Luca Albertini, Leadenhall Capital Partners: "We have a lot more capital coming in and we still have monumental gap between insured losses and economic losses in large catastrophes. For years and years we've been trying to address this. Can this new capital allow the industry to look at some of these ideas, to get governments and financial sector to buy more cover? Banks, for example, are exposed to pandemic risk that is completely unsecured."
Most Read
- Eiopa's paper is a significant step forward for mass lapse reinsurance across Europe
- Scor and Swiss Re heap praise on "game-changing" upgrades to generative AI
- Swiss Re "thinks like a software company", proclaims CEO Andreas Berger
- Dutch rules to add additional layer of scrutiny to asset intensive deals
- Italy's life lapses have now peaked, says Moody's
- Utmost completes first UK bulk annuity buy-in deal
- Eiopa opens consultation on mass-lapse reinsurance
- Protective Life repositions its risk and corporate actuarial teams
- IAIS declares AM provides "basis" for ICS comparability, work still to be done
- European supervisory authorities' climate risk analysis covers insurers
Latest Stories
-
Earthquake insurance now covers 35% of Japan's households
15 November 2024 -
Aon unveils updated Florida flood model
15 November 2024 -
Eiopa urges Commission to shield small insurers from Solvency II and Dora overlap
15 November 2024Eiopa argues for measures to ease compliance for small insurers during Dora transition
-
UK's financial watchdogs must "regulate for growth", says government
15 November 2024Rachel Reeves's Mansion House speech signals rollback of senior managers and certification regime
-
Brookfield enters into first funded re transaction in UK
15 November 2024Reinsures $1.4bn of pension liabilities in deal with Just Group