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A $30 billion increase in loss costs last year must drive the market to support sustained price increases, Jill Beggs, Everest Re’s head of North America Reinsurance, told Monte Carlo Today. 11 September 2022
Insurance
Natural catastrophes and volatile markets weigh heavily on the H1 results of Munich Re, Swiss Re, Hannover Re, SCOR, according to a report on the four largest European reinsurers published by Moody’s Investors Service on August 25. 10 September 2022
Insurance
The insurance industry has had an issue with attracting younger people for some time—and that could now hurt the industry amid a so-called “great resignation”. Perhaps ironically, soaring inflation may help the industry with talent acquisition and retention, but that may take some time to manifest. 10 September 2022
Insurance
This year marks a ‘fundamental change’ in the market as inflation and hard market conditions kick in, says chairman of VIG Re, Johannes Martin Hartmann. 10 September 2022
Insurance
As the global reinsurer celebrates its 20th anniversary Dieter Winkel, president of LM Re, explains how the company’s joined-up thinking has ensured, and will continue to ensure, stability and sustainability in turbulent times. 10 September 2022
Insurance
Cedants understand that hardening rates in all lines must be borne by all in what is an intrinsically mutual global risk transfer industry, Laurent Montador, deputy CEO of CCR and CCR Re, told Intelligent Insurer. 10 September 2022
Insurance
An exodus of capacity from the property cat market has resulted in the best pricing in that sector since 2006—and this means a clear opportunity for reinsurers, says Bewlay. 10 September 2022
Insurance
‘The planets and stars are lining up, so maybe we'll play it for the next couple of years.’ 9 September 2022
Insurance
Workers’ comp remains ‘high, high, high ROE’ but still must come down as part of book 9 September 2022
Insurance
‘Reinsurance companies can pivot much faster to take advantage of risk-adjusted returns.’ 9 September 2022
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