The Insurance Market in 2010: The Lingering Impact of the Recession on Capacity and Pricing

April 7, 2010 at 11am EDT

The Insurance Market in 2010: The Lingering Impact of the Recession on Capacity and Pricing
Slides

Advisen hosted a webinar and wrote a white paper that examines the insurance market in 2010.

On April 7, FM Global’s Chris Johnson, Gen RE’s Berto Sciolla, the Insurance Information Institute’s Bob Hartwig and Advisen’s Dave Bradford and Jim Blinn discussed the market, avenues for growth and capital management by insurers, and debate how market participants should manage within this environment. The free, one-hour webinar sponsored by FM Global also addressed pricing trends by line of business including a forecast through the remainder of 2010.

Panelists

The following panelists participated in the webinar:

• Robert Hartwig, President of the Insurance Information Institute
• Chris Johnson, Senior Vice President –Marketing and Enterprise Learning at FM Global
• Berto Sciolla, Executive Vice President – North American Treaty Reinsurance at Gen Re
• David Bradford, Executive Vice President of Advisen
• Jim Blinn, Principal, Advisen Ltd. (moderator)

Webinar Topics

Topics discussed included:

• The state of the market (unyielding soft market, depressed written premiums, capacity growing, surging cat losses)
• The pricing cycle
• The pricing cycle supply and demand
• Credit crisis and recession
• Other factors (catastrophe losses, new capacity, loss reserve releases, developing economies, new products and market segments, insurer risk and capital management)
• By-line developments
• Forecast