Given the continued increase in the frequency and severity of natural catastrophe events and with the 2024 Atlantic hurricane season right around the corner, all eyes are on the pivotal June 1 property reinsurance renewals. Has the hard property catastrophe market, often called a “once in a generation” market, in danger of softening? What new capital has come in hungry to take on property risk?
Join Insurance Insider, in partnership with KBRA, for a free webinar, 10:30 EDT/3:30 BST on June 5 as we explore current market conditions and the implications for primary insurers.
Discussion questions include:
--Overview of June 1 renewals
--Where is new capital entering the market?
--How are insurers responding to the most challenging property markets?
--Is the role of ILS expanding?
--What parametric solutions are gaining traction?
--Do you see collateralized reinsurance growing?
--What role does AI play in renewals?
Speakers include:
Peter Giacone, Senior Managing Director, KBRA
Warren Berkstresser, Executive Vice President and the Property/Short Tail Lines Solutions Leader, Gallagher Re North America
Michael Schindel, Head of North American Property, Hiscox Re & ILS
Moderator: Meg Green, Senior Editor, Insurance Insider