Major CAT loss unlikely to move buyer’s market in reinsurance – RAA President.
Frank Nutter, President of the Reinsurance Association of America (RAA), says the reinsurance market has not changed much in previous years. “Capacity exceeds demand…It’s a buyer’s market.”...
View ArticleWill 2017 be a record CAT year? – I.I.I. CEO comments.
2017 has been a very active year for catastrophes…and traditional seasons are shifting. That according to Sean Kevelighan, President and CEO of the Insurance Information Institute (I.I.I.). Mr....
View ArticleIndustry learning as it copes with $100B in losses from 2017 hurricanes – RMS.
The 2017 Hurricane Season brought over $100 billion in insured losses. According to John Kapitan, an SVP at RMS, “the (insurance) industry has coped well.” There are numerous improvements in the...
View ArticleRAA’s Nutter discusses “blended model” and “new normal” in reinsurance sector.
Reinsurance Association of America (RAA) president Frank Nutter comments on the evolution of the “blended model” in reinsurance with alternative capital contributing to the way reinsurance provides...
View ArticleFragmentation of business model forcing insurers to be flexible…pivot quickly.
Fragmentation is a major issue within the insurance industry today, according to Phil Reynolds, CEO & Co-Founder of BriteCore. Traditionally carriers sold products through agents, and were backed...
View Article“Healthy” Bermuda market opportunistic as it fights “protectionism” – ABIR CEO
John Huff, President and CEO of the Association of Bermuda Insurers and Reinsurers (ABIR) discusses the health of the Bermuda market, as well as the challenges and opportunities he sees going forward....
View ArticleReinsurance upgraded to “Stable” as A.M. Best cites possible “inflection point”
According to Stefan Holzberger, Chief Rating Officer at A.M. Best, the property-casualty sector of the insurance industry saw improvements in performance. And with levels of capitalization “robust”,...
View ArticleUS Reinsurance Market “Healthy” While Facing New Threats & Opportunities
The U.S. reinsurance market is very healthy. That according to Frank Nutter, President of the Reinsurance Association of America (RAA). Mr. Nutter says capital positions have been “strong and growing”...
View ArticleInnovation is Happening in Insurance, but Not Disruption – Not Yet! – Aisus CEO
Mica Cooper, CEO & President of Aisus/InsureCrypt opens up about so-called ‘disruption’ in the insurance industry. According to Mr. Cooper, we’re not seeing it… Mr. Cooper notes how much people are...
View ArticleGuy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets
In this edition of CEO Angles, AAIS CEO Ed Kelly welcomes Guy Carpenter Chairman David Priebe and Reinsurance Association of America (RAA) President Frank Nutter for a discussion on the current state...
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