In this video interview with The Insurer TV, Anthony Cordonnier, Global Co-Head of Cyber, discusses how renewals were “interesting for buyers,” with “a lot of optionality for buyers to consider new structures for challenging prices and challenging attachment points.”
Anthony described how underlying portfolio performance continues to support reinsurers’ participation.
“In our global analysis of the portfolio, we see that ultimate loss ratios are between the mid-50s and the high-50s globally, which seems to indicate that there is still significant margin in this business," Anthony explained.