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The idea that challenges such as climate change can be tackled by simply increasing rates is a misconception—as is the market’s obsession with describing a hard market. Instead, the focus should be on the nature of coverage and helping clients better manage risk. 11 September 2022
Insurance
Reinsurance broker TigerRisk Partners has formed what it is calling a cat capacity SWAT team, dedicated to identifying new sources of property-catastrophe capacity, as a potential capacity crunch looms for cedants ahead of next year’s cat renewals, many of which are themselves seeking more coverage as property exposures soar. 11 September 2022
Insurance
A highly complex risk environment caused by influences within and outside of the sector, coupled with the evolving dynamics of a hardening market, are generating significant volatility within the reinsurance sector, yet there is much to inspire confidence among re/insurers. 11 September 2022
Insurance
With rates hardening and capacity shrinking in some lines there seems to be a perfect storm brewing for the re/insurance industry. But this storm is not so perfect, according to Chris Bonard, chief executive officer, Bermuda, of Inver Re. 11 September 2022
Insurance
Insurtechs are booming and, as a result of the COVID-19 pandemic, these companies, and other agile firms in the industry such as managing general agents (MGA)s and third party administrators (TPAs), look set to play an ever more vital role in the future structure of the re/insurance industry. 11 September 2022
Insurance
Hugh O’Donnell, chief executive officer at Bermuda Brokers, told Intelligent Insurer of two main developments in Bermuda’s evolution as a “vibrant and diverse” marketplace. 11 September 2022
Insurance
Ben Zehnwirth, the founder and managing director of statistical solutions provider Insureware, is unperturbed by the swathe of macroeconomic trends sweeping the globe as the firm offers unique insight to its clients. 11 September 2022
Insurance
The world is changing rapidly in ways that seemed unimaginable less than a decade ago. How can re/insurers assess risk and deploy resources in such a frenetic environment? Swiss Re group CUO Thierry Léger explains how. 11 September 2022
Insurance
The future of ILS sees an evolution of Aon’s role: new types of clients and risk, broader geographic opportunities, and structural changes that will enable growth, says Aon’s Paul Schultz. 11 September 2022
Insurance
There’s no point in devising novel solutions for systemic risk if reinsurers won’t put capital behind them. That’s why Guy Carpenter’s new global head of public sector, Julian Enoizi, will be hoping to bring everyone together at the Monte Carlo Rendez-Vous. 11 September 2022
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