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Insurance
Pricing competition and a continuing soft market will weaken French-non life insurers’ earning in 2016, according to a report from Fitch Ratings. 15 September 2016
Insurance
The European Parliament has voted to object to the regulatory technical standards (RTS) for the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation. 15 September 2016
Insurance
Euler Hermes Reinsurance has de-risked its portfolio in the last 24 months in a bid to enhance its profitability. It has reduced its total exposure by around 4 percent as a result, to €860 billion ($966 billion) from €890 billion ($1,000 billion) previously, Benoît des Cressonnières, chief executive officer of Euler Hermes, told Monte Carlo Today. 14 September 2016
News
Advances in technology, in particular driverless cars, pose a big challenge but also an array of unique opportunities to the casualty insurance business, Andrew Newman, head of casualty at Willis Re told Monte Carlo Today. 14 September 2016
Insurance
Maiden Re is continuing its campaign to extend its reach into Europe, its president told Monte Carlo Today. 14 September 2016
Insurance
Industry veteran Dirk Lohmann, the CEO and one of the founders of Secquaero, the fund manager now 50.1 percent-owned by asset manager Schroders, plans to form a fund dedicated to life insurance-linked securities (ILS) in 2017. 14 September 2016
Insurance
Catastrophes in 2016, both natural and manmade, have reinforced Impact Forecasting’s view that cat models require a more proactive than reactive approach, Adam Podlaha, the company’s chief executive, told Monte Carlo Today. 14 September 2016
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
Possibly the biggest single talking point of Monte Carlo 2016 has been the surprise and somewhat bizarre rebranding of broker Cooper Gay as Ed. 14 September 2016
Insurance
In the wake of recent terror-related attacks, the insurance industry must expand its role of supporting the financial resilience of economies. This includes further clarifying the industry’s position alongside government-sponsored terrorism pools, according to Emma Karhan, managing director, Guy Carpenter. 14 September 2016
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