GR editor David Benyon spoke to the advance guard of the return of Willis Re, Jim Summers, CEO of global specialties, and John Fletcher, CEO of Willis Re Bermuda, as they lay the groundwork for this next generation reinsurance broker.
As the reinsurer eyes $6bn of premium by 2030, new managing director Nick Hankin outlines plans for disciplined, client-led expansion – diversifying into new products and regions – not chasing growth regardless of pricing conditions.
The AI-driven boom is creating a huge set of insured assets, David Benyon writes, concentrating nat cat, terrorism and business interruption exposures on an unprecedented scale.
Facultative reinsurance is increasingly being used as a tool to support insurers’ growth, manage capital and complement treaty programmes as part of a more connected overall reinsurance strategy, according to Aon’s Reinsurance Solutions senior facultative leadership.
Record levels of reinsurance capital are set to give buyers greater room to reshape programmes at the coming 1 January renewals, with Aon expecting further pricing relief alongside increased use of alternative capital and facultative solutions
Record capital and expanding alternative capacity are giving cedants a window to rethink reinsurance structures and improve earnings resilience ahead of the 1 January renewals, the reinsurance broker emphasised in its pre RVS press briefing
Pelagos is using its partnership-led structure to shift capital between underwriting opportunities as market conditions change, group managing director Jonny Strickle said