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.
The tragedy in Baltimore may cause reinsurance carriers to establish more pricing resolve throughout the rest of the yearPat Gallagher, CEO and chairman of Arthur J Gallagher, on specialty class outlook
Aon panel debate: Casualty capacity still available as renewal dynamics shift TVCasualty reinsurance markets are continuing to see sufficient capacity ahead of the 1.1 renewal despite ongoing concerns over adverse development in prior-year liability reserves, according to Amanda Lyons, senior managing director at Aon Reinsurance Solutions.
TV Close QuarterAon’s Van Slooten: Nat cat losses at $132bn and capital market volatility key concerns in latest ARA reportAon’s Reinsurance Aggregate (ARA) report has estimated global insured nat cat losses last year at $132bn, which Mike Van Slooten said was the main focus for the report’s constituents with 2022 marking the fifth most expensive loss year since 2017.Wed 19 Apr 2023
TV Close QuarterCyberAon’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.Tue 14 Mar 2023
TV Close QuarterCapitalAon’s Schultz: Modelling inaccuracies “principal concern” for ILS marketThe 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.Fri 10 Mar 2023
TV Leading VoicesCasualtyAon’s Marcell: Leveraging property cat dynamics in casualty is a “mistake”Reinsurers should not seek to exploit the hard market dislocation in property cat to drive unwarranted rate increases in casualty and other long-tail lines because it may backfire, the head of the industry’s largest reinsurance broker warns.Thu 22 Dec 2022