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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
Insurance
In association with Swiss Re, Monte Carlo Today conducted surveys of senior industry executives ahead of and during the conference. Their responses to various questions are published here. 12 September 2017
Insurance
A key driver behind re/insurers’ concerns about cyber is the limited resource of expertise in the market, Luke Foord-Kelcey, co-head of Aon Benfield’s global cyber practice, told Monte Carlo Today. 12 September 2017
Alternative Risk Transfer
The important role of Bermuda in the aftermath of potentially big losses stemming from hurricanes Harvey and Irma was centre of the debate at the annual Bermuda:Re+ILS Monte Carlo Roundtable. 12 September 2017
Insurance
According to AM Best, the global reinsurance market in 2017 is wrestling with the French saying ‘plus ça change, plus c’est la même chose’—usually translated as ‘the more things change, the more they stay the same’. 12 September 2017
Insurance
The reinsurance business is facing “revolutionary” changes through the introduction of new technologies such as blockchain, while the primary insurance market will receive a boost through the widespread use of digital personal assistants, Swiss Re CEO Christian Mumenthaler suggested at the 2017 Monte Carlo Rendez-Vous. 12 September 2017
Insurance
“Already a few things about Irma are self-evident, and that’s without knowing if it will hit Tampa,” Tad Walker, CEO property/casualty at PartnerRe, told Monte Carlo Today. One of these, he said, is that it could cause some hardening of US property rates. 12 September 2017
Insurance
Funds managed by Leadenhall Capital Partners have enjoyed further growth in 2017 and it is now managing more than $4.2 billion of assets, almost $1 billion more than 12 months ago, thanks in part to the launch of two new funds and further growth in its existing funds. 12 September 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global survey of brokers and insurance executives to illustrate their competitive positioning and concerns. Here, we reveal the top challenges for brokers across EMEA. 12 September 2017
Insurance
All re/insurers and brokers are grappling with the implications of an unprecedented wave of new technologies labelled ‘insurtech’ which are capable of transforming their businesses. In a webinar sponsored by Xceedance, four senior executives debated how insurers, reinsurers and brokers should respond to this barrage of change and innovation. 11 September 2017
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