A.G. Risk Management Inc.’s Post

Arkley: Alliant eyes specialty build-out and treaty reinsurance Alliant Insurance Services’ Peter Arkley has said building out the firm’s 14 specialty areas is a critical area of focus, arguing the retailer put its “best foot forward” at this year’s RIMS RISKWORLD conference, and that Alliant Re will eventually expand into treaty. #insurance #reinsurance

  Baltimore Bridge collapse – P&C Re/Insurer impact   Baltimore bridge collapse likely to trigger record high insured losses in the marine insurance market, estimated at $1.5 billion to $3 billion.   Marine reinsurers, particularly the International Group of P&I Clubs, are expected to absorb the majority of the losses.   This event will likely lead to a significant increase in marine reinsurance pricing.   #BaltimoreReinsuranceLoss #MarineReinsurance #RecordMarineLoss #BridgeCollapse #P&IClaims

Key take away from recent Webinar by The Nautical Institute on Dali Insurance claim: Reinsurance is insurance for insurers. P&I clubs transfer part of their risk portfolios to reinsurers to manage large-scale risks and cover high-value claims without jeopardizing financial stability. Reinsurance is crucial when potential losses from claims exceed the retention capacity of P&I clubs, providing additional financial backing for major maritime incidents. #TheNauticalInstitute #WebinarInsights #insuranceatsea

This year's P&I renewal was characterized by more financially robust Clubs, smoother negotiations with underwriters and reductions in IG reinsurance rates. To learn more about what happened at the 2024 P&I renewal, read our latest bulletin below. #ProtectionAndIndemnity #Aon #Marine Ask me about Marine Insurance daren.gretz@aon.com

🎥 Pool Re’s Clementi calls for member backing on “top priority” treaty shift Watch the News in Focus episode in FULL here👇 https://bit.ly/3VhS28P Pool Re CEO Tom Clementi has issued a final rallying cry for members to throw their support behind proposals to move the mutual’s reinsurance scheme to a catastrophe treaty model. #TheInsurerTV #NewsinFocus #insurance #reinsurance #insuranceinterview #reinsuranceinterview

Midyear Renewals: Navigating Challenges in Casualty Reinsurance Jason Busti, President of North America for AXIS (AXIS Capital) Re discusses the complexities and challenges of 2024 midyear casualty renewals Watch the interview here: http://spr.ly/6044lJW1k In Partnership with AXIS (AXIS Capital) #InsuranceInsidernews #insurance #reinsurance #InsiderOnAir

My first article on Facultative Reinsurance. Hope readers find it useful. #facultativereinsurance #reinsurance

🚨 Don’t forget to grab a copy of the Insurance Insider Daily - Day 2 edition! 📰 In this issue: US casualty treaty: Underlying improvements dampen reserving fear: http://spr.ly/6043Wwoeh Aon advising on Italian nat cat reinsurance structure ahead of government sign-off: http://spr.ly/6045Wwo5B Carrick makes first Irish acquisition: http://spr.ly/6047Wwo5D European reinsurers: The status of the Big Four as renewals approach: http://spr.ly/6048Wwo5E Lloyd’s has room to grow in reinsurance: Neal: http://spr.ly/6040Wwo5G Investor sentiment on ILS is improving unevenly across the segment: http://spr.ly/6041Wwo5H Big Questions: Casualty fear index: http://spr.ly/6042Wwo5y #RVS2024 #MonteCarlo #Reinsurance

The Cyclone Reinsurance Pool Premium Assessment, released last week, suggests that general insurance affordability is now improving for people living in cyclone-prone regions across Australia. The Assessment focuses on the Cyclone Reinsurance Pool, administered by ARPC, and is based on online quote data. To read the full report, see the ARPC website here: https://lnkd.in/gGg8HFwC   #CyclonePool #ReInsurance #InsuranceAffordability 

ARB’s aviation reinsurance provides targeted coverage designed to protect against industry-specific exposures. Review your reinsurance strategy to ensure it aligns with the current and future demands of your business. Learn more at: arbreinsurance.ae #ARB #Aviation #Reinsurance #RiskManagement #AviationInsurance #IndustryExpertise #AviationSafety