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Insurance
VIG Re is mounting an expansion beyond its core markets based on its intimate knowledge of markets and its low cost ratio, chairman Johannes Martin Hartmann and Peter Thirring, member of the managing board, told Monte Carlo Today. 11 September 2019
Insurance
Reducing the cost of distribution is a key concern for clients of Sequel, a Verisk business that focuses on complex commercial and specialty insurance software innovation. Chief commercial officer EMEA, Paul Latarche, told Monte Carlo Today that carriers are looking for ways to reduce the cost of access to certain business lines. 11 September 2019
Insurance
The challenge of solving the problem of trapped capital is one of the drivers behind a number of insurance-linked securities (ILS) funds considering the possibility of launching reinsurers with rated balance sheets, Peter Dunlop, partner at law firm Walkers, told Monte Carlo Today. 11 September 2019
Alternative Risk Transfer
Alternative capital is now entering the market at many more points in an attempt to get closer to the risk and the logical conclusion is that some insurance-linked securities (ILS) funds will look to launch rated carriers, Eric Andersen, co-president of Aon, told Monte Carlo Today. 11 September 2019
Insurance
Insurers need to brace themselves for some substantial changes to the world of risk over the next decade, according to Andy Moore, global insurance risk and regulatory leader at PwC UK. 11 September 2019
Insurance
Xceedance, the managed services and technology company, has teamed up with Oasis Loss Modelling Framework (Oasis LMF) to provide on-demand catastrophe modelling. 11 September 2019
Insurance
The year 2019 could be one of the biggest for mass tort litigation, with issues such as opioids fuelling the boom, and an abundance of finance to meet the legal costs. 11 September 2019
Insurance
Captives have until now primarily operated using traditional technology, but the use of distributed ledger technology, or blockchain, has the potential to revolutionise the sector, David Edwards of ChainThat told Monte Carlo Today. 11 September 2019
Insurance
Quest, the captives servicing company, wants to hoover up disaffected captives, as well as growing the business among SMEs in the US and Europe 11 September 2019
Alternative Risk Transfer
More insurance-linked securities (ILS) funds are exploring the possibility of forming rated reinsurers to give them more flexibility to offer investors a greater variety of investment options, said John Warwick, managing director and partner at ILS Capital. 11 September 2019
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