Casualty

Join Insider Engage, in partnership with KBRA, for a free webinar, 10:30 ET/3:30 BT, on Aug. 29 as we explore E&S market dynamics.

Meg Green speaks to Paul Lavelle about the P&C market today, the impact of cyber, and social infation.

Shannon Totten, Head of Retail Excess Casualty for the North America region at Sompo International, talks to Meg Green about the casualty market today, and the role of Bermuda in the global casualty market.

The CEO of Lockton Re Bermuda sees a healthy market leading in to 2023 created through clear communication channels, disciplined underwriting, well prepared clients, enhanced broker options and a consistent step change to the rating environment across the primary and retro markets.

As insurers move towards automation and further digitisation of their underwriting processes, accurate data and sophisticated analytics are becoming increasingly important.

Join us, in partnership with Markel, at 10:30 ET, Oct. 26 for a free webinar

As medical devices including monitors for glucose, heart rate and other vital functions move to personal smart phones and watches, do insurers face potential liability if the technology fails?

Applications now being accepted for the Inside P&C Honors 22

Jonathan Monks, Sompo International’s EVP and Head of Business Development for North American Insurance, said factors including inflation are driving rate across the market. He spoke with Insider Engage at RIMS 2022 in San Francisco.

If PFAS, or “forever chemicals,” are the major risk that's currently in litigation, then ubiquitous microplastics are the major risk that's waiting in the wings, said Bob Reville, Co-Founder, President and Chief Executive Officer of Praedicat.

Liability insurers’ exposure to litigation losses will widen, according to webinar panel.

As the costs of legal liability in the US soar, there are increasing concerns of the impact third-party litigation finance (TPLF) might have on insurers and consumers and this had led to action being taken towards mitigating the effects of social inflation.

Andy Hottinger discusses the potential impact of COVID-19 and climate change on lines like casualty, motor, health, and professional liability.

Companies should focus on their employees, especially in the wake of the pandemic, said Gary Grose, president, Commercial Specialty, Argo Group, at Joint Industry Forum in New York.

As the economy continues to rebound after the pandemic, insurers expect to see growth in construction and hospitality business in 2022, said Rebecca Gitig, head of US primary liability for Aspen Insurance.

North American property/casualty reinsurance markets are growing increasingly complex, with continued underwriting discipline needed, said Jason Busti, North America president for AXIS Re.

Thorsten Steinmann, head of casualty underwriting, EMEA for Swiss Re, discusses challenges and opportunities in the region.

Eric Sugier, Liberty Mutual Re’s Head of Property, describes how the growing risk of flood is changing reinsurers’ approach to property, and how the industry already has the tools to help manage the threat of more frequent extreme weather events.

As the market improves, casualty reinsurers are striving to improve and optimize margins. Is it simply a matter of going through the motions, or, as Thomas Greene, head of Casualty – Reinsurance, Liberty Mutual Re, USA suggests, do reinsurers need to find a better way forward?

Nicola Parton, head of P&C Business Management at Swiss Re, explains how the rapid growth of third-party litigation funding could threaten the affordability – and even insurability – of some liability risks.

Keith Mallia-Milanes, chief executive officer, International General Insurance Company (Europe) SE – IGI Europe, outlined IGI’s ambitious plans to expand in Europe from its new Maltese base.

Jean-Paul Conoscente, CEO of SCOR Global P&C, sets the scene for the forthcoming reinsurance renewals.