Articles
Insurance
Mergers and acquisitions (M&A) activity will continue for 2019, and into 2020, particularly in light of interest rates and abundant capital in the market, Parimah Hassouri, partner at Drinker Biddle and Reath, told Monte Carlo Today. 9 September 2019
Insurance
Dan Malloy, chief executive of Third Point Re, is upbeat about the progress the company has made as it looks to realign its portfolio. Over the past two years it has expanded its underwriting team in line with plans to write a more diverse portfolio targeting lines of business with higher margins. 9 September 2019
Insurance
CyberCube’s Cyber Threat Outlook Survey took the pulse of cybersecurity professionals and asked for their perspectives on the frequency and economic severity of the cyber threats facing businesses, as Rebecca Bole of CyberCube told Monte Carlo Today. 9 September 2019
Insurance
The insurance industry must keep a close eye on the transformative potential of technology, according to Ian Meadows, director for insurance at EY and a director of EY’s initiative Insurwave, which offers blockchain-enabled marine insurance. 9 September 2019
Insurance
QBE’s reinsurance business had a “pleasing” first half year, especially with the cat exposure, according to Jonathan Parry, chief underwriting officer of reinsurance at the firm. 8 September 2019
Insurance
After the 2017 and 2018 cat losses, investors are more cautious and seeking better returns. But with new ILS hubs emerging globally, the future of this market looks bright, Craig Smith of Deutsche Bank told Monte Carlo Today. 8 September 2019
Insurance
In the 2019 renewals negotiations so far, reinsurers have seen improvements in rates and prices compared to the previous, heavily loss-affected years. 8 September 2019
Insurance
The challenges of modelling cyber are well known—lack of event data and expansions of coverage among them. CyberCube Analytics and Guy Carpenter have explored the size and shape of cyber catastrophes in a new report: “A US Cyber Insurance Industry Catastrophe Loss Study: 2019 Looking Beyond the Clouds”. 8 September 2019
Insurance
The Deutsche Rück Group is planning a geographical expansion outside its core markets. Achim Bosch, chief underwriting officer at the company, told Monte Carlo Today that in the coming months, the group will enter some new markets outside Europe and take on business from selected North African markets. 8 September 2019
Insurance
Four years since the launch of UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, chief executive Marco Sordoni explains to Monte Carlo Today why the reinsurer is seeking deeper relationships with clients and is investing in its infrastructure. 8 September 2019
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