsurers have overestimated the value of artificial intelligence (AI), which has shown very limited successes in the vast majority of the value chain and which will not be applicable in the foreseeable future, according to Christian Mumenthaler, Chief Executive Officer (CEO) of Swiss Re. Speaking in a German language interview with ... Read the full article
Companies that don’t embrace change face irrelevancy: Ed CEO Steve Hearn
14th September 2018
Companies that fail to embrace new dynamics and “Continue to peddle the old model” will ultimately become redundant, says Steve Hearn, Chief Executive Officer of the London and global insurance and reinsurance brokerage, Ed. In a conversation at the Reinsurance Rendez-vous with Hearn and Kieran Angelini-Hurll, CEO of Reinsurance at Ed, ... Read the full article
Companies that have embraced tech will be well placed for the future: Faries, Tokio Millennium Re (Bermuda)
11th September 2018
Reinsurance companies that have started to adjust their operations and that have embraced the rise of technology are positioning themselves well for the future, according to the Head of the Bermuda branch of Tokio Millennium Re AG (TMR), Kathleen Faries. Reinsurance News recently spoke with Faries to discuss trends in the ... Read the full article
Tremor’s “smart market” platform is a new nexus for risk transfer: Founder & CEO, Sean Bourgeois
10th September 2018
Tremor Technologies, Inc.'s (Tremor) "smart market" platform can become a new nexus for risk transfer through its use of the latest technology that aims to improve both the efficiency and transparency of the wholesale risk and reinsurance industry, according to Sean Bourgeois, Tremor's Founder and Chief Executive Officer (CEO). Tremor ... Read the full article
Swiss Re anticipating “broadly stable” renewal rates, says CEO Mumenthaler
10th September 2018
Swiss Re is expecting reinsurance renewal rates to remain “broadly stable” given the current level of competition in the market environment, according to Christian Mumenthaler, Swiss Re’s Chief Executive Officer (CEO). Speaking in an interview with Reinsurance News, Mumenthaler said: “After many years of price erosion in major non-life insurance markets, ... Read the full article
Technology unlocking ‘un-modellable’ catastrophe risks, says CoreLogic’s Larsen
21st August 2018
Recent advances in technology and data analysis have opened new opportunities in catastrophe risk modelling, allowing companies to tackle perils that were previously considered ‘un-modellable’, according to Tom Larsen, Senior Director, Content Strategy at CoreLogic. Larsen explained that risk models support re/insurers in many aspects of loss mitigation for large catastrophes, ... 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.
