PwC's del Re: Climate Risk Extends Far Beyond Property Damage

Jim Williamson, president and CEO, Everest Group, said reinsurance pricing expected to decline moderately in 2026, with ample capacity from major carriers. Williamson spoke with AM Best TV at the Cayman Captive Forum 2025.

Alex Hindson, partner and head of sustainability, Crowe UK, said models for transition and litigation risks don't exist, forcing reliance on scenario analysis. Hindson spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Domenico del Re, director, sustainability, PwC United Kingdom, said climate impacts will extend across food systems, health care and water scarcity. He spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Amy Barnes, head of climate and sustainability strategy and head of energy and power, Marsh, said climate risks impact traditional property lines while energy underwriters capture opportunities. Barnes spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

JC Marais, faculty, African Institute of Financial Markets and Risk Management, University of Cape Town, discusses his research on how insurer capital and market shifts shape the property-liability underwriting cycle that influences pricing, risk and profitability.

Tim Prince and Eli Sanchez, both of AM Best, said rated insurers are rebalancing investment portfolios. They spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Lockton Re CEO Tim Gardner discusses softening markets, client value, AI’s impact and navigating global volatility. Gardner spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

Corneille Karekezi, group managing director and CEO, Africa Re, cited diversification into motor, imports and electric vehicles. Karekezi spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

Mark Cloutier, chairman & CEO, Aspen, said climate risk and social inflation help maintain pricing discipline in reinsurance markets despite cycle pressures. Cloutier spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

Greg Carter, managing director, analytics, AM Best, said higher interest rates helped insurers' investment returns and profit retention. Carter spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.