News
Insurance
With a lack of global players, the Bolivian insurance market differs greatly from that of Brazil, where local reinsurers must compete against each other and large companies with a wide array of offerings. AM Best speaks to FIDES Today. 11 September 2019
Insurance
PartnerRe’s strategic decision to operate as a “pure play” reinsurer, together with its private ownership model, means it is well positioned to grow in what it calls a transitioning market, Emmanuel Clarke president & chief executive officer, PartnerRe, told Monte Carlo Today. 11 September 2019
Insurance
Despite some of the recent challenges they have faced, insurance-linked securities (ILS) investors are not going anywhere soon, and they will form increasingly deep and complex relationships with the industry, Mike Van Slooten, head of market analysis at Aon, told Monte Carlo Today. 11 September 2019
Alternative Risk Transfer
Alternative capital is now entering the market at many more points in an attempt to get closer to the risk and the logical conclusion is that some insurance-linked securities (ILS) funds will look to launch rated carriers, Eric Andersen, co-president of Aon, told Monte Carlo Today. 11 September 2019
Insurance
Insurers need to brace themselves for some substantial changes to the world of risk over the next decade, according to Andy Moore, global insurance risk and regulatory leader at PwC UK. 11 September 2019
Insurance
Helping governments move risk off their books can provide the risk transfer industry with a big opportunity for growth—but a collaborative approach is required, Charles Cooper, chief executive of reinsurance at AXA XL, told Monte Carlo Today. 11 September 2019
Insurance
More unprofitable business will be forced from Lloyd’s as part of this year’s performance review, although it will also take a more nuanced approach and implement what it called a risk-based approach to regulatory oversight, according to its senior management team. 11 September 2019
Insurance
Broker Marsh has appointed Andy Smith as chairman and CEO of its UK aviation practice within Marsh JLT Specialty. 10 September 2019
Insurance
Specialist insurance intermediary New Dawn Risk Group has hired Dermot Dick, most recently chief underwriting officer at Emirates International, to build out its treaty team. 10 September 2019
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Mary Kotch as its chief information officer (CIO) with immediate effect. She will also join the Aspen Group executive committee. 10 September 2019
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