Close Quarter
Markel’s Castriotta: Cyber war incidents causing physical events top concern for industry
Aon’s Schultz: ILS has “broken through the ceiling” on cyber, but growth will be curtailed
Aon’s Schultz: Cat bond issuance to reach record high of $15bn in 2023
Russell Group’s Basi: Insurance must become more “tactical” in dealing with systemic risk
Newfront’s Lipkin: AI is a “once-in-a-generation opportunity” to reshape an industry
Moody’s RMS’ Biyikoglu: Siloed systems and complex integration detrimental to modelling capabilities
Aon’s Fiore and Superczynski: (Re)insurers must be flexible to attract capital
Aon’s Dittman: Reinsurer appetite up at 1.6 as FL rates increase 25-35%
Moody’s RMS’ Steel: Exclusions will be an “inhibitor” to cyber market growth
Markel’s Finsness: Casualty rates will stabilise once newer players “feel the pain too”
Aon’s Henderson: Cat models are the “language” of risk transfer
Acrisure’s Sutton: Long-term relationships are “forged” in a hard market
ASIC CEO Barder: Covid, PE and MGA momentum behind E&S growth
Aon’s Lambrou: Frustrated clients look to differentiate themselves in challenging cat market
Supercede’s Rose: Cedants in “firing line” for renewal season turmoil