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Alternative Risk Transfer
The ILS market in Bermuda looks very healthy, with more issuances and more platforms being built, Brad Adderley, partner in the corporate department of Appleby’s Bermuda office, told Monte Carlo Today. 12 September 2018
Insurance
In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference. 12 September 2018
Insurance
Tokio Millennium Re (TMR) is resilient and strong—but also nimble and ambitious, according to Brian Secrett, its chief underwriting officer. 12 September 2018
Insurance
Extraordinary Re, an insurtech company that has created a trading platform run by Nasdaq for investors to trade assets tied to insurance liabilities, is looking to roll out its offering and is launching a presence in Bermuda, according to chairman and chief executive officer Will Dove. 12 September 2018
Alternative Risk Transfer
Partnerships between traditional capital and ILS will become the new operating model going forward, according to John Huff, chief executive, Association of Bermuda Insurers and Reinsurers. 12 September 2018
Insurance
Automation in the commercial insurance space has taken longer to evolve than in personal lines because the data is less homogenous, but the pace is now accelerating and technology is set to transform the job of underwriters, as Intelligent Insurer finds out. 11 September 2018
Insurance
American International Group (AIG) has hired XL Catlin's Catherine Duffy to join the company’s general insurance business as country manager of Bermuda. 11 September 2018
Insurance
AXIS Re plans to fundamentally change its offering by becoming more client-focused, offering bespoke, structured, reinsurance deals and expanding its footprint in Asia. By doing this, and making other changes, it is targeting becoming a top 10 reinsurer, Steve Arora, chief executive of AXIS Re, told Monte Carlo Today. 11 September 2018
Alternative Risk Transfer
UnipolSai Assicurazioni will buy more property-catastrophe capacity this year and will not renew its €200 million ($231 million) cat bond Azzurro Re I, which expires on December 31, 2018. Instead, it will rely on its existing panel of 17 reinsurers for support until it explores the possibility of issuing a new cat bond in the first quarter of next year. 11 September 2018
Insurance
The ongoing profitability review at Lloyd’s is a good thing and very much welcome, in the eyes of Pina Albo, chief executive, Hamilton Insurance Group, who told Monte Carlo Today that anything designed to improve the profitability of the market should be embraced. 11 September 2018
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