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AXA has moved to take on more technical risk thanks to XL deal, says CEO
Insurance
Interest rates staying lower for longer and negative bond yields mean more challenges for the life re/insurance industry—but AXA’s chief executive officer says the business is more shielded from these forces since it has repositioned its portfolio in recent years.   11 September 2019
Growth based on market knowledge
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
Artur Klinger, chief underwriting officer at the more than 90-year-old NewRe, told Monte Carlo Today that more companies are recognising the value of reinsurance once again.   11 September 2019
Insurance
There is currently a rise in the number of commercial lines transformation projects, Tammy Richardson, managing director, UK & Ireland, insurance consulting and technology, Willis Towers Watson, told Monte Carlo Today.   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
Understanding the cultures of different markets in the Asia-Pacific region is vital to success for re/insurers operating in the region, Chris Kershaw, managing director, Global Markets at Peak Re, 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
Insurance
Helping governments move risk off their books can provide the risk transfer industry with a big opportunity for growth—but a collaborative approach is required, Charles Cooper, chief executive of reinsurance at AXA XL, told Monte Carlo Today.   11 September 2019
Insurance
Insurtech UK, an alliance of insurtech startups joined by associate members of the insurance industry and service partners, has added broker Aon and Munich Re firm Digital Partners as associate members.   10 September 2019
Insurance
Specialist insurance intermediary New Dawn Risk Group has hired Dermot Dick, most recently chief underwriting officer at Emirates International, to build out its treaty team.   10 September 2019

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