Insight
David Flandro breaks down the 1.1.26 outlook with McKinsey & Company
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“This is very different from Monte Carlo last year, or certainly the year before, 1.1.23 and 1.1.24 were a very different type of market than what we’re in now. Now, we think that we’re past the pricing peak, we’re in this era of hard market softening.”
David Flandro, Head of Head of Industry Analysis and Strategic Advisory at Howden Re joined Antonio Grimaldi, Partner at McKinsey & Company, to discuss his perspectives on this year’s current industry priorities discussed in Monte Carlo.
David highlights Howden Re’s recent report ‘Who dares wins: Innovation in an era of hard market softening’, and how reinsurers will need innovate and adapt to thrive in the new phase of the market cycle.