Fiona Robertson

Lloyd's exploring options for early RITCs for ILS investors looking to get in and out faster than the 3 year system: CFO Keese at #LondonILS23

Our C suite hard market panel at today's #LondonILS23 suggested falling cat bond rates are not a leading indicator for broader cat #reinsurance market - even if they did express some variance on how attractive the hard market is!

Lloyd's CFO Keese says era of good returns can last with discipline. Agile PMD management and rate discipline "not only important for us at Lloyd's but for investors" #LondonILS23

PRA/BoE insurance exec urges ILS industry to get involved and test out new reforms to UK ILS regime: "We need to see some deals to demonstrate what is possible" #LondonILS23

Recent spate of #insurance lawsuits in Florida a "last hurrah of a dying industry" and largely auto lawsuits: HCI's Patel at #Londonils23

Reinsurers "running away from nat cat but...running into cyber" need to be aware of similar pitfalls including potential for modelling surprises: specialty panel at #BermudaRiskSummit

"It will take more than one 1 Jan hard market to bring capital back" to reinsurance given prior 4-5 "middling years" : Adam Champion, Inver Re at #BermudaRiskSummit

Key theme for third party capital in 2023 is looking for "cat like but not cat" reinsurance risks, expanding into other lines, says panel at #BermudaRiskSummit

Any "me too MGAs" will be found out in a hard market : CFC CUO Holmes at #LMC2022

London #insurance market's USP is covering difficult risks, you can't just "sell them a product": Specialist Risk Group's Lebecq #LMC2022

Howden's O'Connor@ #LMC2022: we need to reframe (market difficulties) and think of it as a time of great opportunity. London "should bet on itself" to innovate

Hosted some high-energy InsurTech panels at #LMC2022 this afternoon on innovation and algorithmic underwriting...the "algo" chat reassured people that the "robots aren't coming for their jobs". But innovation panel were out to overturn the London market's dress code!

Convex deputy CEO Brand says reinsurers must not approach hard market with idea of making out "like bandits" on rate but use it as an opportunity to make changes and cut costs #LMC2022

Lloyd's CEO Neal says the job just got a lot more interesting with the opportunity to manage syndicates seeking profitable growth. Tells underwriters "I'm jealous" #LMC2022

Denexus asked at #TRNY2022 how ILS firms can get comfortable with cyber models: "it requires specificity on the type of risk you're taking". Different flavours of cyber risk akin to comparing quake or wind: both cat perils but different

Aeolus's Dailey defends wide ranges of #ian modelled losses as reflecting high range of uncertainty, helpful to know extreme outlier possibilities. Pushback because "uncertainty does not feel good"#TRNY2022

Earlier our Florida #reinsurance panel at #TRNY2022 was discussing one advantage in the #ian hurricane clear-up: unlike 2017 when Harvey/Irma hit, loss adjusting resource should be free...cue the headlines about the Carolina landfall