September 27, 2022
Some individuals appear to have issues occur to them, whereas others make issues occur.
Richard Brindle (pictured proper) and Dan Burrows (pictured left) of Fidelis are within the latter class and are about to make historical past by changing into the primary conventional stability sheet insurance coverage firm to separate its underwriting and its capital into two impartial entities.
It’s a usually daring and interesting transfer and one which throws up many questions.
Are they doing this as a result of valuations of stability sheets are so low and people of MGAs are so excessive, or are there different motives for going via such a painful course of?
The solutions are all right here.
Richard additionally unloads an enormous quantity of his perception on the state of the reinsurance and specialty markets as we head into the 1.1 renewal season.
It’s the hardest discuss I’ve heard in my profession and that features the publish Katrina Rita and Wilma market of 2006, into which Lancashire was born.
This all provides as much as probably the greatest podcasts you’ll hearken to this 12 months, or any 12 months.
NOTES
One slip of the tongue on an acronym. SRT stands for Significant Risk Transfer not Strategic Risk Transfer.
LINKS
We thank our naming sponsor AdvantageGo:
https://www.advantagego.com/
We additionally thank this Episode’s promoting supporter Oxbow Partners
https://oxbowpartners.com
