While on the ground at the 2022 Monte Carlo Rendez-Vous de Septembre, Sompo’s CEO, Global Reinsurance, Chris Donelan spoke with AM Best TV about 1/1 reinsurance renewal trends and challenges. He stressed that Sompo is here to listen to its clients’ needs and said, ‘Some clients are operating in a hard market for the first time, so it’s important to have discussions about coverage terms and how products must be priced and structured.” He emphasized the importance of being back together face-to-face with clients and partners at the Monte Carlo Rendez-Vous and noted that the improvements in data and analytics will be key to managing through inflation.
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