Articles
Insurance
Startups driven by technology are set to revolutionise insurance, and in cyber the change is needed sooner rather than later, Oliver Brew of CyberCube told Monte Carlo Today. 10 September 2019
Insurance
An increasing focus on the short-term quarterly earnings of reinsurers is unhelpful to understanding the true performance of reinsurers, which by definition must take a long-term strategic view of the market, Stuart Shipperlee, director of Litmus Analysis, told Monte Carlo Today. 10 September 2019
Insurance
It is time for reinsurers to get more adventurous with their investment portfolios, according to Dan Malloy, chief executive of Third Point Re. 10 September 2019
Insurance
A few years ago there was plenty of talk about alternative capital being a major threat to the sector and something that was going to radically transform it. That view has changed, Robert DeRose, senior director, Global Reinsurance Ratings and Greg Carter, managing director, Analytics EMEA & AP, at AM Best, told Monte Carlo Today. 10 September 2019
Insurance
Karen Clark and Company (KCC) will offer full global coverage in its catastrophe modelling within 18 months, according to Karen Clark, the company’s founder. 10 September 2019
Alternative Risk Transfer
Pool Re, the UK’s state-backed terrorism reinsurer, wants to increase the number of reinsurers willing to participate on its retrocessional placements and the number of investors willing to support its ILS programme as it cannot buy as much capacity as it would like. 10 September 2019
Insurance
Re/insurer AXA XL is simplifying its reinsurance organisational structure, aligned around its key markets and intended to enhance the focus on its 'payer to partner' strategy. The changes, effective January 2, 2020, will include combining its Bermuda and London platforms, and centralising its claims and operational functions into one global unit. 9 September 2019
Insurance
Reinsurance broker Guy Carpenter, a wholly owned subsidiary of Marsh & McLennan Companies, has unveiled a key leadership change to integrate the capabilities of JLT Re and further its growth strategy. 9 September 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexander Montoya as president of US, Bermuda and LatAm, effective immediately. 9 September 2019
Insurance
Broker clients of Advisen, a collector of industry loss data, are reporting more difficult renewal conversations with their insureds on D&O, president Jeffrey Cohen told Monte Carlo Today. 9 September 2019
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