Casualty: tailwinds turn to headwinds – discipline is needed in turbulent times

While reinsurance property lines might still be enjoying hard market conditions, the situation for casualty re/insurers is more complex. Increased competition has driven rates down while loss costs, driven by economic inflation, social inflation, higher loss values and economic turbulence, have increased. The tailwinds carriers enjoyed are now turning – into noticeable headwinds. Meanwhile, concerns about adequate reserving are emerging as are worries over investment portfolios. The discussion will offer a bird’s eye view of the casualty landscape, while also drilling into the nuanced picture in specific lines including workers’ comp, D&O, transactional liability, cyber and general casualty business. The discussion will consider the importance of discipline in turbulent times. This special webinar called ‘Casualty: tailwinds turn to headwinds – discipline is needed in turbulent times’, featuring speakers from Markel Global Reinsurance, Aon and Howden Re will examine the complexities of casualty business ahead of another renewal. The event is being held on July 10 at 3pm BST/10am EDT and is sponsored by Markel Global Reinsurance. At this event, you will: - Understand the challenges carriers are facing and why they are so intense - Secure insights into the nuance around how difference lines are performing - Gain an understanding of how inflation and increased loss costs are hurting carriers - Better grasp how carriers can still be results-oriented despite uncertainty - Learn why good communication between cedant, broker and reinsurer is critical In this free webinar, you’ll hear from: - Don Bahr, President, Markel Global Reinsurance - Alan Dowling, Managing Director, Markel Global Reinsurance - Randy Stanco, Executive Managing Director, Aon - Jim Walsh, Managing Director, Howden Re This webinar is brought to you in association with Markel Global Reinsurance. By registering you agree to share your information with this organisation.