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Insurance
As insurance-linked securities (ILS) become increasingly attractive to investors, there is an opportunity to support both emerging and existing lines of business if the right product is in place, Michael Krefta, CEO of Hiscox Re & ILS, told Monte Carlo Today. 13 September 2017
Insurance
Large losses such as those from hurricanes Harvey and Irma are unlikely to have an impact on the dynamic or structure of the reinsurance market, Andrew Newman, president and global head of casualty at Willis Re, told Monte Carlo Today. 13 September 2017
Insurance
No timeline has been set for a potential initial public offering (IPO) of Peak Re, but the company is structured so that a listing could occur eventually, Chris Kershaw, managing director of global markets at Peak Re, told Monte Carlo Today. 13 September 2017
Insurance
The current hurricane activity, which may continue during the rest of the year, could prove to be an acid test of reinsurers’ enterprise risk management (ERM) strategies, Stuart Shipperlee, partner at Litmus Analysis, told Monte Carlo Today. 13 September 2017
Insurance
Losses from hurricanes Harvey and Irma could take a long time to be resolved and could hit lines of business the industry may not have considered, according to John Warwick, managing director and partner, ILS Capital Management. 13 September 2017
Insurance
Losses from Hurricane Irma will not affect investor interest in the insurance-linked securities (ILS) market, according to Tom Johansmeyer, assistant vice president at ISO Verisks’ PCS strategy and development. 13 September 2017
Insurance
CCR Re is looking to grow its life portfolio as it says profitability in this segment is better than in the property/casualty (P&C) market where rates remain under significant pressure, CEO Bertrand Labilloy, told Monte Carlo Today. 13 September 2017
Insurance
Re/insurers who have been wishing for the return of the hard market should also be aware of the true ramifications of what they have been yearning for, according to Bermuda-based law firm Appleby. 13 September 2017
Insurance
Hurricanes Irma and Harvey, which have caused high losses from wind and floods in North America, are unlikely to affect retrocession prices, Arno Junke, the CEO of Deutsche Rück, told Monte Carlo Today. 13 September 2017
Insurance
UK law firm Bond Dickinson is to combine with Womble, Carlyle, Sandridge & Rice, which is mainly based in North and South Carolina in the US. 13 September 2017
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