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Re/insurance broker Aon has appointed Neville Weston as vice chairman of reinsurance solutions business in Bermuda. 9 September 2019
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While the re/insurance industry remains an attractive proposition for investors, there is a renewed desire to achieve more consistent profitability based on technical underwriting, as Mike Mitchell of Swiss Re told Monte Carlo Today. 9 September 2019
Alternative Risk Transfer
Nephila Capital, the insurance-linked securities (ILS) specialist now owned by Markel, has received regulatory approval to establish its own Lloyd’s managing agency. Nephila Syndicate Management will launch on October 11, 2019. 9 September 2019
Insurance
The drive towards diversification to achieve greater capital efficiency has been partly responsible for the poor performance of some syndicates at Lloyd’s in recent years as carriers have looked to write lines of business without the appropriate expertise. 9 September 2019
Insurance
A lack of risk models covering some key perils in large parts of Europe is holding back the development of the insurance-linked securities (ILS) market in the continent, Marco Sordoni, head of reinsurance buying for Italian insurer UnipolSai Assicurazioni, told Monte Carlo Today. 9 September 2019
Insurance
After some recent challenges, the ILS market remains strong with exciting growth prospects. Cyber and further social development transactions are on the agenda, as Paul Schultz of Aon Securities told Monte Carlo Today. 9 September 2019
Insurance
RICAP Bermuda, being trialled in Bermuda, will bring risks closer to capital and make the industry more efficient and transparent. That is just the start of what could become a global revolution, as Kathleen Faries told Monte Carlo Today. 9 September 2019
Insurance
The drive towards diversification to achieve greater capital efficiency has been partly responsible for the poor performance of some syndicates at Lloyd’s in recent years as carriers have looked to write lines of business without the appropriate expertise. 9 September 2019
Insurance
More severe convective storms are occurring in the US, meaning that insurers must increasingly see it as more than simply an attritional loss, Rajkiran Vojjala of RMS told Monte Carlo Today. 8 September 2019
Insurance
David Flandro, the well-known broker who has previously headed analytics teams at JLT Re and Guy Carpenter, told Monte Carlo Today that his new role with Hyperion X, the data and technology arm of Hyperion Insurance Group, represents his most exciting challenge yet and an opportunity to take the use of data in the insurance and reinsurance industry to another level. 8 September 2019
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