This week’s episode is more technical; the guys pull on their (re)insurance expertise and delve into reinsurance strategy, describe the differences of hard and soft markets, and the ways in which new reinsurance players can enter the industry. To balance out the technical nature of the episode, they introduce a new game, Risk of the Week!
CONNECT & SUPPORT:
Website: https://www.supercede.com
LinkedIn: https://www.linkedin.com/company/supercedehq
Twitter: https://twitter.com/SupercedeHQ
YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q
RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss
OUTLINE & TIMESTAMPS:
00:00 Intro
03:41 An Overview of ‘Reinsurance Strategy’
05:20 Where Do Reinsurers Come From?
06:28 Hard & Soft Market Cycles
09:40 Sustaining Soft Markets
13:29 Reducing Volatility Through Diversification
16:46 Risk of the Week
21:06 Opportunities to Enter New Classes
25:21 Distribution Strategies
32:00 Barriers to Entry for New Companies
34:13 VR to ER
