A Tale of Two Sureties: Navigating the Interplay Between Primary and Reinsurance Markets

Surety professionals are navigating a market defined by shifting risk appetites, evolving structures, and lessons learned from recent disruptions. Join us as presenters Brett Parmenter, Guy Carpenter and Michael Keimig, Markel, offer a timely look at the current landscape of the surety primary and reinsurance markets. We’ll examine recent results and emerging trends, highlight structural and strategic differences between primary carriers and reinsurers, and review the pandemic’s impact on the market. We’ll cover recent industry performance, notable claims, and shifts in reinsurance pricing and structure. Finally, we’ll consider how pandemic-era lessons learned may help us think about go-forward market performance expectations.