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Insurance
According to AM Best, the global reinsurance market in 2017 is wrestling with the French saying ‘plus ça change, plus c’est la même chose’—usually translated as ‘the more things change, the more they stay the same’.   12 September 2017
Insurance
The reinsurance business is facing “revolutionary” changes through the introduction of new technologies such as blockchain, while the primary insurance market will receive a boost through the widespread use of digital personal assistants, Swiss Re CEO Christian Mumenthaler suggested at the 2017 Monte Carlo Rendez-Vous.   12 September 2017
Insurance
“Already a few things about Irma are self-evident, and that’s without knowing if it will hit Tampa,” Tad Walker, CEO property/casualty at PartnerRe, told Monte Carlo Today. One of these, he said, is that it could cause some hardening of US property rates.   12 September 2017
Insurance
Funds managed by Leadenhall Capital Partners have enjoyed further growth in 2017 and it is now managing more than $4.2 billion of assets, almost $1 billion more than 12 months ago, thanks in part to the launch of two new funds and further growth in its existing funds.   12 September 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global survey of brokers and insurance executives to illustrate their competitive positioning and concerns. Here, we reveal the top challenges for brokers across EMEA.   12 September 2017
Insurance
All re/insurers and brokers are grappling with the implications of an unprecedented wave of new technologies labelled ‘insurtech’ which are capable of transforming their businesses. In a webinar sponsored by Xceedance, four senior executives debated how insurers, reinsurers and brokers should respond to this barrage of change and innovation.   11 September 2017
Insurance
AmTrust at Lloyd’s is looking to combine its three non-life Lloyd’s syndicates into a single entity, and has applied for the approval.   11 September 2017
Insurance
Reinsurance broker and consultant JLT Re has hired Stephen Balderston to join its credit and political risk team as a partner, based in London office.   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
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

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