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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
Alternative Risk Transfer
The buyer for UnipolSai Assicurazioni, one of Italy’s largest insurers, has said he will not be pressing reinsurers for the lowest possible conditions in this renewals as he prefers to establish long-term strategic partnerships with a much smaller panel of reinsurers. 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
Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Re, has closed catastrophe bond Market 2016-5 (Weather) at $30.8 million. 13 September 2016
Alternative Risk Transfer
The catastrophe bond markets represent the leading indicator of where catastrophe pricing is heading, with the rates and trends driving this sector often not reflected in the traditional market for up to two years, John Seo, founding partner, Fermat Capital Management, told Monte Carlo Today. 13 September 2016
Insurance
In the current market environment, which includes intense competition and the pressure to change, innovation is key, said Munich Re at its press conference at the Monte Carlo Rendez-Vous. 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
Insurance
Managing agent Asta has finalised a transaction to finance the development of UK-focusing managing general agent (MGA) OverArk. 12 September 2016
Alternative Risk Transfer
The UK government has unveiled plans to implement an insurance-linked securities (ILS) framework in early 2017. 12 September 2016
News
Specialty re/insurer Sompo Canopius Re has appointed Thierry Pelgrin as head of continental Europe. 12 September 2016
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