Is There a Problem With the Global Reinsurance Market?

For this one of our sponsor showcase video interviews, for the upcoming Artemis ILS NYC 2022 conference (held April 22nd in New York City), we welcomed Tom Johansmeyer, Head of PCS, part of the Verisk group of companies, and our Headline sponsor for the event. 

As ever, we’re looking at the development of the insurance-linked securities (ILS) market with one eye to the future, as is the way with Artemis’ ILS events. 

To that end, Tom had some particularly interesting and highly relevant views to share on political violence and also cyber terrorism, two areas of the insurance and reinsurance market that are not yet staple perils for insurance-linked securities (ILS) investors, but that Tom believes could become so in time. 

In particular, Tom believes that recent trends are driving increasing risks of political violence, unrest and also cyber attacks, making the development of additional risk capital sources and new risk transfer products to address these exposures increasingly important.