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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
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
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
Insurance
Details of the brand and structure that will underpin Hamilton Insurance Group’s previously announced plans to launch a new insurance platform targeting the small to medium-sized enterprise (SME) market in the US will be revealed very soon, Brian Duperreault, chief executive of Hamilton, told Monte Carlo Today. 14 September 2016
Insurance
Lloyd’s insurer Novae has strengthened its cyber team with three appointments. 13 September 2016
Insurance
Re/insurance and risk management group THB has appointed Sasa Brcerevic as chief operating officer (COO). 13 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
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
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