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Insurance
PartnerRe has dropped its aspirations of building a major primary business and is refocusing as a pure play reinsurer, Charles Goldie, head of speciality lines at PartnerRe Global, told Monte Carlo Today. 13 September 2016
Insurance
At the annual Bermuda Re+ILS Monte Carlo reinsurance/ILS roundtable in association with Markel, 10 senior executives from the industry debated the changing face of risk transfer and Bermuda’s central role in that process of change. 13 September 2016
Insurance
The high level of negativity in the market flowing from concerns around soft rates, low investment returns and subsequent dwindling margins is, in fact, misplaced and ignores many positives the market should instead focus on. 13 September 2016
Alternative Risk Transfer
Hannover Re is not interested in pushing into the corporate market, in contrast to its main competitors, which see it as a way of diversifying and boosting profitability, the company said at a Monte Carlo Rendez-Vous press conference yesterday. 13 September 2016
Insurance
The ILS and collateralised reinsurance markets continue to grow apace, and Artex Risk Solutions is ideally placed to service clients globally thanks to two acquisitions, as Justin Wallen, head of ILS–Guernsey at the company, explains to Monte Carlo Today. 13 September 2016
Insurance
Lloyd’s has not ruled out direct negotiations with the European Union as it looks to secure access to the European Economic Area (EEA) when the UK leaves the European Union, Inga Beale, chief executive of Lloyd’s, told Monte Carlo Today. 13 September 2016
News
Specialty re/insurer Sompo Canopius Re has appointed Thierry Pelgrin as head of continental Europe. 12 September 2016
News
In contrast to those who believe a soft market is the “new norm” for reinsurance and that the days of a marked cycle are over, Stephen Catlin, the founder of Catlin and now executive deputy chairman of XL Group, believes an overreaction in pricing will eventually occur. 12 September 2016
News
The idea that tiers are emerging in the reinsurance industry is valid, but not in the way some expect. The industry’s new class of tier 1 players are nimble, innovative, savvy in their use of technology, cutting-edge in their risk selection and have their costs and expenses under control, Kathleen Reardon, chief executive of Hamilton Re, told Monte Carlo Today. 12 September 2016
News
The industry’s capital continues to grow despite pressure on profits, says Mike Van Slooten, as he unveils the findings of the latest Aon Benfield Aggregate report to Monte Carlo Today. 12 September 2016
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