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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
Insurance
In terms of the main topics of discussion, this will possibly be the most “political” Monte Carlo Rendez-Vous ever, because of the importance of the outcome of the US election and the implications for the insurance industry of the UK’s leaving the EU. 12 September 2016
Insurance
The Lloyd’s market is facing difficult times and a big loss would push a number of players, many of which already have combined ratios close to 100 percent, into loss-making territory, according to Darren Doherty, chief executive officer of Pioneer. 12 September 2016
Alternative Risk Transfer
Specialist insurance-liked securities (ILS) firm Vario Partners has revealed that Michael Watson will join the partnership in a non-executive capacity. 11 September 2016
Insurance
As managing general agents continue to flourish, John Holm, head of MGA Investments, Asta, explains to Monte Carlo Today what it takes for an MGA to succeed in this market. 11 September 2016
Insurance
Robert Easton, head of Treaty UK and head of Iran, Matrix, talks with Monte Carlo Today about the growth opportunities he sees in Iran. 11 September 2016
Insurance
As it evaluates and reacts to the impact of the UK’s decision to leave the European Union, the London Market must turn its sights further afield and assess the opportunities that exist in other global markets. 11 September 2016
Alternative Risk Transfer
Vario Global Capital, the venture unveiled just before the Monte Carlo Rendez-Vous in 2015, which has been working on developing a ‘whole portfolio’ insurance-linked securities (ILS) product as a capital management tool for insurers, intends to open its first fund to investors in 2017, its founding partner told Monte Carlo Today. 11 September 2016
Insurance
Jon Hancock, the managing director of UK commercial at RSA, is set to join Lloyd’s as director of performance management. 10 September 2016
Insurance
Modernisation and digitisation have long been on the agenda of the London Market—but progress has been painfully slow. Now, a variety of factors are converging to make change perhaps still painful, but at least more likely to be achieved. 10 September 2016
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