2021 Renewals
In this IIL reinsurance webinar, David Flandro discusses the current state of risk transfer markets, including the 1 January reinsurance renewals. Relevant topics include the increase in secondary perils from 2017-2021 and their effect on pricing, macroeconomic factors such as inflation, sector capital levels, and the prospects for carriers as the sector enters a post-COVID world.
This time two years ago, a total shock was inflicted on the sector driven by a global pandemic, including geopolitical tensions, uncertain equity and bond markets, more frequent natural catastrophes and growing concerns about climate change. Some elements of the shock have now dissipated, but many of its effects still linger. Throw into the mix rising inflation, supply chain disruptions, a dislocated cyber market, higher reinsurance costs, yet more extreme (and unusual) weather events, less confidence in catastrophe models, and the operating environment is just as challenged at the start of 2022.
Learning objectives:
- Understanding the main drivers of (re)insurance pricing, including what is changing
- Learning how to mitigate risk in the post-COVID world
- Forming an assessment of likely future sector trends
Venue
- Online event
Booking information:
You will be sent a confirmation email shortly after booking. If you have not received this within one hour, please contact Patricia Pedraza (020 7397 3911).
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CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.