“The reinsurance market continues to be robust” according to Frank Nutter, CEO of the Reinsurance Association of America (RAA). Brokers report that capital in the market has increased, and it was a relatively “low catastrophe” year. Among the concerns and challenges facing reinsurers, cyber exposure, the reauthorization of the Terrorism Risk Insurance Act (TRIA), and the retrocessional market. The industry …

The U.S. reinsurance market is very healthy. That according to Frank Nutter, President of the Reinsurance Association of America (RAA). Mr. Nutter says capital positions have been “strong and growing” thanks, in part to alternative capital vehicles. Market conditions are “very competitive” due to the amount of supply outpacing demand. Catastrophe losses continue to be a challenge, a threat, for …

Reinsurance Association of America (RAA) president Frank Nutter comments on the evolution of the “blended model” in reinsurance with alternative capital contributing to the way reinsurance provides capacity to insurance companies, not just in the catastrophe area. He sees reinsurance companies diversifying into the insurance business, viewing capital markets as “largely competitive…and complementary.” Mr. Nutter admits that reinsurers have struggled …

Frank Nutter, President of the Reinsurance Association of America (RAA), says the reinsurance market has not changed much in previous years.  “Capacity exceeds demand…It’s a buyer’s market.” Reinsurance brokers report that the “rate threshold” has not been reached as of January, and probably won’t be for the foreseeable future. He believes that even a major catastrophe probably would not likely …

WRIN.tv speaks with Frank Nutter, President and CEO of the Reinsurance Association of America (RAA), about the state of the reinsurance market, capital growth, a US/EU covered agreement, and growth. According to Mr. Nutter, the market remains highly competitive. Capacity and capital increased in 2016, which contributed to rates being flat to down – a good thing for buyers. Capital …

On the Road at the Joint Industry Forum in New York, WRIN.tv asked several insurance trade association executives to consider the impact of the new Trump Administration on various sectors of the insurance industry. Here, we share the hopes, concerns and expectations of: Michael Morrissey, President & Chief Executive Officer of the International Insurance Society (IIS) David Sampson, President and …

In this edition of WRIN.tv’s Reinsurance Today, host Frank Nutter, President of the Reinsurance Association of America (RAA), welcomes Mr. John Bender CEO of Allied World Re to discuss opportunities in the reinsurance market, including emerging risks such as cyber and “green technologies, alternative capital and Asia. “On the insured level, there are a number of opportunities for growth and …

During the Joint Industry Forum in New York, World Risk and insurance News (WRIN.tv) asked industry leaders to react to the renewal of the Terror Risk and Insurance Act (TRIA).  Here, we have commentary from Insurance Information Institute (III) President Bob Hartwig, NAMIC President and CEO Chuck Chamness, American Insurance Association  (AIA) President & CEO Leigh Ann Pusey, Reinsurance Association …