A Conversation with Thierry Léger

Global Insurance Forum Expert Series

Global Insurance Forum Experts Series: An Interview with Thierry Léger

In this interview Thierry Léger, group chief underwriting officers at Swiss Re, explains:

  • that effects from climate change now account for half of reinsurers' net cat losses
  • that the data for half the exposures just isn't good enough at the moment.
  • that demand is surging for cat coverage just as capacity is leaving the market, creating "monumental" gap of perhaps $40 billion or $50 billion between the demand and the offer.

Date: November 29, 2022

Time: 10:00 am EST

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About the Speakers

Paul Carroll

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Paul Carroll

Paul Carroll is the editor-in-chief of Insurance Thought Leadership.

He is also co-author of A Brief History of a Perfect Future: Inventing the Future We Can Proudly Leave Our Kids by 2050 and Billion Dollar Lessons: What You Can Learn From the Most Inexcusable Business Failures of the Last 25 Years and the author of a best-seller on IBM, published in 1993.

Carroll spent 17 years at the Wall Street Journal as an editor and reporter; he was nominated twice for the Pulitzer Prize. He later was a finalist for a National Magazine Award.

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Thierry Léger

Thierry Léger

Thierry Léger

Thierry Léger started his career in the civil construction industry before joining Swiss Re as an engineering underwriter in 1997. In 2001 he moved to Swiss Re New Markets, providing non-traditional solutions to insurance clients. Between 2003 and 2005 he was a member of the executive team in France as leader of the sales team. From 2006, Thierry Léger assumed increasing responsibility for Swiss Re’s largest clients, ultimately becoming the Head of the newly-created Globals Division in 2010 and a member of the then existing Group Management Board. In 2013, Thierry Léger became Head of Life & Health Products Reinsurance. As of January 2016, he was appointed Chief Executive Officer Life Capital and member of the Group Executive Committee. With effect from 1 September 2020, Thierry Léger assumed the role of Group Chief Underwriting Officer.