Global Programmes 2022: State of the market: how to secure the best deal in a hard market
The leading insurers and reinsurers have survived the pandemic and are now reporting healthy results after a significant hardening in recent renewals.
The Russian invasion of Ukraine, rise in inflation and continued supply chain problems will likely ensure that there will be no significant market turn this year.
What have the year-end renewals and Q1 and Q2 experience taught us, and what will happen with rates, capacity levels, limits, deductibles and terms in key lines over the next 12 months?
Does a global programme offer the best negotiating position at renewal or does it actually make more sense to arbitrage local markets during a hard market?
Tony Hills, Client Executive, QBE
Clarissa Franks, UK Placement Leader, Marsh
Bart Smets, Head of Insurance and Risk, Umicore
Elke Vagenende, Global Head of Multinational, AIG