Bloomberg Businessweek Markets Tumble, How Insurers Manage Risk
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Jan 7, 2025 John Augustine, CIO at Huntington Private Bank, discusses the potential risks in the housing market and its impact on the U.S. economy. Vince Tizzio, CEO of AXIS Capital, delves into how insurers are tackling today's complex risk landscape, particularly in credit and cyber insurance. Sylvia Jablonski, CEO & CIO at Defiance ETFs, shares insights on shifting investor sentiments, focusing on emerging sectors like quantum computing and AI. The chat ultimately highlights the blend of economic challenges and innovative investment strategies.
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Specialty Insurance
- Axis Capital focuses on specialty insurance, covering risks beyond traditional policies.
- Their offerings include marine, energy, cyber, and professional liability insurance.
Credit Risk Insurance
- Axis Capital provides credit risk insurance globally, supporting bank lending in emerging markets.
- The risk landscape varies between regions, particularly between Europe and the United States.
Property Reinsurance
- Axis stepped back from property reinsurance before market price increases.
- They prefer individual property risk assessment, finding their current approach highly accretive.