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TV
AdvantageGo: AI is not going to take the place of the underwriter

News in Focus

Technology

AdvantageGo: AI is not going to take the place of the underwriter

Some commentators have suggested 2023 will be the year of the bionic underwriter – one who is able to leverage data, technology and human capital to underwrite as efficiently as possible.

Wed 22 Mar 2023

TV
GC’s Mowery: “Difficult” lessons from 1.1 will lead to more orderly 1.4

News in Focus

Property catastrophe

GC’s Mowery: “Difficult” lessons from 1.1 will lead to more orderly 1.4

The 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

TV
Reinsurers still keen to invest in “good” insurtechs despite chill winds: HSCM’s Jones

News in Focus

Technology

Reinsurers still keen to invest in “good” insurtechs despite chill winds: HSCM’s Jones

Despite the death spiral valuations and emergency cost-slashing measures which have become all too common in the insurtech sector of late, large reinsurers are still committed to the sector, according to HSCM Ventures partner Adrian Jones.

Fri 17 Mar 2023

CRC’s Obenauer elected WSIA president for 2023-2024 term

News

People Moves

CRC’s Obenauer elected WSIA president for 2023-2024 term

CRC Group CEO Dave Obenauer has been elected to serve as the 2023-2024 president of the Wholesale & Specialty Insurance Association (WSIA).

Thu 16 Mar 2023

TV
“D&O underwriters are not going to forget what happened with SVB”: RT ProExec’s LaCroix

News in Focus

D&O

“D&O underwriters are not going to forget what happened with SVB”: RT ProExec’s LaCroix

As the aftershocks of Silicon Valley Bank’s collapse last week continue to be felt across the financial markets, D&O expert Kevin LaCroix predicts imminent changes in the marketplace in response to the uncertainty.

Wed 15 Mar 2023

TV
ISA’s Siegel: Future of human/social services business at the mercy of legislation and social inflation

Close Quarter

E&S

ISA’s Siegel: Future of human/social services business at the mercy of legislation and social inflation

The future of the human and social services insurance market will be dictated by a number of external factors, including legislation and social inflation, with the CEO of Irwin Siegel Agency (ISA) warning these could impact the stability of the market.

Wed 15 Mar 2023

TV
Mosaic’s Wheeler calls for focus on rate adequacy as inflation bites

News in Focus

Specialty

Mosaic’s Wheeler calls for focus on rate adequacy as inflation bites

Mosaic’s co-CEO and co-founder Mark Wheeler has called on the industry to continue to push for rate adequacy amid client demand that is “higher than it's ever been before”.

Wed 15 Mar 2023

TV
Aon’s Schultz: 2023 will see cat bond issuances return to “record levels” at $11bn+

Close Quarter

Cyber

Aon’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
Bermuda Risk Summit 2023 event wrap up

Bermuda Risk Summit 2023: Event wrap up

Bermuda Risk Summit 2023 event wrap up

This week over 450 delegates gathered at the Hamilton Princess, Bermuda to attend the annual Bermuda Risk Summit for 2023, hosted by the Bermuda Business Development Agency.

Fri 10 Mar 2023

TV
Aon’s Schultz: Modelling inaccuracies “principal concern” for ILS market

Close Quarter

Capital

Aon’s Schultz: Modelling inaccuracies “principal concern” for ILS market

The 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
IQUW’s Lamer: “Latent demand” will lead to growth opportunities in property for some time

News in Focus

Property reinsurance

IQUW’s Lamer: “Latent demand” will lead to growth opportunities in property for some time

Latent demand for property coverage will ensure a continuation of rate and provide the best opportunities for growth, IQUW’s head of reinsurance in Bermuda Rene Lamer has said.

Thu 9 Mar 2023

TV
BDA’s Hart: The Bermuda Risk Summit will return in 2024

News in Focus

BDA’s Hart: The Bermuda Risk Summit will return in 2024

Following the success of this year’s Bermuda Risk Summit, which attracted over 450 attendees, the Bermuda Business Development Agency’s CEO David Hart has confirmed the event will once again return in 2024 for a third year.

Wed 8 Mar 2023

TV
Ching targets dislocated property cat business with new ReFlex Bermuda broker launch

News in Focus

Retro

Ching targets dislocated property cat business with new ReFlex Bermuda broker launch

Market veteran Neville Ching described current property cat conditions as unlike any he has experienced in his 40 years in the business as he met with The Insurer TV at this week’s Bermuda Risk Summit.

Wed 8 Mar 2023

TV
Mosaic’s DeLong calls for governments to assess cyber attribution and help bring clarity to market

News in Focus

Cyber

Mosaic’s DeLong calls for governments to assess cyber attribution and help bring clarity to market

Mosaic’s global head of cyber Yosha DeLong has given her backing to the “strong intent” behind Lloyd’s new war exclusion on cyber policies, highlighting the increased clarity this brings for buyers.

Wed 8 Mar 2023

TV
Ariel Re’s Pedraja targets property growth after $270mn capital raise

News in Focus

Property reinsurance

Ariel Re’s Pedraja targets property growth after $270mn capital raise

Ariel Re will target property expansion following its recent $270mn capital raise, with 70 percent of the new funding set to be deployed in the class, according to the company’s group CFO Mike Pedraja.

Tue 7 Mar 2023

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

News in Focus

Specialty

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

Investor confidence is building for non-catastrophe ILS classes with the $15bn market poised to double in size over the next two years, according to Vesttoo’s chief commercial officer Julia Henderson.

Tue 7 Mar 2023

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