News

Insurance

Carbon Underwriting reveals key hire from MS Amlin

Carbon is looking to evolve as a technology-driven MGU and Lloyd’s Syndicate.   15 September 2021

Insurance

Acrisure hires new CFO from Disney, embarks on aggressive growth strategy

The appointee is said to be ‘among the best in his field’; he will help the brokerage expand its business.   15 September 2021

Insurance

Challenges remain for small business as COVID recovery builds

The pandemic has challenged not just small businesses but also their insurers. Both have shown adaptability and resilience which will continue to be needed as the economy recovers, says Markel’s Matt Huels.   15 September 2021

Insurance

Headwinds mean further rate increases are needed: UnipolRe

While rates continue to move in the right direction, they still have some way to go to become sustainable in the context of many challenges. That is the view of John Scully and Marco Sordoni of UnipolRe, who spoke to Monte Carlo Today.   15 September 2021

Insurance

‘Grey rhino’ risks will ensure continued upward pressure on rates

Despite recent rate increases and positive sentiment in the industry, reinsurers’ returns could still be underwhelming, leading to longer-term upward pressure on rates, Stuart Shipperlee, managing director, Litmus Analysis, told Monte Carlo Today.   15 September 2021

Insurance

Pandemic lessons and tech maturity

The time has come for the industry to take full advantage of the technology offerings available, according to the CEO and managing partner of Gossmann & Cie.   15 September 2021

Insurance

Modelling the enigmatic peril: the challenge of pricing wildfire risk

Wildfires have increased markedly in recent years, particularly in the state of California. With little historical data available to model the new risk, how are carriers grappling with providing cover in a market which is suddenly one of the riskiest out there?   15 September 2021

Insurance

Keeping up with the changing face of wildfires

Wildfires have emerged as one of the most significant problems facing the re/insurance industry, with the events becoming increasingly frequent and damaging and few options immediately available to tackle the issue.   15 September 2021

Insurance

ILS panellists see bright future for alternative risk transfer as pandemic fuels growth

The ILS market has grown significantly over the past 12 months as the traditional reinsurance market has been buffeted by a series of natural catastrophes and the pandemic.   15 September 2021

Insurance

Capacity holds back prices as cat losses build, says Moody’s

Lower COVID-19 claims and increasing pricing have improved the outlook for reinsurers, but catastrophes and claims inflation leave their earnings vulnerable, Moody’s Investors Service said today. Robust levels of capitalisation are the primary reason it continues to rate the sector as stable.   15 September 2021

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