Annual Meetings-Keynote Address: Inland Marine Capacity and Reinsurance Trends

Pdf Summary

The document discusses the IMUA Annual Meeting held in Savannah, GA, focusing on navigating the reinsurance market from an inland marine perspective in April 2022. TigerRisk Partners, a leading risk advisory firm, is highlighted for its expertise in providing risk, capital, and strategic advisory services globally. The reinsurance market landscape is detailed, including macro-trends, loss & economic drivers, and market observations such as heightened renewal complexity and increased concerns over loss events and inflation.<br /><br />Key themes for 2022 include evolving ILS investor appetites, increased reinsurer views of risk, and a shift in business mix to reduce exposure to property catastrophe. Inland marine risk is portrayed as a desirable diversifier for reinsurers due to its strong performance despite challenging weather conditions. The nuances of inland marine risk, including attritional and catastrophe losses, are discussed, emphasizing the importance of proper analytics to showcase portfolio characteristics accurately.<br /><br />The presentation also touches on the trends in the reinsurance market, such as traditional rate trends, cat bond pricing, and concerns over secondary peril effects. The overarching goal is to provide insights on successful positioning strategies in the reinsurance market and to address future trends and challenges. Attendees are encouraged to leverage analytics, tailor risk profiles, and navigate evolving market dynamics to maintain a competitive edge.

Asset Caption

Presented by:
Lindsey Frase, TigerRisk Partners LLC

Keywords

IMUA Annual Meeting

Savannah, GA

reinsurance market

inland marine perspective

TigerRisk Partners

risk advisory firm

ILS investor appetites

reinsurer views of risk

inland marine risk

reinsurance market trends