News
Insurance
Lloyd’s is at a “pivotal moment” in its evolution, according to Aon’s 2019 Lloyd’s Update report, Redefining the Future. 9 September 2019
Insurance
According to a new AM Best report, the global reinsurance market as a whole has exhibited more underwriting control, as evidenced by a holding back of capacity at the midyear 2019 renewals. However, questions remain over the sustainability of this newfound discipline. 9 September 2019
Insurance
As the world’s reinsurers gather in Monte Carlo for the annual Rendez-Vous, Ross Lazaroo-Hood of Landmark Holding Group explains that while there are opportunities for MGAs there needs to be more than just a compelling underwriting case. 9 September 2019
Insurance
Intense competition and overcapacity are among the biggest challenges for the global reinsurance industry. That was one of the key points in a presentation in Monte Carlo, given by rating agency AM Best, at which it also warned of some of the negative effects of Brexit. 9 September 2019
Insurance
Lloyd’s is at a “pivotal moment” in its evolution, according to Aon’s 2019 Lloyd’s Update report, Redefining the Future. 9 September 2019
News
Value chain compression is an increasingly hot topic in the reinsurance market, but larger brokers can be reluctant to make changes. That is the view of Jason Howard, chief executive officer of Beach, speaking to Monte Carlo Today. 9 September 2019
Insurance
Convex, Stephen Catlin’s new venture has now recruited 90 people including 20 product leaders and is opportunistically writing business—but it plans to really hit the ground running from the start of 2020, Catlin told Monte Carlo Today. 9 September 2019
Insurance
The drive towards diversification to achieve greater capital efficiency has been partly responsible for the poor performance of some syndicates at Lloyd’s in recent years as carriers have looked to write lines of business without the appropriate expertise. 9 September 2019
Insurance
Corporate insurance rates are enjoying healthy rate hikes, which should put Swiss Re Corporate Solutions back on track after some difficult years, and reinsurance rates are seeing smaller increases—but the overall outlook for the industry is a positive one. 8 September 2019
Insurance
David Flandro, the well-known broker who has previously headed analytics teams at JLT Re and Guy Carpenter, told Monte Carlo Today that his new role with Hyperion X, the data and technology arm of Hyperion Insurance Group, represents his most exciting challenge yet and an opportunity to take the use of data in the insurance and reinsurance industry to another level. 8 September 2019
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