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The CEO said the French reinsurer will avoid court cases where possible in pandemic coverage disputes.
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Affirmative cyber risks could be the next systemic risk the ILS market takes on, the executive suggests.
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The carrier will largely avoid ILS and focus on differentiating through ESG.
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The InsurTech announced a partnership with Lockton Re earlier this month, and completed a fundraise in the fall.
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New boss Flandro suggested subordinated debt as a reinsurance alternative in a hardening market.
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The ILS manager sees Florida primary and retro business producing more return than reinsurance.
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The carrier would consider a variety of tactics to manage third-party capital, the CEO said.
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Investors are still regaining trust after recent major loss years, the consultancy firm said.
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The exec was speaking after the broker was acquired by Cinven and GIC in a multi-hundred million deal.
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The European reinsurance chief says interest rates and loss experience drive the carrier’s hardening stance.
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The president and CEO urges wordings precision to avoid cyber-related litigation.
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Alternative capital reduced by around $3bn in H1 2020 due to trapping.