Speaking to The Insurer TV at the Rendez-Vous de Septembre in Monte Carlo, Sherif Zakhary, CEO of Aon's Strategy and Technology Group, outlined how Aon uses data and analysis to help clients capitalise on trends and opportunities.

A lack of institutional investor uptake will likely slow growth in the cyber catastrophe bond market, according to participants in The Insurer TV’s ILS panel at this year’s Rendez-Vous in Monte Carlo.

John Huff, president and CEO of the Association of Bermuda Insurers & Reinsurers (ABIR), has said collaboration between government, the industry and the regulator gives the island an advantage over other reinsurance jurisdictions.

The (re)insurance sector is set for significant shifts, driven by specialty growth, a focus on climate, and heightened M&A activity, according to Guru Johal, vice chairman and partner and global speciality and reinsurance markets leader at Deloitte.

Reinsurers are approaching the 1 January renewals with a clear push for stability and a desire to defend their profitability as the market continues to navigate a variety of headwinds, Axis Re's Ann Haugh has told

London-listed Lancashire is committed to exploring E&S opportunities in the US, although group CEO Alex Maloney has clarified that this does not mean competing with business in London.

The global catastrophe bond market remains strong as the fourth quarter begins following a period of sustained growth over the past 18 months, according to Richard Pennay, CEO of Aon’s ILS division.

Jiten Voralia, head of North American treaty reinsurance at Everest, explains to The Insurer TV how the carrier is constantly evolving to meet clients’ needs, its views on global specialties (aviation, marine, cyber, engineering and parametric risk), and how it is deepening its global footprint.

At the Rendez-Vous de Septembre in Monte Carlo, Everest's head of international reinsurance Artur Klinger provided insights into the company's strategic developments and the evolving landscape of the global reinsurance market.

Generative AI will “transform the industry” in many aspects, according to EY global insurance leader Isabelle Santenac.

Specialty reinsurer Eureka Re has secured an A- rating, a key milestone that reflects years of strategic growth and dedication, according to its founder and CEO Gabriel Holschneider.

Howden Re’s deputy CEO for international Sebastian Cook has reiterated the broker’s commitment to recruiting top-tier talent as it seeks continued growth in the highly competitive reinsurance broking space.

As the risk landscape grows ever more complex and interconnected, the need for quality data in the reinsurance industry has never been more pressing, Axco’s head of business development Roberta Field told

Aspen is targeting growth within its third-party capital operations, with a particular focus on casualty, according to recently promoted group president and Bermuda CEO Christian Dunleavy.

The big shift in reinsurer sentiment in the last 18-24 months has been reflected in the actions they've taken, according to Waleed Jabsheh, president and CEO of IGI.

The cyber reinsurance landscape is seeing major shifts as insurers prioritise resilience and profitability, while innovative tools like cyber catastrophe bonds bring fresh capacity into the market.

An outcome-based connected risk policy enables corporates to have a proper, resilient solution for their exposures going forward, according to Suki Basi, founder and CEO, Russell Group.

With the European MGA sector growing by 20 percent year on year, it is now keeping pace with growth in the US and UK markets, according to Enrico Bertagna, who leads the MGA division of Howden’s reinsurance arm in Europe.

Even though strides have been made toward creating data-driven reinsurance businesses, overall market progress remains slow, according to eReinsure founder and CEO Igor Best-Devereux.

Digitising distribution and workloads will be key in bringing data into the underwriting decision-making process, according to Ian Summers, global business leader at AdvantageGo.

Risks associated with AI currently face a coverage gap, Armilla AI CEO Karthik Ramakrishnan told The Insurer TV on the sidelines of this year's Ferma Forum.

Risk managers are having to continuously adapt their insurance strategies as complexities within the risk transfer market grow, according to the chief executive of the Federation of European Risk Management Associations (Ferma).

Retentions and reinsurance pricing are among the key focus areas for Asia Pacific (APAC) cedants ahead of the January renewal season, Guy Carpenter’s CEO for the region has said.

Serene Davis, global head of cyber at QBE Insurance, and Gamze Konyar, head of cyber and SVP at Marsh Europe, told The Insurer TV they expect the softening in the European cyber market to decelerate in 2025 and for dynamics to align more with the US market.

Corporate insurance buyers across Europe are increasingly turning to parametric solutions as risk managers’ understanding of the type of solutions available continues to grow, according to a panel hosted by

Demand for standalone terrorism cover is rising across Europe amid concerns around contested elections and sub-limits being placed on strikes, riots, and civil commotion (SRCC) exposures in property placements, according to Beazley’s Fred Kleiterp.

Environmental risks such as PFAS and the concern they are causing admitted carriers is driving smaller businesses and their retail brokers to seek coverage in the E&S market through wholesalers, according to Sara Gundersen, EVP and head of E&S casualty at Sompo.

Broker Howden has called on the industry to deliver a “joined up” risk transfer chain to better service the growing needs of clients, and to be braver when addressing the unknown.

As global risks become increasingly complex and costly, more corporate companies are turning to alternative risk transfer solutions to better manage their exposure, CEO for the EMEA region at Swiss Re Corporate Solutions, has told

Cyber insurance market participants must still be wary of the potential impacts of cyberattacks following a series of near misses in recent years, Munich Re’s head of cyber solutions for North America has said.

The E&S market is well placed to capitalise on greater digitalisation and more reliable tools, said Stephen Buonpane, p resident of Everest Evolution, in an interview with

As the market transitions from the recent hard phase, MGAs and program administrators that have diversified portfolios are better placed to maintain profitability amid softening rates, according to Chris Pesce, national programs leader at One80.

Philippe Cotelle, head of insurance risk management at Airbus Defence & Space, told The Insurer TV that cyber insurance must be streamlined further to better serve corporate clients, asserting that it is “absolutely” the case that the process could be simplified.

Cyber insurance rates will continue to decrease heading into 2025, with the reductions driven by continued market softness and heightened competition, CFC’s Michael Phillips has told

In a world marked by uncertainty and volatility, there will be demand and value prescribed to reinsurance, according to Swiss Re’s Nikhil da Victoria Lobo.

One of the key takeaways from the recent Rendez-Vous de Septembre in Monte Carlo was the ongoing caution among reinsurers around casualty lines amid a complex risk landscape.

Portfolio diversification into specialty lines has fuelled recent growth in the credit and political risk market, although challenges linger around the sector’s reputation in the wake of the 2008 financial crisis, according to Guy Carpenter’s David Edwards.

Discussions at this year’s Baden-Baden Reinsurance Meeting will likely be driven by the fallout from recent US hurricane activity, as well as European secondary peril impacts and ongoing inflationary pressures, according to Guy Carpenter’s Laurent Rousseau.

Axa XL’s Americas CEO Lucy Pilko has predicted continued growth in the E&S market on the back of emerging risks such as cyber and environmental liabilities.

Miles Wuller, president and CEO of Ryan Specialty Underwriting Managers, has said that the growing synergies between MGAs and the E&S market are driving significant industry shifts.

The insurance industry must reexamine how it underwrites wildfire risk, Burns & Wilcox’s Bill Gatewood has said, adding that the ongoing California wildfires are already driving a shift in market conditions and the fine arts loss component will be “huge”.

Growth in offshore renewable energy and rising losses are driving rate rises for subsea energy cable cover, according to Michael Buckle, head of natural resources at WTW.

There is no doubt that capacity for fine art and specie will be withdrawn from areas that have high wildfire aggregation risk, according to Courtney Kerr Brooks, a fine art and specie broker at Novatae-owned MarketScout.

As wildfires devastate Los Angeles, Kettle’s CUO, Brian Espie, has identified the Palisades Fire as a critical focal point for the reinsurance industry due to the high concentration of valuable properties in the area.

Insured losses related to winter storms Blair and Cora will likely total around $1bn, according to Karen Clark, CEO and founder of Karen Clark & Company.

As we wrap up 2024, The Insurer TV has provided a comprehensive look at the evolving (re)insurance landscape.

In the second instalment of our 2024 year in review series, we explore natural catastrophe losses with Scott Vincent, the growing role of parametric insurance in addressing coverage gaps with Henry Gale, and the insurance industry’s efforts to facilitate the transition to a net-zero economy with Rebecca Delaney.

This year, The Insurer’s team has worked tirelessly to deliver the industry’s breaking news, so we’ve taken the opportunity to sit with our editorial team and reflect on the stories that have shaped the market in 2024.

The insurance market may not be fully accounting for the potential impact of Donald Trump’s return to the presidency on strikes, riots and civil commotion (SRCC) exposures, according to Babak Tavassolie, head analyst for political and credit risk at Scor.

Bruce Carman, CUO at Hive and aviation war expert, estimates the Russia-Ukraine lessor claims could result in a $5-6bn loss for the aviation market, a striking figure that underscores the magnitude of the ongoing legal battle across multiple jurisdictions over stranded Western aircraft in Russia.

Norma Maldonado stands out in the insurance industry as one of the few who intentionally set out to join it. While studying at Georgia State University, Maldonado majored in actuarial science where she was exposed to the national insurance fraternity, setting her course for a career in the sector.

The London insurance market is abuzz following the launch of a trio of UK government consultations, with the moves heralded as a significant step forward for the industry.

The renewable energy market is suffering from a shortage of “credible” lead capacity due to a lack of experienced underwriters and inadequate modelling, according to Julian Richardson, CUO of green solutions at Munich Re Specialty.

Juniper, the trailblazing insurtech start-up co-founded by Ambra Zhang, is setting out to revolutionise reproductive healthcare with its innovative approach to health insurance.

Canada's natural catastrophe loss bill is projected to exceed C$8bn ($5.7bn) this year, driving adjustments in pricing, attachment points and deductibles, according to Jolee Crosby, CEO of Swiss Re Canada.

There is no expectation of a widespread shift in business away from the E&S market, with the sector’s freedom of rate and form allowing it to address challenging issues on the admitted side, according to Westfield Specialty’s founding president Jack Kuhn.

Cyber pricing is being driven down by less disciplined market entrants taking a generalist approach to the segment, according to Westfield Specialty’s Jeff Kulikowski, who added that the insurer is willing to walk away from unprofitable business.

The level of threat activity has remained “reasonably consistent” in 2024, according to Coalition’s Chris Hendricks, who said it was “shocking” that threat actors are still finding success with attack methods that aren’t new.

Crawford & Company is targeting loss adjusting personnel with a very specific skillset as the role has experienced a “rapid evolution”, the firm’s CEO for international operations has told The Insurer TV.

David Vigier, chief commercial officer and head of captives strategy at HDI, told The Insurer TV that France’s regulatory overhaul in 2023, that led to it becoming a captive-friendly domicile, took years of lobbying from the risk management community.

Tara Allen, a recent graduate of the Lloyd’s Market Association’s legal trainee programme, has told The Insurer TV that she was initially drawn to the sector because it offered a chance to leverage the commercial aspects of her legal degree.

Very few interviewees on The Insurer TV have credited the MGA sector with philosophical depth, but that’s exactly the view of the latest Young Meteor, Emily Lewis of Pro MGA Global Solutions.

Like many in the industry, The Insurer TV’s latest young meteor never intended to work in insurance. Initially a consultant at Baringa, Benedict Altier became fascinated with the sector, ultimately deciding to found CatX.

What kind of career can you achieve without a degree? This was Raza Hassan's Google search in the summer of 2013. Options that appeared on the screen before him included: accountancy, firefighting, and insurance.

The commonly held perception of insurance as being quite dull couldn’t be more wrong, according to MS Amlin’s Efi Rizou.

Young Meteors speaks to four London Market Group Futures Academy alumni as they prepare to begin full-time roles in the London market.

Underwriting, broking, consulting, start-up co-founder, concert pianist – the list goes on. It’s certainly apparent that Supercede’s Ben Rose is a man of many talents.

At times incisive, at others uninhibited, but always true to the experience of being a young person trying to ‘make it’ in the (re)insurance industry. That's the promise of

The Insurer TV journeyed to Bermuda to meet our second young meteor, George Cole, who at the tender age of 29 is already head of strategic partnerships for cyber at Mosaic.

The Insurer TV's Young Meteors series returns to its spiritual home of Cheese in Leadenhall Market to meet Louisa Arrowsmith, who, at 30, is head of portfolio management for the UK and Dubai at Liberty Specialty Markets.

The wholesale and E&S casualty sector is experiencing heightened demand for capacity across both primary and excess lines, according to Axis Capital’s Anna Tan, who credits this trend for creating significant opportunities for specialty carriers like the firm she joined in early 2024.

An influx of premium into the E&S space, changing market cycles and broker consolidation are among the key drivers of opportunities in the wholesale insurance space, Acrisure London Wholesale managing director Tom Quy has said.

Sal Pollaro has his sights set on the future of Markel’s professional liability unit, and said advancements in cyber technology will set the stage as the next frontier for the insurance business.

Michael Garrison, head of wholesale at Navigators, at The Hartford, said the business hopes to realise further growth by becoming more proficient with data and developing technologies to facilitate enhanced underwriting decisions.

New tech developments and artificial intelligence may be a buzzword for some; however, Navigators’ Lynanne St. Denis sees “so much upside right now” across not only the E&S space but widely the insurance sector as well.

Adopting a client-first focus in Europe is a key differentiator for Everest Insurance International as large clients in these markets have previously felt their needs were not fully being met, underscoring the necessity for a partner like Everest, the firm’s head of continental Europe has told The Insurer TV.

Retentions and reinsurance pricing are among the key focus areas for Asia Pacific (APAC) cedants ahead of the January renewal season, Guy Carpenter’s CEO for the region has said.

AI is making small business insurance more efficient by refining data handling processes, according to Amwins CEO Scott Purviance.

MDUConnect will provide additional member services of a scale and depth that will “really differentiate itself” from anything else in the market, the firm’s insurance director has told

Niche insurers and carriers alike are showing a healthy interest in driving up business from the program sector, according to Paul Templar, chief executive officer at Vipr Solutions, a London-based provider of information technology products for the insurance industry.

Environmental risks such as PFAS and the concern they are causing admitted carriers is driving smaller businesses and their retail brokers to seek coverage in the E&S market through wholesalers, according to Sara Gundersen, EVP and head of E&S casualty at Sompo.

Broker Howden has called on the industry to deliver a “joined up” risk transfer chain to better service the growing needs of clients, and to be braver when addressing the unknown.

Just a few weeks into his new role as CEO of Aon Securities, Richard Pennay admits that “it’s certainly been an interesting time” having been met by the aftermath of two natural disasters.

“Frequency and severity, are driving the rebound and the rate improvement”. As a result of these rising rates, Stevens observed that cedants are retaining more risk.

The E&S market is well placed to capitalise on greater digitalisation and more reliable tools, said Stephen Buonpane, p resident of Everest Evolution, in an interview with

As the market transitions from the recent hard phase, MGAs and program administrators that have diversified portfolios are better placed to maintain profitability amid softening rates, according to Chris Pesce, national programs leader at One80.

In a world marked by uncertainty and volatility, there will be demand and value prescribed to reinsurance, according to Swiss Re’s Nikhil da Victoria Lobo.

Addressing the protection gap in Europe remains a top priority as secondary perils such as flooding and hail become more prevalent, according to Guy Carpenter’s Europe CEO Julian Enoizi.

One of the key takeaways from the recent Rendez-Vous de Septembre in Monte Carlo was the ongoing caution among reinsurers around casualty lines amid a complex risk landscape.

Portfolio diversification into specialty lines has fuelled recent growth in the credit and political risk market, although challenges linger around the sector’s reputation in the wake of the 2008 financial crisis, according to Guy Carpenter’s David Edwards.

Trevor Carvey, CEO of Conduit Re, explained to The Insurer TV that the company has avoided writing cyber due to what he saw as the market's inability to predict a large systemic event or correctly quantify its ramifications.

CFC group CEO Louise O’Shea has pledged to “go boldly where no one else has been” as the company continues to grow and diversify its underwriting portfolio.

Scor CEO Thierry Léger has weighed in on the search to find Bruce Carnegie-Brown’s successor as chairman of the Lloyd’s market, outlining that an individual with a proven track record and passion for the sector would be the ideal contender.

Scor CEO Thierry Léger has doubled down on a previous call for the reinsurance sector to address the ongoing challenges around casualty and to prove it can deal with social inflation, warning that market conditions in US casualty lines have played out as he’d feared.

Scor will remain focused on seeking risk-adjusted price increases in target lines as part of its strategic plan to “lean into” the hard market, CEO Thierry Léger has commented as he approaches one year at the helm of the Paris-based reinsurer.

Michael Wade, a veteran in the (re)insurance industry and chairman of Lloyd's investment vehicle Helios, has hailed the follow market at Lloyd’s as playing a “crucial role” in supporting the market’s growth and attracting more third-party capital.

Nick Cook, CEO of BMS Group, has said he remains excited about the broker’s expansion into the MGA space and elsewhere internationally, and revealed plans for Eurazeo’s £355mn ($448mn) investment.

BMS CEO Nick Cook says the group’s reinsurance arm is now ready for the next stage of growth.

As WTW’s block-out with reinsurance draws to an end, Alastair “Swifty” Swift says the firm would consider re-entering the space and accessing other capital market vehicles “if it creates better value for clients”.

BMS International CEO Nick Gillett is bullish on the division’s “aggressive” growth plans, estimating that by 2028 the business will have quadrupled in size, with M&A activity a key strategic element.

QBE is positioning itself for a “global growth spurt” in cyber and is poised to grow its current modest London market share, according to the group’s international CEO Jason Harris.

Liberty Specialty Markets (LSM) president and managing director Phil Hobbs said he would have “rather been a seller than a buyer” of reinsurance at the 1.1 renewal, which saw some reinsurers “go too far” and risk damaging relationships.

While the first major reinsurance renewal of 2023 demonstrated to investors the industry’s resolve in hiking up prices as opposed to “another false dawn”, (re)insurers haven't yet done enough to prove they can “underwrite for climate change and make money”, the CEO of Beazley has cautioned.

While cyber presents an enormous growth opportunity for the (re)insurance industry, the market has not yet fully worked out the role it can play in addressing such perils, according to WTW’s global head of risk and broking Adam Garrard.

The rules governing private capital at Lloyd’s are too complicated, with Hampden Agencies and Hampden Capital CEO Alistair Wood describing them as a “complicated onion” which could deter capital from entering the market.

Amid several ongoing investigations into allegations of non-financial misconduct within the London market and Lloyd’s, Asta CEO Lorraine Harfitt reflects on how the market’s culture has changed over her three-decade career in our latest

Karen Clark has said that while scientific consensus has determined climate change is not impacting hurricane frequency, it is driving severity higher and that the industry should be prepared to absorb more loss events ranging between $20bn and $40bn.

Rising attachment points on reinsurance programs are prompting insurers to consider alternative capital options to offset an increase in earnings volatility, according to Dan Becker, CEO of global strategic advisory at Guy Carpenter.

Buyers are expressing increasing irritation and frustration at the current state of the insurance market as rate hikes and tightened terms and conditions risk becoming “unpalatable”, WTW’s Alastair Swift has warned.

Lancashire CEO Alex Maloney has hailed current market conditions as the best for “more than a decade” but said investors will likely remain cautious on the sector until the market shows it can deliver consistent profitable returns.

The industry has been grappling with cyber risk for several years, and its approach to writing the business has resulted in a few ups and downs, due in part to the rapidly evolving nature of the risk, systemic threats associated with cyber events, and geopolitical entanglements.

Expanding the frontier of ILS beyond its traditional focus on the natural catastrophe space is at the forefront of the sector’s agenda as realisation builds of the need for innovative solutions to address the evolving risk landscape.

Digital trading is expected to transform the way premium moves across the risk transfer chain, with industry experts predicting that throughout the remainder of the decade, premium will be traded “in a fundamentally different way”, unleashing opportunities in a number of different (re)insurance hubs.

Insuring the transition presents an immeasurable premium and revenue opportunity for the sector, according to Sherif Zakhary, CEO of Aon's Strategy and Technology Group (STG).

Climate events and social justice have dominated headlines in recent years, with the understanding and prioritisation of these issues only increasing.

One of the major challenges for insureds in the aftermath of a major loss event can be the delay in claims settlement as the adjustment process takes place.

The casualty reinsurance market is starting to become more cautious and conservative as underlying rate rises moderate and inflation increases uncertainty, according to a panel discussion held by

Insights provided by synthetic-aperture radar (SAR) imagery and other data sources are transforming the way insurance products can respond to the increasing frequency and severity of flood events.

Welcome to the final edition of Prospective for 2021, in which we take a tour of the cyber insurance market, looking at how and why coverage is evolving.

Welcome to the latest edition of our flagship analysis programme, Prospective, in which we will look at the vibrant Excess & Surplus lines (E&S) market, one of the most dynamic markets in the insurance industry today.

This month’s edition of Prospective, The Insurer TV’s flagship analysis programme, is dedicated to #ReinsuranceMonth.

Elevated catastrophe losses stemming from secondary perils was a dominant theme at the 1.1 renewals and continues to be so during the Q4 and full-year 2021 results season.

The Insurer sat down with leading figures in the ESG space to discuss key takeaways from COP26 and the next steps in the path towards decarbonisation.

Senior executives reflect on the mid-year reinsurance renewals during an in-person discussion hosted by The Insurer TV in association with Guy Carpenter, with property business facing the toughest renewal in years as demand increased in response to losses and inflation while reinsurers’ resolve stiffened.

As the latest in a series of catastrophic flood events unfolds in New South Wales, we are once again reminded of the devastation the peril can cause and the complexities in managing the risk.

It has never been more apparent that (re)insurers around the world are displaying a deeper interest in environmental, social and governance (ESG) factors.

Effectively plugging into the growing environmental, social and governance (ESG) investor community can provide (re)insurers with enhanced access to capital at a lower cost, according to Twelve Capital’s analytics head Marcus Rivaldi.

In the latest broadcast from The Insurer TV’s monthly flagship analysis programme, industry observers stress that regulators will drive the agenda on how the industry addresses ESG, with the US tipped to make progress on catching up to Europe on climate change regulation in 2021.

Insurers which have yet to embrace environmental, social and governance (ESG) factors in their investment and underwriting decisions have been handed a stark warning in the latest broadcast from The Insurer TV – your reputation will be at stake if you don’t acknowledge the need for action.

Creating common standards that enable everyone to speak the same language around emissions disclosures will be a critical step on the journey towards decarbonisation, according to panellists on The Insurer’s latest virtual roundtable.