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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
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
Lloyd’s is expected to be among the hardest hit from Hurricane Irma, according to a Sept. 11 Moody’s report. 12 September 2017
Insurance
The proliferation of sidecars, re/insurance funds and other instruments that enable capital markets investors to easily invest in risk transfer will dampen potential peaks in pricing following big losses—but that does not mean that prices will not rise. 12 September 2017
Insurance
As losses stemming from hurricanes Harvey and Irma become clearer in the coming weeks and months, buyers will be reevaluating the nature and value of some of the reinsurance structures they’re purchasing, Charles Goldie, CEO of worldwide specialty at PartnerRe, told Monte Carlo Today. 12 September 2017
News
Aon Benfield has just published its September Reinsurance Market Outlook report. Mike Van Slooten, head of market analysis–international at Aon Benfield, discusses some of the key findings with Monte Carlo Today. 12 September 2017
Insurance
While many reinsurers increasingly seek size and scale, XL Catlin instead wants to be the best, Charles Cooper, chief executive, reinsurance, told Monte Carlo Today, adding that the integration of XL and Catlin is now complete. 12 September 2017
Alternative Risk Transfer
London’s ambitions to become a hub for ILS deals will not change the market overnight but could attract some innovative structures, says Craig A. Smith, head of EMEA sales, Corporate Trust, Deutsche Bank. 12 September 2017
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