News
Insurance
As the reinsurance industry and the risks it manages become ever more complex, collaboration will be increasingly important to reinsurers’ success, Eric Schuh of Swiss Re told Monte Carlo Today. 10 September 2019
Insurance
The market is moving in the right direction on rates but the landscape is becoming increasingly complex. Whatever the shape of the future Bermuda remains well positioned as a global risk hub, said panellists at the annual Bermuda:Re+ILS Monte Carlo Roundtable, in association with Markel Re. 10 September 2019
Insurance
The reinsurance market has entered a more promising era of hardening rates, but has still has a long way to go before progressing into a true hard market, according to IGI. 10 September 2019
Insurance
Technology is the biggest worry for reinsurers, as the industry struggles with legacy IT systems. 10 September 2019
Insurance
Global reinsurance prices are set to stay flat or rise slightly, with buyers reassessing risk-adjusted returns following substantial natural catastrophe claims in 2017 and 2018, according to a Moody’s survey. 10 September 2019
Insurance
The reinsurance industry is not attracting the best people, according to 94 percent of respondents to the latest Intelligent Insurer renewals survey. 10 September 2019
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
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