Now Playing:

Willis Re's Cavanagh and Kent: Fewer Companies Means Brokers Cast Wider Nets

John Cavanagh, global CEO, and James Kent, global deputy CEO, Willis Re, said the ranks of primary insurers dropped about 20% in the past 10 years, spurring brokers to expand into areas such as life and mortgage.

Register to be notified of new A.M. BestTV episodes.

  • Loss Estimates Fall Short in Gauging Post-Event Costs

  • A.M. Best's Outlook for Reinsurance: Negative, but Possible Upsides

  • Munich Re's Kuczinski: Traditional Re Shrinking; New Risks Expanding

  • A.M. Best's Mosher: Methodology Update Could Affect Small Number of Ratings

  • JLT Re's Reynolds: Europe Repositioning Slowed Ahead of Political Resolution

  • Barbican's Reeves Sets Sights on African, Southeast Asian Markets

  • RMS' Pritula: Data is Plentiful; The Challenge is Drawing Economic Value

  • Asta's Holm: Entrepreneurial Opportunities Driving Surge in MGAs

  • CoreLogic's Botts: Most Harvey Flood Losses Were Outside 100-Year Zones

  • Reinsurance Panel: Recent Cats Will Affect Markets in Different Ways

  • Gen Re's Toffanello: UK, Italy, South Africa See Major Risk Developments

  • LMG's Beazley: London Gaining the Components to Become an ILS Center

  • Aon Benfield's Andersen: Focus on Paying the Claims First, Pricing Later

  • Axis' Benchimol: Novae Acquisition Should Put Us in Lloyd's Top 10

  • IGI's Jabsheh: Middle East Insurers Eye Expansion in Africa, Asia

  • Mazars' Skeels: Broking, Lloyd's Attract Most M&A Interest

  • Swiss Re's Karl: Catastrophe Claims Response Will Put Sectors in the Spotlight

  • Qatar Re's Saacke: Machine Learning Will Help Manage the Data Deluge

  • Aon Benfield's Van Slooten Sees a Modest Upturn in Demand for Reinsurance

  • Perils' Held Explains Why Modelers' Loss Estimates Change

  • Hamilton's Brown: Next Wave of Competitors Will Tie Tech to New Capital

  • Bermuda's Kading: Island In Midst of Fifth Wave of Capital Formation

  • PwC's O'Hearn: The More Things Change, the More They Need Change Management

  • Clyde & Co.'s Konsta: Insurance M&A Hits the Slowdown Phase

  • ICMIF's Tarbuck: Mutuals Taking First Steps in ILS Market

  • Lloyd's Beale: We're Set for Catastrophe Claims

  • Africa Re's Karekezi: Market Fragmentation Challenges Africa's Insurers

  • Reinsurers: Protection Gap Is Also a First-World Problem

  • Lloyd's Beale on CII Role: Let's Build Trust Through Professionalism

  • Axa Investment's Price: Insurers Shift Assets to Counter Low-Rate Environment

  • Hamilton Re's Reardon: Microinsurance Yields Lessons in Closing Protection Gap

  • Willis' Dubinsky: Devastating Storm Losses Could Trigger One-Third of Cat ILS

  • Willis Re's Cavanagh and Kent: Fewer Companies Means Brokers Cast Wider Nets

  • Global Reinsurers See More Than Catastrophe Risk on Horizon

  • Hannover Re's Wallin: ILS Growth Limited by Shorter Tail

  • Hurricane Irma Is 'Either the Day of Reckoning or the Day of Glory' for ILS Market

  • AIR's Churney: It's Not Just the Cyberrisk, It's the Interconnected Risks

  • Tokio Millennium's Ruoff: Current Cats Likely to Spur Alternative Capital

  • JLT's Flandro: Reinsurance Sector Still "Two or Three Iterations" From Recapitalization

  • TigerRisk's Crawley: MGAs May Be the Flavor of the Day, But Little Is New

  • Facing Slim Returns, Reinsurers Look to New Sectors, Venues