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.
There may be some competition amongst certain markets at 1.1, NewRe CUO, Herrenpoth
21st October 2024
In the lead up to this year's Baden-Baden Reinsurance meeting, we spoke to Dirk Herrenpoth, Chief Underwriting Officer of Swiss reinsurer and Munich Re subsidiary, NewRe, about what his general expectations are heading into the key January reinsurance renewals. "A very frequently used word in Monte Carlo this year was equilibrium, ... Read the full article
New cat model brings ‘step change’ to flood risk management: Fathom’s Jones
18th October 2024
Covering all major flood perils globally with a comprehensive representation of uncertainty and conditioned to the current climate, Fathom’s new Global Flood Cat model gives the industry a "step change" in its ability to manage flood risk, according to the firm's Chief Product Officer, Dr Matthew Jones. Built upon Fathom’s Global ... Read the full article
Pooling funds, transferring risks to insurers enhances coverage to those at-risk: Start Network
17th October 2024
In an interview with Reinsurance News, Abdou Alassane, Technical Lead, Crisis Anticipation and Risk Financing at Start Network, emphasised that pooling funds and transferring some risk to the insurance market has enhanced Start Network's humanitarian efforts, providing greater coverage to at-risk populations. Start Network is a global network of non-governmental organisations ... Read the full article
Climate-related disclosure data can help reveal insurers’ business-critical risk insights: Quiroga, Swiss Re
16th October 2024
Insurance and reinsurance companies can use climate-related disclosure data to reveal business-critical risk insights, point to growth opportunities and lift the quality of their underwriting, according to Swiss Re’s Paloma Quiroga. In a recent interview with Reinsurance News, Quiroga, Head Risk Consulting & Analytics explained that insurers face an array of ... Read the full article
Casualty re/insurance market is ‘reacting in a measured way’, says Chris Larson, SiriusPoint
8th October 2024
In an interview with Reinsurance News around the 2024 APCIA annual conference, Chris Larson, Head of Global Casualty Underwriting at SiriusPoint, highlighted how the casualty market is cautiously addressing challenges like rising losses ahead of the 1/1 renewals through rate implementation. Larson emphasised that in the U.S., there is significant pressure ... Read the full article
We have to take the challenge to fight climate change very seriously, R+V Re’s CEO
8th October 2024
As the intensity and severity of natural catastrophes continues to increase worldwide, there is more that the re/insurance sector needs to do to show its value in the climate fight, and according to Christoph Lamby, CEO of R+V Re, the German reinsurer, there are certain points that don't come across ... Read the full article
The Cayman Islands is an advantageous environment for tech-driven (re)insurance start-ups: Greenlight Re
7th October 2024
In a recent interview with Reinsurance News, Greg Richardson, Chief Executive Officer of Greenlight Re, stated that the Cayman Islands is an "advantageous environment," particularly for tech-driven (re)insurance start-ups. "Speaking from a P&C standpoint, Greenlight Re has a meaningful presence in Cayman as a P&C reinsurer. On a global scale, though, ... Read the full article
‘Consistent capacity’ is needed to help close protection gap in Africa: Shah, ASR CEO
4th October 2024
As a developing Continent that is seeing increased interest in business investment, Africa presents growth opportunities for insurers and reinsurers, Mikir Shah, CEO of Africa Specialty Risks (ASR), said in a recent interview with Reinsurance News. At the same time, there is a shortage of insurance capacity across the continent, which ... Read the full article
Optimism high in re/insurance following record results, yet challenges persist: EY
30th September 2024
With the re/insurance industry returning to profitability and many firms achieving record results in 2024, there’s reason for optimism. However, key challenges like high inflation, climate change, and geopolitical instability persist, according to Isabelle Santenac, EY’s global insurance leader, and Rodney Bonnard, UK financial services market leader. Speaking with Reinsurance News ... Read the full article
Cooperation between local & global re/insurance markets key to support booming economy, energy transformation in CEE: Smartt Re
27th September 2024
The importance of working with local re/insurers in Central and Eastern Europe (CEE) countries like Poland is crucial to improve capacity, especially with big infrastructure and energy projects ahead, Tomasz Libront, CEO of Smartt Re, commented in a recent interview with Reinsurance News. The CEE region is entering a new era ... Read the full article
Resilient economy to drive strong insurance growth in India: Amitabha Ray, Swiss Re
20th September 2024
In a recent interview with Reinsurance News, Amitabha Ray, Market Head of India at global reinsurance giant Swiss Re, described India's economy as resilient despite the current high consumer price inflation, with insurance sector growth above the global trend expected in the region. Ray disclosed that total insurance premiums are projected ... Read the full article
Growth could be challenged when current pricing momentum starts to moderate: Thompson, Gallagher Re
19th September 2024
Growth was a key topic for re/insurers at RVS 2024, Will Thompson, Global Head of Clients of Gallagher Re, commented, but this could be challenged when the current strong pricing momentum begins to moderate. Speaking with Reinsurance News at the annual meeting of the reinsurance industry in Monte Carlo, Thompson said: ... Read the full article
Rate is adequate in most lines we’re in, it’s too soon to backpedal: Dale Underwriting CEO
18th September 2024
Duncan Dale, founder and Chief Executive Officer (CEO) of Dale Underwriting Partners, told Reinsurance News that rating is adequate in most of the lines the specialist re/insurance provider operates in, with little room to go backwards as the carrier focuses on developing the right opportunities. Last week, we spoke with Dale ... Read the full article
One of the biggest problems we have as an industry is coverage: ConnectUW CEO
17th September 2024
There are numerous issues from the soft market era that have not been addressed in the current market, and until they’ve been properly attended to, the re/insurance industry is going to end up where it started, according to Group CEO and CUO of Connect Underwriting, Jamil Elbahou. ConnectUW is a specialist ... Read the full article
Evolving risk landscape presents new challenges for re/insurers in Asia: Peak Re’s Hahn
17th September 2024
One of the biggest challenges currently facing the Asian re/insurance market is the substantial protection gaps, particularly for natural catastrophes, according to Franz-Josef Hahn, Chief Executive Officer of Peak Re. Reinsurance News spoke to Hahn around this year's Rendez-Vous de Septembre (RVS) in Monte Carlo about a range of topics, such ... Read the full article
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