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Insurance
A more active than usual 2017 hurricane season with hurricanes Harvey and Irma hitting North America could prevent further declines in rates, Hannover Re CEO Ulrich Wallin, told Monte Carlo Today. 11 September 2017
Insurance
The regulatory environment in Australia and New Zealand means that traditional reinsurance remains a more favoured option than the use of insurance-linked securities (ILS), according to Anthony Day, the chief executive of insurance at Suncorp, with responsibility for one of the largest placements of reinsurance in the world. 11 September 2017
Insurance
The combination of a more active hurricane season in North America turning pricing in the market and the ceasing of quantitative easing in the US and Europe could trigger an end to the declining profitability of property/casualty reinsurance business, according to Denis Kessler, the chief executive of SCOR. 11 September 2017
Alternative Risk Transfer
Aon Securities has just published its annual ILS report: Alternative Capital Breaks New Boundaries. Paul Schultz, its chief executive, tells Monte Carlo Today about the key developments during what has been a record year for ILS. 11 September 2017
Insurance
Hurricane Harvey, which wreaked havoc in Texas at the end of August, may have the potential to revive discussions around the pricing of catastrophe risk, Torsten Jeworrek, head of reinsurance of Munich Re, told Monte Carlo Today. 11 September 2017
Insurance
Data and analytics company Sciemus is widening its remit into risks including natural resources, weather and technology, Rick Welsh, its chief executive, told Monte Carlo Today. 11 September 2017
Insurance
The insurance-linked securities (ILS) market is entering a new phase of innovation as investors seek new risks and issuers seek innovative solutions that are beyond the means of traditional reinsurers to deliver. 11 September 2017
Insurance
Diversification is essential for evolving the cyber insurance market, yet expanding the cyber remit beyond data confidentiality and further into areas such as operational technology risk, data availability and integrity demands a common cyber risk currency, according to Morley Speed, managing director, and Carolyn Morley, chairman, global casualty, Guy Carpenter. 11 September 2017
News
Munich Re’s projections for the reinsurance industry show little growth for the sector as excess capital continues to compete for business. But the reinsurer also believes that the losses generated by the recent hurricanes will trigger more demand. 11 September 2017
Insurance
New technology and the way data and analytics are advancing has the potential to transform the insurance-linked securities space, says Munish Singla, global head of Escrow Solutions at Deutsche Bank. 11 September 2017
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