HDI’s Vigier: France has a long journey to being a captive-friendly domicileDavid Vigier, chief commercial officer and head of captives strategy at HDI, told The Insurer TV that France’s regulatory overhaul in 2023 to become a captive-friendly domicile took years of lobbying from the risk management community.
It is my belief that we are at the beginning of a global parametric insurance revolution. Parametric is the lead violin in a symphony of risk transferBradley Meier, CEO of NormanMax Syndicate 3939
Aon’s Lambrou: Frustrated clients look to differentiate themselves in challenging cat market TVClients are increasingly looking to “play offense” and differentiate themselves to carriers, particularly relating to property cat as buyers compete for limited capacity, Aon’s Lambros Lambrou has told The Insurer TV ahead of the RIMS RISKWORLD 2023 meeting.
TV Leading VoicesProperty catastropheBeazley’s Cox: Industry hasn’t proved it can “successfully underwrite” for climate changeWhile the first major reinsurance renewal of 2023 demonstrated to investors the industry’s resolve in hiking up prices as opposed to “another false dawn”, (re)insurers haven't yet done enough to prove they can “underwrite for climate change and make money”, the CEO of Beazley has cautioned.Mon 23 Jan 2023
TV Leading VoicesProperty reinsuranceGC’s Priebe: 1.1 property pricing up 40-60% in N America, 25-35% in Europe/UKReinsurers pushed up property pricing at 1.1 significantly more for North American cedants than their European counterparts with attachment points a big focus during the renewals, leading some buyers to shift capacity not purchased from the bottom to the top end of programs.Tue 10 Jan 2023
TV Leading VoicesProperty catastropheKCC’s Clark: industry needs to move on from “archaic” model customizationAs reinsurance buyers and reinsurers negotiate the toughest property cat renewal in decades based on their own “view of risk”, Karen Clark has told The Insurer TV that the industry needs to modernize its approach to cat modeling, arguing that not all model vendors are the same.Thu 22 Dec 2022
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