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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
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
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
Maiden Re is continuing its campaign to extend its reach into Europe, its president told Monte Carlo Today. 14 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
News
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
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