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In Partnership With Munich ReHeading into hurricane season, the property insurance market continues to face the impact of inflation and severe convective storms, said Martin Neuhaus, president, Munich Re Facultative & Corporate North America at RISKWORLD in San Diego.
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In Partnership With MarkelBusinesses are looking for comprehensive, specialized product and service solutions in addition to indemnity coverage, said Kristin Towse, executive underwriting officer, Markel Specialty, at RISKWORLD in San Diego.
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It’s critical that insurers help clients to evolve and manage new and different risks stemming from AI, said Lucy Pilko, CEO of the Americas for AXA XL at RISKWORLD in San Diego.
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Data tools are helping businesses better understand and manage risk beyond just buying insurance, said John Merkovsky, global head of risk and analytics, WTW, at RISKWORLD in San Diego.
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Growth in the E&S market is expected to continue, as risks are continuing to become more complex and difficult to place in the admitted market, said Adrian Cox, CEO, of Beazley at RISKWORLD in San Diego.
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Businesses that have faced multiple years of rate increases are finding relief through innovative solutions including captives and telematics, said Mo Tooker, head of commercial lines, The Hartford, at RISKWORLD in San Diego.
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E&S has thrived around innovation and will continue to grow in 2024 and 2025, said Chris Sparro, CEO of North America, Sompo Commercial and P&C Insurance at RISKWORLD in San Diego.
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Insureds are finding relief from hard market cycles by turning to captives and self-insurance, said Katie McGrath, CEO North America Swiss Re Corporate Solutions at RISKWORLD in San Diego.
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Cyber attacks are increasing and becoming more complex, and large companies are facing more attacks, said Mario Vitale, president, Resilience at RISKWORLD in San Diego.
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A survey of 600 CFOs found cyber security, macroeconomic pressures, geopolitical risk, and talent acquisition and retention were key concerns among CFOs, said Joan Woodward, president, Travelers Institute.
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From transactional insurance to traditional property and casualty insurance, the active private equity space is seeking more complex and bespoke insurance, said Seth Gillston, private equity industry practice leader, Chubb at RISKWORLD in San Diego.
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Zurich North America is collaborating with other industry leaders to educate defense attorneys, said Keith Daly, chief claims officer, Zurich North America.
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In Partnership With HowdenILS becomes less viewed as an “alternative” capital and has become a standard consideration for insurers and reinsurance whilst new perils, like cyber and terrorism, are expected to continue to grow, said Philipp Kusche, Global Head of ILS & Capital Solutions, Howden Capital Markets & Advisory, at the Insurance Insider ILS Conference in London.
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In Partnership With AcrisureIncreased interest from new entrants/cedants and new investors – plus attractive pricing – is helping expand the catastrophe bond market, said Patrick Witteveen, Co-Managing Director of Catastrophe Bond Solutions, Acrisure Re.
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In Partnership With AonWith a robust pipeline for ILS this year, Aon expects to top $17 billion in primary issuance, said Jordon Brown, Managing Director, Aon Securities, at the Insurance Insider ILS Conference in London.
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In Partnership With RIMSIn conversation with Gary LaBranche, RIMS CEO
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In Partnership With PraedicatGraham Tibbets, Director of Product Management at Praedicat explains how evolving litigation trends and emerging risks can result in D&O claims against multiple businesses operating in the same field.
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In Partnership With KBRAJoin Insurance Insider, in partnership with KBRA, for a free webinar, 10:30 EDT/3:30 BST on June 5
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In Partnership With Swiss ReAli Shahkarami, Global Head P and C Solutions for Swiss Re, discusses the pivotal role of data and technology in tackling insurance challenges, from escalating losses due to natural catastrophes to enhancing risk assessment and client services.
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In Partnership With AXISBritt Smith, Executive Vice President and Head of Wholesale for Lower Middle Markets for AXIS, discusses solutions for small to mid-sized businesses amid market shifts.
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Bob Forness, Chief Executive Officer, MultiStrat, says collateralized casualty reinsurance is expanding to offer multi-program facilities for MGA aggregators, carriers and brokers. It can also evolve to offer both retrospective and prospective cover, he says.
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After three years of downward pressure on pricing, demand for Directors & Officers liability insurance is rising this year, leading to a flattening of the market in 2024, says Tim Usher Jones, Founder and CEO at Banyan Risk Ltd.
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MGAs are one of the largest growth areas in both reinsurance and insurance, because they allow for specialization, says Brian O'Hara, chairman, Frontstreet Advisors and co-founder and former CEO of XL Capital. “The more you can specialize in risk, the better you can understand it,” he says.
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The eight new companies that entered the state in 2023 show that legislative reforms are bearing fruit, says Mike Yaworsky, Florida Insurance Commissioner.
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In Partnership With AXIS
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