How (re)insurers can prepare for the next shift in the market cycle

As reinsurance pricing continues to soften, how can insurers and reinsurers prepare for the next shift in the market cycle?

In a recent episode of The Reinsurance Podcast, recorded at Baden-Baden, David Flandro, Head of Industry Analysis and Strategic Advisory at Howden Re, discusses the changing dynamics of the reinsurance market and the importance of balancing growth opportunities with capital discipline.

“We hope that the sector is big enough and diverse enough, both in terms of product and in terms of the sources of capital, that everybody can win.”

Drawing on Howden Re's Breaking the glass report, David explores how the growing diversity of capital sources and reinsurance structures is creating new opportunities for insurers and reinsurers to strengthen their portfolios and prepare for future market shifts.

He also discusses how the expansion of alternative capital, the growth of managing general agents (MGAs) and advances in artificial intelligence are reshaping the sector – creating new opportunities for diversification, innovation and more efficient risk transfer.