Moody’s RMS’ Biyikoglu: Siloed systems and complex integration detrimental to modelling capabilitiesModelling risk is challenging enough on its own, but siloed systems and complex integration pose additional technical challenges for clients, according to Cihan Biyikoglu, executive vice president of product at Moody’s RMS.
I detect no panic in the air but we have not reached an oasis of calm. Rather we are operating in a world that has settled on a plateau of manageable chaosPatrick Tiernan, chief of markets at Lloyd's
Lancashire's Maloney predicts "more orderly" Florida renewals TVLancashire CEO Alex Maloney has hailed current market conditions as the best for "more than a decade" but said investors will likely remain cautious on the sector until the market shows it can deliver consistent profitable returns.
TV Leading VoicesRenewalsAon’s Marcell warns reinsurers that client “relationships” are being tested by their 1.1 behaviourThe head of the industry’s largest reinsurance broker has arrived in London today with a stark warning that the behaviour of some reinsurers in the run-up to 1.1 is setting back client relationships with late quoting, mixed messaging and inconsistent changes to coverage terms.Mon 19 Dec 2022
TV Close QuarterProperty catastropheMillette: Dislocation means cat markets won’t clear at 1.1 but welcomes direction of reformsThe $20bn+ supply/demand gap for US cat will not be bridged in time for 1.1 but the broad thrust of reforms bodes well for an improved equilibrium in 2023, according to the co-founder of ILS fund manager HSCM.Mon 19 Dec 2022
TV Close QuarterRenewalsGerman reinsurance duo best positioned to take advantage of opportunities at “late and messy” 1.1 renewalGermany’s big two reinsurers Munich Re and Hannover Re will enter the 1 January renewal with superior financial flexibility to capitalise on opportunities compared with their European peers having materially outperformed their rivals during 2022, according to KBW analyst Darius Satkauskas.Fri 9 Dec 2022
NewsRenewalsThe Insurer TV panel: Reinsurers “heading into a difficult 1.1”The uncertain economic environment will make the 1 January reinsurance renewals difficult, according to a panel discussion held by The Insurer TV in association with Guy Carpenter, while the industry may not offer a good enough return for new capital to enter the market.Thu 25 Aug 2022
The Insurer TV examines the 2021 outlook; 1.1 market dynamics to remain in place at upcoming renewals
