Michael Quigley

Michael Quigley, an executive at Munich Re with a deep understanding of reinsurance, sheds light on the critical role of reinsurance in safeguarding insurance companies from catastrophic losses. He explains how this safety net allows insurers to handle massive claims, especially after disasters like hurricanes. Quigley also discusses resilience measures, advocating for improved building codes and better land use planning to mitigate risks and keep insurance premiums manageable. It's a fascinating insight into the unseen backbone of the insurance industry.