Interviews

The platform is adding a contract builder component that would smooth adoption of the new MRC v3 contract.

The CEO emphasised that while trading conditions are favourable for the specialty segment, the company would make the decision to go public based on its own merit rather than market timing.

Any firms that struggle to communicate on the new platform will be charged “translation fees” in the long term.

Hamilton is seeing additional opportunities on the casualty reinsurance front as other players pull back, given the loss activity stemming from 2019 and prior years.

The positive results in Q3 are starting to form a “track record” of improvement as the carrier moves away from “a place of underperformance”, the executive told this publication.

After moving into the rank of fifth-largest reinsurer, following its acquisition of Validus, RenRe said it would continue to take a leading role in the regional cat space and expected to be more able to trade through market cycles.

Clearer wordings for cyber cat risk would also help foster the development of the more capital-efficient event XoL reinsurance market in cyber, Kessler said.

Aon’s three-year plan will allow the firm to go “further faster” in serving clients with increasingly complicated needs, as well as creating additional operating leverage that will create the opportunity for Aon to deploy capital more broadly, CEO Greg Case told this publication.

The Bermudian’s global property CUO and European chief says it is ready to expand if conditions remain favourable.

The minister stated that it is time for insurers to step up and increase their risk appetites and reduce prices in response to the reforms.

The executive said the broker was primed to take advantage of sector tailwinds, and continue attracting talent.

The Corporation’s chairman said Lloyd’s has “earned the right to grow” and wants to drive competitive progress on ESG goals.