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Insurance
It is likely to be a relatively uneventful renewals season this year for seasoned reinsurance buyers who stick by tried and tested strategies and are not interested in opportunistic buying in soft market conditions. 13 September 2015
Insurance
Reinsurance broker Guy Carpenter is set to expand its operations in Africa, Nick Frankland, CEO of the firm’s EMEA operations, said at a press conference in Monte Carlo. 13 September 2015
Insurance
Insurers should seek to drive innovation by partnering with companies that are external to the industry, Gary Reader, partner, global insurance sector leader and Phil Smart, head of insurance and investment management, KPMG, told Monte Carlo Today. 13 September 2015
Insurance
Antares and Qatar Insurance Group, the company’s new owner, will re-examine their approach to buying reinsurance buying in an attempt to manage its exposures more efficiently, Richard Anson, head of ceded reinsurance, Antares, told Monte Carlo Today. 13 September 2015
News
The digitisation of processes, big data, transport and logistics are all factors changing insurance business models, according to Torsten Jeworrek, chief executive officer of reinsurance, Munich Re. 13 September 2015
Insurance
Some 15 Citroen 2CVs sponsored by a variety of re/insurers and some driven by well-known executives from the industry will arrive in Casino Square today (Sunday September 13) in time for the Monte Carlo Rendez-Vous, having made the 1,000-mile journey from 1 Lime Street since leaving on Wednesday September 9. 13 September 2015
Insurance
Mergers and acquisitions (M&A), capital markets, technology and the movement of property rates will be the biggest talking points at this year’s Rendez-Vous. 13 September 2015
News
In the face of intense and multifaceted market pressures, underwriters must retain their integrity and good judgement at all costs, Matthias Weber, group chief underwriting officer, Swiss Re, told Monte Carlo Today. 13 September 2015
Insurance
Driven by lower costs and faster time-scales, the market for private catastrophe bonds is growing quickly, allowing counterparties not previously active in the ILS space to use this method of risk transfer, John Butler, managing partner at Twelve Capital, told Monte Carlo Today. 13 September 2015
Insurance
Re/insurers demonstrated their ability to continue to underwrite risks and pay claims in a timely and professional manner despite the most recent convulsions in the global economy—and this will continue. That is the opinion of Robert Hartwig, president and economist, Insurance Information Institute (III), who said that the economic and financial market instability during the summer of 2015 again demonstrated the resilience of the industry. 13 September 2015
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