The Reinsurance Market: Where Does Inland Marine Fit In This Evolving Marketplace-The Reinsurance Market: Where Does Inland Marine Fit In This Evolving Marketplace

Video Transcription

Video Summary

In today's webinar hosted by the Inland Marine Underwriters Association, James Overdy from Aon's Reinsurance Unit discussed the current state of the reinsurance market, particularly focusing on the Inland Marine sector. He highlighted the importance of matching reinsurance coverage to the specific risks of the business unit and the different marketplaces available for reinsurance. James emphasized the differences between risk detaching and losses occurring reinsurance treaties and addressed questions on builders' risk, market softening, potential losses like the Baltimore Bridge incident, and the future outlook of the reinsurance market. Overall, the webinar provided valuable insights into the complexities and strategies involved in building an effective reinsurance structure for Inland Marine insurance companies.

Asset Caption

Date of Publication: May 21, 2024
Duration: 53 min

This webinar contains an overview of the Reinsurance marketplace, including discussion on where Inland marine insurance fits into the overall landscape.

The presenter reviews macro performance within the Reinsurance market, with consideration for what this means for Treaty renewals in 2024 and beyond.

In addition to the general market overview, we discuss how and where Inland Marine fits into this, including most appropriate Reinsurance market entry points, Reinsurer appetite and performance in the class of business.

Meta Tag

Module Inland Marine Insurance Industry

Keywords

Webinar

Inland Marine Underwriters Association

James Overdy

Aon

Reinsurance Unit

reinsurance market

Inland Marine sector

risk detaching

builders' risk