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Countless other insurance executives have made similar remarks as they face the prospect of legislators pushing through such bills.
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Willis Re president Andrew Newman said capital will continue to flow into insurance if adequate returns are on offer.
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Jardine currently serves on the advisory board of parametric risk-transfer trading platform Akinova.
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Evan Greenberg compared pandemic exposure to terrorism risk before 9/11.
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The Starr CEO has hit back at moves to retroactively force insurers to accept coronavirus-related BI claims.
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The insurer's Q1 net profit fell 25 percent to $600mn as cat losses were almost double those of Q1 2019.
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Charles Cooper remains chief executive of Axa XL’s global reinsurance operations while Nancy Bewlay has been appointed the new CUO.
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Dan Larkin previously worked at Allianz as midcorp program director, Northeast zone.
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Founding partner of Twelve Capital Sandro Kriesch said he does not expect many ILS funds to “be on the hook” for Covid BI losses.
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Greenberg defended the insurance sector and said it would be “unconstitutional” to retroactively rewrite contracts. -
Chubb CEO says forced payouts would bankrupt insurers, while Allianz chief expects prolonged economic recovery.
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Evan Greenberg is the only (re)insurance industry representative on the list of 200 executives who will advise on ending lockdowns.
