CONTENTS
EDITOR’S LETTER
At a crossroads: the industry must innovate or become irrelevant
Its leaders must take a step back and consider what clients truly need—and innovate around that.
INTERVIEW: PAUL BRAND, CONVEX
Execs willing to meet will gain edge in ‘fraught’ negotiations
Convex’s Paul Brand believes companies willing to meet in person will gain a competitive advantage over those who are reticent.
INTERVIEW: STEVE POSTLEWHITE, QBE RE
Postlewhite predicts divergence of P&C renewal rate rises
QBE Re managing director of global reinsurance Postlewhite reckons that increases will not be equal across all lines.
INTERVIEW: PAUL SCHULTZ, AON SECURITIES
As 2022 looms, are insurance-linked securities maturing?
There’s a lot of positives in the air for the sector, says Aon Securities’ Paul Schultz.
INTERVIEW: GREG WOJCIECHOWSKI, BERMUDA STOCK EXCHANGE
Bermuda: ‘the Silicon Valley of the insurance world’
The BSX CEO discusses the importance of the Island as a centre for the global re/insurance industry.
INTERVIEW: JÉRÔME JEAN HAEGELI, SWISS RE
Asset prices on steroids, but interest rates will stay low
What is in store for the re/insurance sector? Intelligent Insurer hears from Swiss Re’s Jérôme Jean Haegeli.
INTERVIEW: JOHN SCULLY & MARCO SORDONI, UNIPOLRE
Headwinds mean further rate increases needed
Rates continue to move in the right direction, but they still have some way to go to become sustainable, say John Scully and Marco Sordoni of UnipolRe.
INTERVIEW: LAURENT MONTADOR, CCR RE
CCR Re puts COVID-19 in the rear-view mirror
CCR Re has come through its most challenging year since its launch in 2017. Laurent Montador reveals what’s on the horizon.
INTERVIEW: MATT HUELS, MARKEL
Challenges remain for small business as recovery builds
Small businesses and their insurers have shown adaptability and resilience, which will be needed as the economy recovers, says Markel’s Matt Huels.
INTERVIEW: STUART SHIPPERLEE, LITMUS ANALYSIS
‘Grey rhino’ risks will ensure continued upward pressure on rates
Reinsurers’ returns could still be underwhelming, leading to longer-term upward pressure on rates: Stuart Shipperlee of Litmus Analysis.
INTERVIEW: ARNDT GOSSMANN, GOSSMANN & CIE
Pandemic lessons and tech maturity
The time has come for the industry to take full advantage of the technology offerings available, according to the CEO of Gossmann & Cie.
WILDFIRE MODELLING
Modelling the enigmatic peril: the challenge of pricing wildfire risk
With little historical data available to model it, how are carriers grappling with providing cover in one of the riskiest markets?
WILDFIRE RISK
Keeping up with the changing face of wildfires
Wildfires have emerged as one of the most significant problems facing the industry, a Re/insurance Lounge panel agreed.
NEWS
Munich Re panellists see bright future for alternative risk transfer
The ILS market has grown significantly over the past 12 months after a series of natural catastrophes and the pandemic.
NEWS
Climate change: the biggest opportunity in living memory
The re/insurance industry can be at the centre of the global shift to net-zero emissions, says Lloyd’s CEO John Neal.
NEWS
Capacity holds back prices as cat losses build: Moody’s
Lower COVID-19 claims and increasing pricing have improved the outlook, but earnings are still vulnerable.
NEWS
More disputes to come over COVID-19 uncertainty
Prudential regulation in the insurance sector is increasingly being used to push public policy goals, according to law firm Kramer Levin Naftalis & Frankel.