CONTENTS
EDITOR’S LETTER
Who said being a reinsurer was easy?
For the first time in its history, and perhaps largely due to climate change, the insurance industry may need to consider the future as much as the past when making big decisions.
1.1 CLUB INTERVIEW
New capital will dampen rate hikes
There are widespread hopes that reinsurance markets will secure rate increases, but new investment continues to pour in, says Acrisure Re partner David Sowrey.
1.1 CLUB INTERVIEW
S&P maintains negative reinsurance outlook
The ratings agency remains unconvinced that the sector will meet its cost of capital again this year, says S&P Global Ratings’ Ali Karakuyu.
INTERVIEW
Resilience amid uncertainty
There will be a realignment around pricing for certain lines of business, Monica Cramér Manhem, president, international reinsurance at SiriusPoint, tells Baden-Baden Today.
1.1 CLUB INTERVIEW
Modelling risks in a shifting environment
Adam Podlaha from Aon’s Impact Forecasting catastrophe model development team discusses how the company is addressing the industry’s challenges.
1.1 CLUB INTERVIEW
Lessons at Baden-Baden from the European floods
Flooding isn’t new in Europe, and even the losses in Germany weren’t unforeseeable, according to AIR Worldwide’s Yörn Tatge .
1.1 CLUB INTERVIEW
Reinsurance needs a unified system for doing business
The reinsurance market relies on a plethora of splintered systems. Can technology help address the cost and hassle associated with these practices, asks Ben Rose of Supercede.
NEWS
Hannover Re warns of double-digit rate increases at 1.1
Losses from the pandemic and flooding in Germany have cost the carrier more than a decade’s worth of profits, showing the need for immediate rate increases.
