#56 - Alternative Risk Transfer: Why, When & How

The guys go deep into alternative risk transfer this week, discussing insurance-linked securities (ILS), cat bonds, and why re/insurers may choose different ways to mitigate risk other than traditional reinsurance deals. This episode is also packed with analogies, including one from ChatGPT!   CONNECT & SUPPORT: Website: https://www.supercede.com  LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ  YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q  RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: producer@thereinsurancepodcast.com  OUTLINE & TIMESTAMPS: (00:00) Intro (02:57) Jerad’s Analogy for Alternative Risk Transfer (06:18) ChatGPT’s Analogy for Alternative Risk Transfer  (08:31) Ben’s Analogy for Alternative Risk Transfer  (10:02) Insurance Linked Securities (ILS) Explained (15:22) Concerns With ILS Compared to Traditional Reinsurance (17:58) Drivers of ILS Purchasing, Cat Bonds, & Capacity Constraints (19:48) Basis Risk: Indemnity Triggers & Parametric Coverage (22:22) Traditional Reinsurance Vs. Alternative Risk Transfer  (26:15) Brokers Using Creativity to Solve Client Problems (28:25) Insurance Add-Ons, Protections, & Exclusions

Om Podcasten

Navigating the world of reinsurance can feel complex, but it doesn’t have to be dull. Join Jerad Leigh and Ben Rose—co-founders of Supercede and genuine reinsurance nerds enthusiasts—as they unravel the nuances of market dynamics. With industry expertise, they dive into the trends, challenges, and stories shaping the reinsurance landscape. Whether you're a seasoned professional or just looking for a little more knowledge to ensure the glazing over of eyes at parties, tune in for an engaging journey through the world of reinsurance!