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Insurance
JLT Re is excited about its position in the industry and is investing heavily in its business, especially with all the activity in the hurricane season, according to global CEO Mike Reynolds. 13 September 2017
Insurance
Technology has the potential to reduce costs of insurance, enabling expansion into uninsured markets, Swiss Re chief underwriting officer Edouard Schmid told Monte Carlo Today. 13 September 2017
Insurance
Despite the importance to reinsurers, and cedants in many cases, of achieving and maintaining a desirable financial strength rating, many companies still fail to grasp the complexity of rating agencies’ methodology—and some face downgrades as a result. 13 September 2017
Insurance
The run-off sector is seeing increased interest as the market starts to realise its full potential, according to independent run-off service provider Pro Global Insurance Solutions (Pro). 13 September 2017
Insurance
Bermuda is well placed to react to the needs of the market in the wake of hurricanes Harvey and Irma, according to KPMG. 13 September 2017
Insurance
It has been a remarkable year in the alternative capital market and all sectors are continuing to grow, Cory Anger, global head of ILS origination and structuring, GC Securities, told Monte Carlo Today. 13 September 2017
Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
Insurance
The advent of artificial intelligence (AI), the Internet of Things, robotics and big data is transforming global economic systems and, in turn, revolutionising risk assessment and underwriting through the use of machine learning algorithms, Tim Yeates, managing director of Axco, told Monte Carlo Today. 13 September 2017
News
Since it started writing external business some 10 years ago, VIG Re has built up a reputation as a specialist in Austria and Central and Eastern Europe. But it is now starting to set its sights further afield, Johannes Martin Hartmann, its chief executive, told Monte Carlo Today. 13 September 2017
Insurance
The insurance market is increasingly looking towards managing general agents (MGAs) as it copes with a set of difficult trading conditions, according to two leading executives at Asta Managing Agency. 13 September 2017
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