Willis Re's Newman: Reinsurance Industry May be Nearing Inflection Point

2:36

Andrew Newman, president, Willis Re, said his firm's analysis of the reinsurance sector shows that reinsurers' rates of return have fallen to the lowest average levels in years.

 

PwC's Williams: Insurers Are Great Risk Learners, Poor Communicators

Scott Williams, director, PcW Global Crisis Center, said insurers are uniquely positioned to share information and educate businesses, societies and governments on issues of risk and sustainability, but appear to lack the drive and skills to do so.
 

Lloyd's Beale: Time for Insurers to Step Up the Research, Development

Inga Beale, CEO, Lloyd's, said the insurance industry invests less in researching risks and developing new products than industries such as manufacturing.

 

American Agricultural's Graham: Farm Sector a Hotbed of Emerging Risks

Lorie Graham, senior manager, American Agricultural Insurance Company, said farmers are rapidly adopting drones, sensor based equipment, 3D printing and new business models, creating new types of exposure to which agricultural insurers must respond.
 

Flood Re Sees Its Coverage Rising

Aidan Kerr, operations director, Flood Re, said the reinsurer is aiming to cover 200,000 U.K. households for flood risk in the shorter term and eventually reach up to half a million by operating in the background of the homeowners' insurance market.

Copyright © 2017 A.M. Best Company, Inc. and/or its affiliates ALL RIGHTS RESERVED.