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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
Insurance
The European non-life insurance run-off sector is set for further restructuring and exit activity over the next three years.   14 September 2016
Insurance
Barbican’s managing agency is seeking diversification and growth through corporate partnerships, Ian Bremner, managing director of Barbican Managing Agency, told Monte Carlo Today.   14 September 2016
Insurance
Because of existing earnings pressure due to a soft market and low interest rates, all major reinsurers will shed business if there are further rate decreases in the upcoming renewals season, Benjamin Gentsch, deputy chief executive officer, SCOR, told Monte Carlo Today.   14 September 2016
Insurance
The question of whether the growing diversity of capital entering the risk transfer industry will ultimately end its traditionally cyclical nature was debated by senior industry executives at the annual Intelligent Insurer roundtable in Monte Carlo.   14 September 2016
Insurance
Deutsche Rück sees itself as one of the few reinsurers that are not under growth and profitability pressures, and is confident that the current difficult operating environment can and will be overcome, chief executive officer Arno Junke, told Monte Carlo Today.   14 September 2016
News
In the aftermath of the UK’s vote to leave the European Union (EU) Tokio Millennium Re’s (TMR) UK branch is in a position to watch things with more equanimity than others.   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
Alternative Risk Transfer
The insurance-linked securities (ILS) market has performed well so far in 2016 despite the fact returns are a lot lower than they once were, Lixin Zeng, the head of AlphaCat Managers, Validus Group’s fund management business, told Monte Carlo Today.   14 September 2016
News
India reinsurer GIC Re enjoyed growth of 21.4 percent last year (in the 12 months to March 31, 2016) and anticipates similar levels of growth in the next period driven by both international expansion and growth in its domestic market, Alice Vaidyan, chairman-cum-managing director, GIC Re, told Monte Carlo Today.   14 September 2016

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