News in Focus

Technology

AdvantageGo: AI is not going to take the place of the underwriter

Some commentators have suggested 2023 will be the year of the bionic underwriter – one who is able to leverage data, technology and human capital to underwrite as efficiently as possible.

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GC’s Mowery: “Difficult” lessons from 1.1 will lead to more orderly 1.4

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Property catastrophe

GC’s Mowery: “Difficult” lessons from 1.1 will lead to more orderly 1.4

News in Focus

Technology

Reinsurers still keen to invest in “good” insurtechs despite chill winds: HSCM’s Jones

The capital coming in right now is making a commitment to the space and is very focused on the fact that those changes that happened at 1.1, and the types of things that will make for a profitable environment, need to stay in place

Lara Mowery, global head of distribution at Guy Carpenter

Aon’s Schultz: 2023 will see cat bond issuances return to “record levels” at $11bn+

Cat bond issuance levels are expected to reach record levels in 2023 with Aon Securities CEO Paul Schultz predicting north of $11bn as a “reasonable outcome” following a muted end to 2022 as a result of investor uncertainty and frustrations.

Bermuda Risk Summit 2023: Event wrap up

Bermuda Risk Summit 2023 event wrap up

This week over 450 delegates gathered at the Hamilton Princess, Bermuda to attend the annual Bermuda Risk Summit for 2023, hosted by the Bermuda Business Development Agency.

Aon’s Schultz: Modelling inaccuracies “principal concern” for ILS market

Close Quarter

Capital

Aon’s Schultz: Modelling inaccuracies “principal concern” for ILS market

The industry’s inability to accurately calibrate models is the “principal concern” for ILS investors, with 2022’s loss experience exacerbating this issue and causing a number of deals to be delayed during the fourth quarter, according to Aon Securities CEO Paul Schultz.

News in Focus

BDA’s Hart: The Bermuda Risk Summit will return in 2024

Following the success of this year’s Bermuda Risk Summit, which attracted over 450 attendees, the Bermuda Business Development Agency’s CEO David Hart has confirmed the event will once again return in 2024 for a third year.

AdvantageGo: AI is not going to take the place of the underwriter

Latest Videos

GC’s Mowery: “Difficult” lessons from 1.1 will lead to more orderly 1.4

Reinsurers still keen to invest in “good” insurtechs despite chill winds: HSCM’s Jones

More Latest Videos

Aon’s Schultz: 2023 will see cat bond issuances return to “record levels” at $11bn+

Bermuda Risk Summit 2023 event wrap up

Aon’s Schultz: Modelling inaccuracies “principal concern” for ILS market

BDA’s Hart: The Bermuda Risk Summit will return in 2024

AdvantageGo: AI is not going to take the place of the underwriter

GC’s Mowery: “Difficult” lessons from 1.1 will lead to more orderly 1.4

Reinsurers still keen to invest in “good” insurtechs despite chill winds: HSCM’s Jones

“D&O underwriters are not going to forget what happened with SVB”: RT ProExec’s LaCroix

Mosaic’s Wheeler calls for focus on rate adequacy as inflation bites

IQUW’s Lamer: “Latent demand” will lead to growth opportunities in property for some time

BDA’s Hart: The Bermuda Risk Summit will return in 2024

Ching targets dislocated property cat business with new ReFlex Bermuda broker launch

Mosaic’s DeLong calls for governments to assess cyber attribution and help bring clarity to market

Ariel Re’s Pedraja targets property growth after $270mn capital raise

ISA’s Siegel: Future of human/social services business at the mercy of legislation and social inflation

Aon’s Schultz: 2023 will see cat bond issuances return to “record levels” at $11bn+

Aon’s Schultz: Modelling inaccuracies “principal concern” for ILS market

GC’s Hochberg: More “mega” legacy deals in 2023 as hard P&C cycle drives demand

Crawford’s Verma: 100-year event metric is no longer relevant

GC’s Enoizi: Industry must focus on “systemic solutions for systemic risks”

GC’s Enoizi urges industry to improve “blending” of risk adaptation and risk financing

LifeScienceRisk’s Gill: Life sciences insurers must be “forward-thinking” to enable prototype development

Millette: Dislocation means cat markets won’t clear at 1.1 but welcomes direction of reforms

Moody’s: P&C insurers “must get fundamentals right” to ensure sustainable growth

Apollo’s Slaughter: Reinsurance crucial to next stage of cyber evolution

Scor in “materially better place” as company turns the page after difficult 2022: KBW

German reinsurance duo best positioned to take advantage of opportunities at “late and messy” 1.1 renewal

Mapfre Re’s CEO ready to develop portfolio but warns structural changes needed at 1.1

Axis’ Tizzio: E&S rates show “continued firming” in response to loss cost trends and nat cats

RenRe’s O’Donnell: Early clear message at 1.1 helped preserve cedant relationships

O’Donnell: FL regulatory changes alone not enough to change RenRe appetite

Arch International CEO bullish carrier can “outpace pedestrian growth” amid dislocation opportunities

QBE confirms global cyber growth strategy amid “great time to be an underwriter”

Some reinsurers went “too far” at 1.1: LSM’s Hobbs

CEO Brad Irick puts TMK in “winners” corner

Beazley’s Cox: “What if” risk scenarios topping CEO concerns in volatile times

Beazley’s Cox: Industry hasn’t proved it can “successfully underwrite” for climate change

Markel bullish on construction business as US infrastructure bill drives growth - Noble

GC’s Priebe: 1.1 property pricing up 40-60% in N America, 25-35% in Europe/UK

GC’s Priebe: Reinsurers’ reluctance to provide quotes created “late and fragmented” renewal

Andrew Kendrick: London “always” needs independents to challenge the Marsh/Aon hegemony

KCC’s Clark: industry needs to move on from “archaic” model customization

Aon’s Marcell: Leveraging property cat dynamics in casualty is a “mistake”

KCC’s Clark: Climate change means more $20bn-$40bn industry loss events

Risk Spotlight: How do you know your ESG initiatives are having an impact?

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

Organised chaos: a cyber market story

ESG Roundtable: the next steps after COP26

Key takeaways from RenRe’s latest Risk Mitigation Leadership Forum 2022

CISL’s Seega: Cross-industry collaboration “absolutely key” to solving puzzle of climate

RenRe’s Manson urges industry to accelerate collaboration with emergent carbon markets

RenRe’s Carr: Industry must create momentum behind climate sustainability or face a “tragedy on the horizon”

Aon’s Dudley urges industry against “complete exclusion” from fossil fuels

#ReinsuranceMonth 2022: The highlights

Accredited Europe: Growth in fronting space must be “controlled”

ABIR’s Huff: Bermuda “will excel” in offering proprietary views of cat models

EY’s Santenac: Industry must solve “paradox” in supporting clients’ ESG goals and global energy needs

RPC’s James Mee: M&A muted but open for the right buyer and target

R&Q’s Corver: Due diligence critical to managing social inflation as urges “buyers beware”

Technology will help industry counter inflation woes: eReinsure’s Best-Devereux

Acrisure management look to next phase of growth as premiums surge to $32bn

PM panel: Reinsurance has been “backbone” of MGA growth

Axis Re eyes cyber as part of wider specialty growth