News
Insurance
VIG Re is mounting an expansion beyond its core markets based on its intimate knowledge of markets and its low cost ratio, chairman Johannes Martin Hartmann and Peter Thirring, member of the managing board, told Monte Carlo Today. 11 September 2019
Insurance
Artur Klinger, chief underwriting officer at the more than 90-year-old NewRe, told Monte Carlo Today that more companies are recognising the value of reinsurance once again. 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
The challenge of solving the problem of trapped capital is one of the drivers behind a number of insurance-linked securities (ILS) funds considering the possibility of launching reinsurers with rated balance sheets, Peter Dunlop, partner at law firm Walkers, 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
Broker Ed is making good progress in its aim of becoming a billion-dollar business and it thinks its new ownership will give it a boost towards achieving this. 11 September 2019
Insurance
Lloyd’s needs to adapt to become more relevant to its clients, Michael Papworth, head of Miller’s property/casualty business unit and head of Asia, told Monte Carlo Today. 11 September 2019
Insurance
Understanding the cultures of different markets in the Asia-Pacific region is vital to success for re/insurers operating in the region, Chris Kershaw, managing director, Global Markets at Peak Re, told Monte Carlo Today. 11 September 2019
Insurance
SCOR has successfully delivered on its ‘Vision in Action’ targets on a normalised basis - profitability and solvency - and has ambitions for expansion with “growth assumptions in the range of 4 to 7 percent on a premium basis” for its new ‘Quantum Leap’ strategic plan, Frieder Knuepling, chief risk officer at SCOR, told Monte Carlo Today. 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
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