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Insurance
Bermuda’s strengths as a globally respected place to do business have been highlighted by the ongoing uncertainty over the Brexit vote, according to Greg Wojciechowski, president and chief executive officer of the Bermuda Stock Exchange (BSX). 14 September 2016
Insurance
The growth of the life market in Bermuda has been a natural evolution, partly aided by Solvency II equivalence and the island’s attractiveness as a domicile to write new business, Appleby partner Brad Adderley told Monte Carlo Today. 14 September 2016
Insurance
In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference. The responses to various key questions will be published in this newsletter. 13 September 2016
Insurance
If UK insurers lose passporting rights as a result of the country’s exit from the European Union, they must develop the right solutions to manage the related risks going forward, Paul Latarche, director of Moore Stephens, told Monte Carlo Today. 13 September 2016
Alternative Risk Transfer
Hiscox has unveiled plans to build a collateralised reinsurance insurance linked securities (ILS) capability to be launched on January 1, 2017. 13 September 2016
Insurance
The ILS and collateralised reinsurance markets continue to grow apace, and Artex Risk Solutions is ideally placed to service clients globally thanks to two acquisitions, as Justin Wallen, head of ILS–Guernsey at the company, explains to Monte Carlo Today. 13 September 2016
Insurance
The rapid growth and even bigger ambitions of a number of reinsurers based in emerging markets are starting to change the reinsurance landscape for the better—but the threat of protectionism could stymie this process. 13 September 2016
Insurance
Bermuda-based reinsurers are losing ground when their profitability is compared to that of their peers in North America, according to Fitch. 13 September 2016
Insurance
The industry is facing headwinds, tailwinds and crosswinds—experts including Denis Kessler, chairman and chief executive officer (CEO) of SCOR, discussed these challenges at a PwC-hosted breakfast briefing at the Monte Carlo Rendez-Vous yesterday. 13 September 2016
News
Inconsistencies in the way reinsurance funds are reporting their estimated performance to investors and even selling themselves to new potential capital are becoming increasingly problematic for the industry and should be standardised, Darren Redhead, chief executive of Kinesis Capital Management, told Monte Carlo Today. 11 September 2016
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