News in Focus

Axis Wholesale doubles down on E&S sector and eyes lower mid-market growth

The launch of Axis Capital’s dedicated wholesale division represents a doubling down on a sector that has seen consistent strong growth in recent years, according to Carlton Maner.

Moody’s RMS’ Rahnama: 2020-2030 nat cat losses to nudge ~$2trn

Losses from natural catastrophes are expected to total $1.5trn-$2trn in the decade to 2030, according to Moody’s RMS, with chief risk modelling officer and executive VP of models and data Mohsen Rahnama asserting that frequency and severity will continue to “increase substantially”.

RPS’ Manny Cho: Buyer’s market in ML/PL to continue for foreseeable future

An abundance of capacity means the current softening conditions in segments of management and professional liability – led by sharp declines in public D&O pricing – are likely to persist, according to Manny Cho, executive vice president for executive lines at Risk Placement Services.

Markel’s Noble: Complexity and volatility is where specialty carriers thrive

A challenging and complex trading environment with heightened volatility is creating opportunities for specialty insurers to thrive, as long as they focus on rate adequacy and underwriting profitability, according to Markel’s president Jeremy Noble.

RT Specialty’s McCormack: No slowdown in E&S market momentum

There is no sign of a slowdown in the momentum that has driven double-digit E&S market growth in each of the last five years, according to RT Specialty president Ed McCormack.

Leadenhall Capital’s Albertini: ILS market relishing “perfect” growth conditions

Building connections: Bronek Masojada on how he hopes to empower the local community in Sheriff’s role

Howden’s Simkin: Cyber attribution must not become obstacle in claims payments

Oliver Wyman’s Ellison: $100bn early target for industry Ukraine Development Fund

LMG launches inaugural Futures Academy

LMG CEO calls for “specifics” from regulators on “pace of change” following passing of FSM Bill

Reed Smith’s Ellison: “Bellwether” SC PFAS case to determine future litigation

State National’s Case: Fronting capacity tops $10bn amid healthy market for new programs and renewals

Reclaim Finance’s McCully: NZIA on “life support” following mass exodus

One80’s Power: Business diversity key driver behind acquisitions

Emerald UW: “Crucial” capacity relationships key to successful first year

AM Best’s Keenan: Program sector’s rapid expansion set to level off

BMS Re’s Bohan: E&S “explosion” key factor in MGA growth surge

MS Transverse’s Matson: Reinsurers must behave “rationally” at renewals

Premier Burt: Bermuda “best placed” to withstand headwinds over other hubs

MGA XS Global: London has become the “hub of all hubs”

Convex US CEO Kumpf: MGU prepping entry into five new lines

Cloutier praises Lloyd’s as Aspen puts Lime Street at the heart of its renaissance

The Insurer TV: Reclaim Finance calls on Lloyd’s to “stop greenwashing”

GC’s Enoizi targets additional partners for Business Resilience Task Force

Lloyd’s Neal: “Genuine threat” of mid-year capacity crunch

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

Market conditions signal continued hardening in property cat

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

MGA XS Global: London has become the “hub of all hubs”

Convex US CEO Kumpf: MGU prepping entry into five new lines

Cloutier praises Lloyd’s as Aspen puts Lime Street at the heart of its renaissance

The Insurer TV: Reclaim Finance calls on Lloyd’s to “stop greenwashing”

GC’s Enoizi targets additional partners for Business Resilience Task Force

Lloyd’s Neal: “Genuine threat” of mid-year capacity crunch

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

Market conditions signal continued hardening in property cat

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

Vesttoo’s Henderson: $15bn non-cat ILS market to at least double in next 12-24 months

Ukrainian MP Mezentseva: Ukraine will be a “great opportunity” after the war

PPL’s Gordon: Next Gen is “most complex” change project ever executed in the London market

KAP’s Turner: Flexpoint Ford investment provides further fuel for M&A

KBW’s Satkauskas: Investor caution to “delay” wave of IPOs

European investors adopting “wait and see” on hard market benefits: KBW

Gallagher Re’s Bowen: $140bn cat loss year shows “extremes are getting more extreme”

CEO Robinson says Skyward aims to be the “best”, not the biggest

CEO Robinson: Timing of Skyward IPO was a “smart bet”

Beazley’s cyber cat bond Cairney could upsize to $250mn “relatively quickly”

Axis Wholesale doubles down on E&S sector and eyes lower mid-market growth

Moody’s RMS’ Rahnama: 2020-2030 nat cat losses to nudge ~$2trn

RPS’ Manny Cho: Buyer’s market in ML/PL to continue for foreseeable future

Markel’s Noble: Complexity and volatility is where specialty carriers thrive

RT Specialty’s McCormack: No slowdown in E&S market momentum

Aon’s Zakhary: Gen AI will boost capital flow into the market

WDS CEO: Insurers need to take “dramatically different approach” to climate change

ABIR’s Huff confident Bermudians will “manage” corporate tax, welcoming consultation

NOAA’s Rosencrans: “It's like two titans going at it right now”

MS Amlin’s Turner: “We must solve Europe's wildfire protection gap”

Hiscox’s Carslake: Martyn’s Law expected to drive uptick in extensions for cover around terrorism

Sompo’s Totten calls into question occurrence trigger for PFAS

MS Re’s Goldie: Property cat market now less chaotic, but one push on pricing not enough

The Future’s here, the future is London

CyberAcuView’s Camillo reveals approved cyber war language

Leadenhall Capital’s Albertini: ILS market relishing “perfect” growth conditions

Building connections: Bronek Masojada on how he hopes to empower the local community in Sheriff’s role

Howden’s Simkin: Cyber attribution must not become obstacle in claims payments

Oliver Wyman’s Ellison: $100bn early target for industry Ukraine Development Fund

LMG launches inaugural Futures Academy

More Videos

Leadenhall Capital’s Albertini: ILS market relishing “perfect” growth conditions

Building connections: Bronek Masojada on how he hopes to empower the local community in Sheriff’s role

Howden’s Simkin: Cyber attribution must not become obstacle in claims payments

Oliver Wyman’s Ellison: $100bn early target for industry Ukraine Development Fund

LMG launches inaugural Futures Academy

LMG CEO calls for “specifics” from regulators on “pace of change” following passing of FSM Bill

Reed Smith’s Ellison: “Bellwether” SC PFAS case to determine future litigation

State National’s Case: Fronting capacity tops $10bn amid healthy market for new programs and renewals

Reclaim Finance’s McCully: NZIA on “life support” following mass exodus

One80’s Power: Business diversity key driver behind acquisitions

Emerald UW: “Crucial” capacity relationships key to successful first year

AM Best’s Keenan: Program sector’s rapid expansion set to level off

BMS Re’s Bohan: E&S “explosion” key factor in MGA growth surge

MS Transverse’s Matson: Reinsurers must behave “rationally” at renewals

Premier Burt: Bermuda “best placed” to withstand headwinds over other hubs

MGA XS Global: London has become the “hub of all hubs”

Convex US CEO Kumpf: MGU prepping entry into five new lines

Cloutier praises Lloyd’s as Aspen puts Lime Street at the heart of its renaissance

The Insurer TV: Reclaim Finance calls on Lloyd’s to “stop greenwashing”

GC’s Enoizi targets additional partners for Business Resilience Task Force

Lloyd’s Neal: “Genuine threat” of mid-year capacity crunch

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

Market conditions signal continued hardening in property cat

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

MGA XS Global: London has become the “hub of all hubs”

Convex US CEO Kumpf: MGU prepping entry into five new lines

Cloutier praises Lloyd’s as Aspen puts Lime Street at the heart of its renaissance

The Insurer TV: Reclaim Finance calls on Lloyd’s to “stop greenwashing”

GC’s Enoizi targets additional partners for Business Resilience Task Force

Lloyd’s Neal: “Genuine threat” of mid-year capacity crunch

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

Market conditions signal continued hardening in property cat

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

Vesttoo’s Henderson: $15bn non-cat ILS market to at least double in next 12-24 months

Ukrainian MP Mezentseva: Ukraine will be a “great opportunity” after the war

PPL’s Gordon: Next Gen is “most complex” change project ever executed in the London market

KAP’s Turner: Flexpoint Ford investment provides further fuel for M&A

KBW’s Satkauskas: Investor caution to “delay” wave of IPOs

European investors adopting “wait and see” on hard market benefits: KBW

Gallagher Re’s Bowen: $140bn cat loss year shows “extremes are getting more extreme”

CEO Robinson says Skyward aims to be the “best”, not the biggest

CEO Robinson: Timing of Skyward IPO was a “smart bet”

Beazley’s cyber cat bond Cairney could upsize to $250mn “relatively quickly”