#ReinsuranceMonth
Lexicon's William Pitt: Capital inefficiencies holding back insurance sector growth
Lloyd's CEO John Neal on ambition: Is $100bn growth target enough?
Verisk’s Shavel: AI making it easier to calculate casualty exposures
GC’s Carter and Aspen’s Cloutier on capital selectivity, discipline and innovation
Ex-Willis Re CEO Cavanagh welcomes WTW return to reinsurance broking
Moody's Rahnama: If Hurricane Otis had hit Miami it could have caused $100bn in losses
Gallagher Re’s Wakefield and Flasinski: “Our focus is on being the most client centric”
MS Re’s Wiest: Capacity is there at the right price
Moody’s Muir-Wood: Social and economic inflation make parametric covers appealing
Lockton Re’s Bisset: Retro capacity to rise as clients seek frequency covers
Swiss Re’s Lohbeck: Cyber, credit and construction lead specialty reinsurance opportunities
Moody’s Brookes: Improved cyber and secondary perils data creating ILS opportunities
Moody’s plans SCS model launch in 2025 amid rising industry demand
Aspen CEO Cloutier aims to keep group whole in future capital event
Swiss Re’s Lot: Five year >$100bn nat cat loss record musn’t be sidelined in renewal discussions
Recent Industry Event Coverage
TAG’s Nigro: “I’m not worried about 15x MGA valuations, I worry my clients will miss out”
CEO Nakatsuji: Clearcover “well on the path to profitability” as auto conditions rebound
Jones: MS Transverse targeting “opportunistic” investments to capitalise on insurtech dislocation
CEO Schimek: Bolttech is now largest embedded industry player
Tangram’s Bernard: MGA has the benefit of tenure but mentality of a start-up
Rainbow’s Touran: Insurtech looking to capitalise on dislocation in admitted SME market
Cohen: Arden’s successful wildfire product shows the ability of MGAs to problem solve “quickly”
Schiavone: Hub and SPG tie-up enabled SUIS to bring products to market quickly
Bohan and Speckman: Property MGA deals getting easier to place while casualty is a “mixed bag”
Hanson: CrossCover to expand line size to $50mn and explore product line expansion
Howden’s Jameson: Greater alignment of interests needed to get programs off the ground
Sands Point’s Kearns: MGA to expand into new lines of business before year-end
Breslin: Clear Blue eyeing fronting consolidation opportunity
Obsidian’s Jewett: “Profitability cures a lot of potential ills” as fronting boom continues
NARS’ Ruryk: Rising specialisation means more claims need to be outsourced to TPAs
McGriff CEO Davis: Retailer’s growth trajectory to accelerate under new ownership
Peiser: Aon’s Risk Analyzer tools helping brokers design better programs and win business
Sompo Intl’s James: 1.1 renewal discussions shaping up to be “rational” and “sensible”
Navigators’ Garrison: Carrier looking to take advantage of strong property conditions
Climate change forces a review of how to profitably underwrite business: RPS’ Nadler
CRC’s Kessler: Data has enabled delivery of exclusive capacity to retail clients
OIP: Tech tailored for the E&S industry
KBW’s Satkauskas: Munich Re remains standout stock among Europe’s Big Four reinsurers
GC’s Hochberg: Market “inflection point” driving need for more capital solutions
EY’s Santenac: Regulation is likely coming to the US for ESG
News in Focus
Bretton Woods’ Barron: Taylor Swift cancellations unlikely to affect contingency rates
Pitt: Family offices interest in sector on the rise
CRC Group’s Carlson: D&O soft market may be coming to an end
Axis’ Freeman: Cyber no different from any other risk, everything correlates in the tail
Aon’s Schultz: Cyber ILS poised for growth in wake of CrowdStrike outage
Twelve Capital’s Ramseier: Size matters more than ever in the ILS market
Ruth Lux: Insurers can play critical role in climate resilience planning
Pitt: Insurance sector's poor data management a barrier to capacity coming into the industry
Skyward’s Robinson: Litigation finance could push insurance out of key sectors
TWFG’s Bunch: Successful IPO reflects “pent-up” investor demand for brokers, new issues
Aon’s Minor: Ukraine public-private ri treaty should be replicated in other locations
Wagstaff: Labour's victory brings “change and continuity" for London Market
Arbol CEO: $60mn Series B funding to target US homeowners insurance
Swiss Re’s Holzheu: Falling interest rates unlikely to lessen industry returns
RiverStone’s Tanzer: Scale critical as legacy market demand shifts towards capital release
Young Meteors
SiriusPoint’s Howell knows what's important
RiverStone’s Vincent: A big fish in a big pond
A firefighter department’s loss is the insurance industry’s gain… and maybe the planet’s
MS Amlin’s Rizou: Insurance (surprisingly) is not boring
LMG Futures Academy alumni to begin full-time roles in insurance
Supercede’s Ben Rose has done it all and he can play the piano better than you
Young Meteors with Liberty's Louisa Arrowsmith
Young Meteors with Mosaic’s George Cole
Young Meteors with Acrisure Re’s Amy Potten
Close Quarter
Markel’s Davies: Diverse employees boost financial performance
Defective title coverage grows in importance as art provenance faces scrutiny
Aon: Reinsurer appetite for earnings covers slowly returning ahead of 1.1.2025
Arch’s Williams: Digitalisation to reshape London market over next decade
GC’s Mowery: “Vibrant” reinsurance market bolstered by structural changes
Fusion's Cavanaugh and ChainThat's Acharya on digital distribution, adaptable platforms and data utilisation
GC’s Carter: 2024 Marsh McLennan Rising Professionals to highlight opportunities amid the chaos
Xceedance’s Parcelli: Gen AI crucial for MGA efficiency
TAG’s Nigro: “I’m not worried about 15x MGA valuations, I worry my clients will miss out”
Halsband: MGA valuations and M&A activity not a “bubble”
Howden Re’s Webb: Cyber market shackled by poor data, but improving
Howden Re’s Flandro: Insurers must write more cyber risk
Howden Re’s Lynch: Cyber insurance market to skyrocket to ~$43bn by 2030
Markel’s Kryszon: Industry “one to two quarters away” from D&O inflection point
Crawford’s Van Bakel: Signs insurance industry’s litigation woes aren’t going away
Leading Voices
Conduit Re to avoid writing cyber due to unquantifiable systemic events
O’Shea targets diversification as CFC looks to go where “others may fear to tread”
Carnegie-Brown replacement must have “huge heart” for market: Scor’s Léger
Scor’s Léger: US casualty playing out “as feared”
Léger: Scor will “grow earlier rather than later” in continued hard market
Michael Wade: “The potential £25bn follow market within Lloyd's cannot be ignored”
BMS to grow MGA and international footprint with Eurazeo “firepower”
BMS aims to “outmuscle opposition” to meet ambitious growth targets following Eurazeo buy-in
Hampden CEO: Lloyd’s rules to attract private capital “could be simpler”
Asta CEO: Culture has “come a long way” but “still more to do”
GC’s Becker: Insurers looking towards alternative capital as retentions increase
BMS’ Gillett: International unit to grow “aggressively” by 2028
Lancashire's Maloney predicts "more orderly" Florida renewals
Volante’s Bains: Successful growth can’t be about chasing “big scores”
McGovern: No benefit to UK being “first mover” on OECD tax
Programmes
Risk Spotlight: H&S beats cyber as top priority for D&Os
Smarter Way to Risk: Digital trading set to augment £20bn London market premium opportunity
Peace of mind amid the radical uncertainty of cyber
Aon’s Zakhary: Industry must seize “immeasurable opportunity” from energy transition
Risk Spotlight: How do you know your ESG initiatives are having an impact?
Risk Spotlight: One reinvented workplace, many new threats
Imagining the future of work
The Insurer TV panel: Cautiousness creeping into the casualty reinsurance market
The Insurer TV: Reinsurers’ resolve stiffened at mid-year after earlier disappointment
LSM’s Pedler: SAR data can enhance claims process
Axa Climate’s Dufetel: Tech-enabled parametric solutions key for complex flood risk
Panel discussion: On the front line of flood risk
Reputation: How do you protect a modern day asset in a complex world?
Climate change: the amplifier of all industry risks
CEO panel calls for focus on future climate impacts amid escalating nat cat losses