John Lavin, executive vice president, E&S property, U.S. insurance, Sompo International, said he expects continued rate increases from reinsurance programs and increased retentions ahead.
Sept. 19, 2023
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Panel: Insurers Looking to AI to Aid Underwriting, Support
Burns and Wilcox CEO: Talent, Capacity Continue to Challenge E&S Market
Navigators’ Garrison: Reinforced Casualty Rates Seen in Wholesale Market
Burns and Wilcox President: E&S Carriers Boosting Technology Investment
Panel: E&S Market Faces Climate, Technology as Emerging Risks
H.W. Kaufman EVP: Industry Attracts Young Talent, but Insurance Build-Out in Progress
Westfield Specialty’s Kuhn: Specialty Market ‘One of the Best’ in Years
Ironshore’s Cook: Aging Population, Staffing Challenge Health Sector
Nationwide’s Nelson: Opportunities Abound in E&S Wholesale Despite Cat Woes
Xceedance’s Parcelli: AI Plays Role in Underwriting, Difficult-to-Place Risks
Panel: Solutions, Premium for Cyberrisk Burgeoning in Surplus Lines
Aon Edge’s Dickson: Shift in Risks Creates Opportunities for Private Flood Market
BMS Re’s Bohan and Speckman: Collateralized Market, Capacity Create Opportunities for MGAs
QBE’s Zell: Insurer Suits Against Own Counsel an Emerging Trend
Munich Re’s Tredinnick: Social Inflation, Law Enforcement Unique Risks Facing Public Entities
Sompo’s Lavin: Increased Rates, Retentions Expected for January Renewals
Panel: Growing Focus on Assessment, Data to Mitigate Climate-Related Risks
Admiral’s Bassett: Ax Throwing, Fights Among Liquor-Related Risks
Axis’ Carr: Rising Nat Cats Spur Market Dislocation
Panel: Advancing Tech and AI Make a Great but Potentially Problematic Combo
WSIA’s Kelley: Surplus Lines Sector, Marketplace Conference Continue to Set Records
RT Specialty’s Austenfeld: Specialization, Diversity of Thought Distinguish Surplus Lines Sector
Amwins’ Baig and McNatt: Tech Expertise Matters, but Building Relationships Is Critical