OIP: Innovation under pressure spurs growth in E&S marketShawnae Bentley and Martina Seferovic of OIP believe the company's strategic emphasis on knowledge and education over merely adopting technology has propelled its expansion in the competitive E&S market.
We remain optimistic about the outlook for our business in 2024 and beyond, focussing on continued, targeted growth and active capital management as the rate environment normalisesAdrian Cox, CEO of Beazley, following the group’s Q1 trading update
Lessons from 1.4: Gallagher Re’s James Vickers on the outlook for reinsurers and buyers at upcoming renewals TVThis year’s 1.4 renewals saw a continuation of many of the trends which characterised the 1 January renewal season, with reinsurers more confident in their appetite to grow but some struggling to fulfil their premium appetite.
TV Close QuarterRenewalsSupercede’s Rose: Cedants in “firing line” for renewal season turmoilThe quality of data and the manner in which cedants are presenting it to reinsurers ahead of key renewal periods has been a big factor behind some of the turmoil and delays the market has experienced, according to Supercede co-founder and president Ben Rose.Thu 27 Apr 2023
TV Leading VoicesD&OWTW’s Swift: “Unpalatable” rates and conditions forcing some business out of the marketBuyers are expressing increasing irritation and frustration at the current state of the insurance market as rate hikes and tightened terms and conditions risk becoming “unpalatable”, WTW’s Alastair Swift has warned.Wed 5 Apr 2023
TV News in FocusRenewalsLloyd’s Neal: “Genuine threat” of mid-year capacity crunchThere is a “genuine threat” that the capacity shortage witnessed at 1.1 will feed through to the June and July renewals, Lloyd’s CEO John Neal has warned, but the strong underwriting results delivered by the market in 2022 should go some way to attracting new capital.Mon 27 Mar 2023
TV News in FocusProperty catastropheGC’s Mowery: “Difficult” lessons from 1.1 will lead to more orderly 1.4The upcoming 1 April renewals are expected to be more orderly as reinsurers draw from the most recent 1.1 experience to form a set of clearer structures and specific parameters in their approach, according to Guy Carpenter’s Lara Mowery.Tue 21 Mar 2023