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Uncertainty around court outcomes is almost forcing carriers to settle claims.
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Continental cedants are looking for support for third and fourth events.
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In Partnership WithJens Melhorn, Head of Property Treaty for EMEA at Swiss Re discusses key reinsurance topics, including global conflicts, natural catastrophe trends, and the growing need for public-private partnerships to keep insurance affordable.
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Syndicate 318 has been expanding into specialty classes over the past few years.
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In Partnership WithEuropean casualty business is not exposed to the challenges of the US market, with its social-inflation pressures, Aon co-CEO of reinsurance solutions EMEA Tomas Novotny reiterated during a video interview with Insurance Insider at this year’s Baden-Baden conference.
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PIB boasts Ebitda of around £250mn and at prevailing multiples could secure a valuation of £3.75bn-£4bn.
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Areas with growing demand and complexity include natural catastrophe and cyber, it said.
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The Flex consortium will offer up to EUR/$50mn limit.
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Capital diversity can only be achieved when there are more options for third-party providers to access.
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Cedants and brokers called for long-term relationships as reinsurers addressed loss creep.
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Craig Miller most recently held the role of UK commercial director at Dual Oliva.
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Marko Ninkovic, Head of Claims Specialty at Brit, explains the growing challenges of war risk claims and modern piracy at the International Association of Claims Professionals Conference in Orlando.