AI has shifted from a theoretical discussion to having a real impact across the entire insurance value chain, said Aman Gour, Founder and CEO, FurtherAI.

Use of technology is likely to separate the “leaders from the laggers” in the MGA/program business space, said Shanil Williams, CEO, Allianz Commercial, Americas.

Property remains both a challenge and an opportunity for insurers, said Brian Farrell, SVP Program Management Lead, P and C Programs, Arch.

MGAs need to remain focused to succeed, said Emmy Falvey, Senior Vice President, Head of Capacity, Falvey Insurance Group.

The global construction industry continues to expand, says Jimmy Keime, Head of Engineering and Nuclear, for Swiss Re.

MultiStrat, the founder of casualty ILS, is focusing on committed capital to grow, said Bob Forness, CEO, MultiStrat.

Ahead of the upcoming Baden-Baden Reinsurance Meeting, top of mind for many are climate, economy and geopolitics, says Nikhil da Victoria Lobo, Head of P and C Reinsurance for Western and Southern Europe and Middle East and Africa for Swiss Re.

The explosive growth of the E&S market, coupled with higher seller valuations, is driving a steady stream of carrier M&A activity, said Jason Murgio, Principal & CEO and Paul Procops, Vice President, of boutique insurance investment bank Merger & Acquisition Services.

“That’s what we live for,” said Darren Tasker, Head of Construction, North America, Allianz Commercial, emphasizing the deep expertise needed to navigate multi-billion-dollar data center construction projects and deliver tailored, comprehensive insurance coverage.

From cat losses from wildfires and hurricanes to litigation battles to the shifting commercial insurance landscape — these are the stories that defined our industry in the last 12 months. In celebration of Insurance Insider US Honors Awards, please enjoy our Year in Review video.

January 1 renewal rates will be determined by the next 60 days of possible hurricane loss activity and any change to interest rates.

As the reinsurance industry “fought incredibly hard” for its recent underwriting profits, SiriusPoint CEO Scott Egan remains hopeful that the market will remain disciplined coming into Jan. 1 renewals.