Ep 105 David Flandro: Secondary perils driving just about everything at 1.1

Today’s interview is one of the most all encompassing I have ever
done. That’s all because of the interviewee and his research team
who have just produced one of the most comprehensive 1st of
January renewal reports I have ever read. The 2022 renewals have
been much more interesting than usual with reinsurers undertaking
a fundamental rethink of how they view Property Cat alongside
taking a view on casualty trends, Covid and the long-term likely
effects of both the social and economic forms inflation.
Meanwhile Cyber insurance has been undergoing a huge dislocation
and a wholesale re-rating and we have also had the effects of the
class of 2020 and record industry capital levels to take into
account. For this reason I was delighted to catch up with David
Flandro Head of Analytics at Howden’s HX unit to try and make
sense of it all. David is one of the smartest analysts dedicated
to the insurance world and he is also a great communicator and
great fun to spend time with. The report is out now and I would
highly recommend a read to accompany your listen here There are
some things that only a well-constructed graph can explain! LINKS
Howden 1.1.22 renewal report Times are a-changin’:
https://www.howdengroupholdings.com/assets/documents/howden-times-are-a-changin-report.pdf
We thank our naming sponsor AdvantageGo - enabling an enterprise
view of exposure: https://www.advantagego.com/ We also thank
Claims Direct Access (CDA) for their support today:
https://www.claimsdirectaccess.com/