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Insurance
The question of whether the growing diversity of capital entering the risk transfer industry will ultimately end its traditionally cyclical nature was debated by senior industry executives at the annual Intelligent Insurer roundtable in Monte Carlo. 14 September 2016
Insurance
While the idea that the current soft market environment is a “new norm” for the industry will be greeted as bad news by many reinsurers, there are companies which believe the industry can rise to and embrace this challenge, putting themselves ahead of the pack in the process. 13 September 2016
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Re, has closed catastrophe bond Market 2016-5 (Weather) at $30.8 million. 13 September 2016
Insurance
Reinsurance remains a very attractive option for insurers in the current economic environment, especially because it is now so flexible, David Flandro, global head of JLT Re’s analytics division, told Monte Carlo Today. 13 September 2016
Insurance
As scale and diversification remain key for reinsurers grappling with pricing pressure, players are adapting their business models, according to Moody’s Investors Service. 12 September 2016
News
The idea that tiers are emerging in the reinsurance industry is valid, but not in the way some expect. The industry’s new class of tier 1 players are nimble, innovative, savvy in their use of technology, cutting-edge in their risk selection and have their costs and expenses under control, Kathleen Reardon, chief executive of Hamilton Re, told Monte Carlo Today. 12 September 2016
Alternative Risk Transfer
Just weeks into his new job, Moses Ojeisekhoba, the new CEO of the Reinsurance Business Unit at Swiss Re, is clear that for the industry to grow it must also become more relevant to society and work hard to close the so-called protection gap that is increasingly prevalent in the industry. Intelligent Insurer reports. 7 September 2016
Insurance
Cooper Gay has expanded its energy division with the appointment of Simon Hirst-Marsden as head of energy technical upstream and Tony Rastall as divisional director of energy, specialising in onshore construction risks. 7 September 2016
Insurance
JLT Re has expanded its specialist capability in London with the appointment of Matthew Carter as a partner in its London Market & International Division, which is led by Bill Bennett. 7 September 2016
Insurance
Everest Insurance, a subsidiary of Everest Re Group, has appointed Matt Murray as regional leader, marketing and distribution for the east region, based in its New York City office. 7 September 2016
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