News
Insurance
Xceedance has a global footprint of service and insurtech, but also understands regional nuances and appreciates the challenges its clients face in specific markets, George Freimarck of Xceedance told Monte Carlo Today. 10 September 2019
Insurance
With momentum behind moving US flood risk into the private market, RMS is looking to use better data to build a sustainable and profitable US flood insurance business, says Holly Widen of RMS. 10 September 2019
Insurance
Cyber continues to grow globally but with some stark regional differences and re/insurers are increasingly aware of silent cyber, as Luke Foord-Kelcey of Aon’s Reinsurance Solutions told Monte Carlo Today. 10 September 2019
Insurance
Credit insurance company Euler Hermes is becoming more selective in some parts of its portfolio as it fears the adverse effects of a global economic slowdown while also seeking some rate increases something that will benefit the reinsurers it works with on a proportional basis. 10 September 2019
Insurance
An increasing focus on the short-term quarterly earnings of reinsurers is unhelpful to understanding the true performance of reinsurers, which by definition must take a long-term strategic view of the market, Stuart Shipperlee, director of Litmus Analysis, told Monte Carlo Today. 10 September 2019
Insurance
Fitch Ratings does not expect the UK’s departure from the EU to have an immediate impact on ratings, Graham Coutts, senior director, insurance ratings at Fitch, said at the Fitch Ratings Reinsurance Briefing 2019. 10 September 2019
Insurance
A few years ago there was plenty of talk about alternative capital being a major threat to the sector and something that was going to radically transform it. That view has changed, Robert DeRose, senior director, Global Reinsurance Ratings and Greg Carter, managing director, Analytics EMEA & AP, at AM Best, told Monte Carlo Today. 10 September 2019
Alternative Risk Transfer
Two key themes in the Bermuda market at present are a burgeoning life reinsurance market and an expected upward trajectory for insurance-linked securities (ILS), Arthur Wightman, PwC’s territory leader for PwC Bermuda, told Monte Carlo Today. 10 September 2019
Insurance
Karen Clark and Company (KCC) will offer full global coverage in its catastrophe modelling within 18 months, according to Karen Clark, the company’s founder. 10 September 2019
Insurance
Gossmann & Cie, the company formed by former DARAG chief Arndt Gossmann to develop a new capital management tool for insurers, will form a carrier on Malta by the end of the year, which will utilise the domicile’s protected cell company (PCC) regime to assume liabilities for its first clients. 10 September 2019
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