Aspen’s Chief Underwriting Officer, Reinsurance, John Welch, recently spoke with Mia Wallace from Insurance Business to discuss how events over the last few years’ have shaped and impacted the reinsurance market today. Read the full article below:
Whether it’s data and analytics, communications or consolidation, a host of factors have reshaped the reinsurance market in recent years. Alongside these, the market has had to face up to the rising cost of natural catastrophes around the world, driven by the increasing frequency and severity of nat-cat events, while inflationary pressures continue to drive up repair and replacement costs.