In this interview with Reinsurance News from the 2025 Rendez-Vous de Septembre in Monte Carlo, Guy Carpenter’s Ed Hochberg, Head of Global Risk Solutions, discussed how earnings protection and legacy were key themes in his conversations during the event.
Ed described how markets are increasingly looking to work with Guy Carpenter to determine earnings-protection solutions for clients.
“That’s one of the biggest changes in that there’s a greater willingness to head back into the water,” he said. “I don’t think it’s a one-size-fits-all, however. Sometimes there could be some very straightforward solutions, or there are solutions that will need to be a bit more structured. But I think that we will see a lot more activity in that space over the coming months.”
Regarding legacy, Ed said he felt that market is a bit more uncertain.
“I think there is definitely demand on the part of cedents to transfer liabilities, and even more so there are those in the market that would consider doing it,” he explained. “There’s some very strong capital efficiency reasons and other reasons to do those transactions. But the market has contracted, there’s only a handful of players that can look at transactions of a meaningful size.”