Interviews
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In his first interview as Swiss Re CEO, Andreas Berger acknowledged the mistiming of casualty growth, a purist approach on reserving and organisational complexity. -
Scor is also limiting its exposure in political risk and cyber.
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The platform hopes to confirm significant partnerships in the near future.
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The executive said volatile losses made underwriting the class less predictable.
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The executive said losses in the Middle East had “sent shockwaves” through the market.
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The new broking president added that hundreds of Marsh staff would not show up tomorrow at WTW.
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The executive also said there had been a “step change” on culture in the market.
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The executive said that with a single platform and capital base, the company had few distractions.
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The executive said that more sophisticated use of data could optimise a portfolio.
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The Oxbow report found that AI use cases span the entire (re)insurance capability model.
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InsurX has grown its capacity beyond £100mn after adding D&F to its existing contingency business.
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The broker said another strong year would drive pressure for “reasonably significant rate reductions” next year.
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