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.

2019 is the year of building the toolkit: Catlin, Brand, Convex

11th October 2019

Specialty insurer and reinsurer Convex continues to build its toolkit and lay strong foundations in a changing reinsurance market landscape, explains Stephen Catlin and Paul Brand. In an interview with Reinsurance News, Convex co-founders Catlin and Brand, discussed the thinking behind the launch of the international specialty re/insurer, the story so ... Read the full article

More industry change in next three years than previous 30, says Hearn

27th September 2019

Chief Executive Officer for BGC Insurance Group, Steve Hearn, is anticipating more change to take place across the re/insurance industry in the next three years than in the previous 30. Speaking recently with Reinsurance News, Hearn added that after 330 years in existence, the industry is undergoing massive, technology-driven changes to ... Read the full article

Cyber re/insurance is unsustainable on its current path: Arceo’s Ben Beeson

20th September 2019

The cyber insurance and reinsurance market is likely to be unsustainable if it continues on its current path, but better use of data and more informed regulation may offer a solution. This is according to Ben Beeson, Founding Member and Head of Insurance at Arceo, a risk analytics provider for the ... Read the full article

Mumenthaler lays out key growth opportunities for Swiss Re

18th September 2019

Christian Mumenthaler, Chief Executive Officer (CEO) at Swiss Re, has identified what he sees as key growth opportunities for Swiss Re and the wider reinsurance market, as well as some potential challenges. Speaking in an interview with Reinsurance News, Mumenthaler noted that insurers have been buying more reinsurance following the catastrophe ... Read the full article

Casualty market disconnected from previous cyclical change: Newman, Willis Re

13th September 2019

In casualty lines of business the reinsurance tail is no longer wagging the primary dog, as the market has disconnected from previous cycle changes, according to Andrew Newman, President of Willis Re. In an interview with Reinsurance News, Newman discussed current dynamics within the casualty reinsurance market and underlined primary insurers’ ... Read the full article

Innovative data & tech enhances mutual value creation for Swiss Re: Eric Schuh

12th September 2019

The use of advanced technology and leading data-analytics supports Swiss Re’s innovation efforts as the global reinsurer keeps clients’ needs at the heart of everything it does, according to Eric Schuh, Global Head of P&C Solutions, Swiss Re. Being one of the largest reinsurers on the planet, Swiss Re has an ... Read the full article

Global reinsurance sector needs global corrections, says AXIS Re CEO, Arora

11th September 2019

Overall, current rate increases are not sustainable and the reinsurance market needs to correct itself on a global basis, says Steve Arora, Chief Executive Officer (CEO) of AXIS Re. Speaking with Reinsurance News at the annual meeting of the reinsurance industry in Monte Carlo, Arora, CEO of the reinsurance arm of ... Read the full article

Brokerage is not an expense, says Willis Re Deputy Chair Hvidsten

11th September 2019

Reinsurance brokerage costs and commissions are not an expense for reinsurers and Willis Re sees little demand for substantial change on broker remuneration, according to Deputy Chairman Mark Hvidsten. Speaking to Reinsurance News in an interview, Hvidsten laid out the value that he feels a reinsurance broker brings to its clients, ... Read the full article

Reinsurance is still as much art as science, says Allianz Re CEO, Amer Ahmed

10th September 2019

Despite the rise of technology and other market disruptions, relationships remain a key component of the reinsurance landscape and the business is still a combination of both art and science. This is according to Amer Ahmed, Chief Executive Officer (CEO) of global insurer Allianz’s reinsurance division, Allianz Re. Reinsurance News met ... Read the full article

Consistent underwriting & strong partnerships the focus for NewRe: CUO Klinger

10th September 2019

Over the next few years, NewRe, a wholly owned subsidiary of Munich Re, is committed to consistent underwriting and the establishment of strong partnerships across Europe. This is according to Artur Klinger, Chief Underwriting Officer (CUO) Property & Casualty at NewRe, who recently met with Reinsurance News to discuss the firm’s ... Read the full article

Technology won’t replace relationships in reinsurance: Hvidsten, Willis Re

10th September 2019

The important role technology plays in brokers’ service offering is set to increase and while it can and will help to improve efficiency, it’s unlikely to disrupt the reinsurance broking market, says Deputy Chairman of Willis Re, Mark Hvidsten. Technology continues to advance at a rapid pace and is increasingly influencing ... Read the full article

For protection gaps, the key issue remains demand: Vickers, Willis Re

10th September 2019

When it comes to closing much-discussed protection gaps the insurance and reinsurance industry cannot work alone and must partner with other organisations to help to increase demand for protection, according to James Vickers of Willis Re. The Willis Re International Chairman told us in an interview that “reinsurance alone cannot help ... Read the full article

Reinsurance pricing is still too low, says Swiss Re CEO Mumenthaler

10th September 2019

Christian Mumenthaler, Chief Executive Officer (CEO) at Swiss Re, believes pricing in the property and casualty (P&C) reinsurance sector is still at an unacceptable level despite improvements over the last two years. Mumenthaler told Reinsurance News in a recent interview that he was confident the market would continue to bring pricing ... Read the full article

PartnerRe CEO optimistic on market, sees private capital model as competitive advantage

9th September 2019

Emmanuel Clarke, the President and CEO of reinsurance firm PartnerRe, told us he is optimistic on market conditions, seeing the potential for rates to continue firming into 2020. Clarke also explained to us in a recent interview that he feels PartnerRe’s privately-owned capital model is a true competitive advantage, enabling the ... Read the full article

Improved reinsurance conditions to persist and on a wider scale: Althoff, Hannover Re

9th September 2019

More rational behaviour was evident across the reinsurance industry at the mid-year renewals and it’s expected that reinsurance prices and conditions will continue to improve through 2019 and into 2020, according to member of Hannover Re’s executive board, Sven Althoff. In an interview with Reinsurance News, Sven Althoff discussed the response ... Read the full article

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