News
Insurance
Insurers have a long way to go in terms of innovation before they reach customers’ ever-growing expectations, informed by the age of technology, Dylan Bourguignon, CEO of insurtech startup so-sure, told Monte Carlo Today. 9 September 2018
News
Buyers will be watching the continued consolidation in the market with close interest as they assess how their mixture of counterparties might change as a result, and whether some of the new owners of reinsurers intend to change their strategy and risk appetite in any way, James Nash, president, international, Guy Carpenter, told Monte Carlo Today. 9 September 2018
Alternative Risk Transfer
Alternative capital is here to stay and will remain a big part of cedants’ strategies and business plans going forward—the real question is how they balance that with traditional reinsurance. 9 September 2018
Insurance
Reinsurers and brokers should better educate themselves on how reinsurance can impact their clients’ ratings, as focusing on the agency capital models alone is often inadequate. 9 September 2018
Insurance
While year-to-date global reinsurance pricing is up slightly between 0 and 5 percent in 2018, in aggregate, momentum is fading as the sector heads towards the January 2019 renewals, according to S&P Global Ratings. 9 September 2018
Insurance
Increasingly severe losses from wildfires in recent years have implications for how insurers and reinsurers approach this peril and price it, Robert Muir-Wood, chief research officer at RMS, told Monte Carlo Today. 9 September 2018
Insurance
Using live data from ship and cargo movements, insurers and reinsurers will be able to price and select the marine risk they want to underwrite more accurately, EY executives told Monte Carlo Today. 9 September 2018
Insurance
The majority of re/insurance professionals globally are expecting a flat to slight hardening in this year’s renewals, with the role of alternative capacity extremely influential in negotiations, according to an online survey carried out by Intelligent Insurer ahead of this renewals season. 9 September 2018
Insurance
Lloyd’s profitability review is being described as the biggest shakeup of the market since reconstruction in the 1990s. As syndicates are forced to pare back capacity, it could have far-reaching consequences well beyond the market itself, as Intelligent Insurer reports. 8 September 2018
Insurance
John Neal, the former boss of Australia-based insurer QBE Insurance Group who lost his job last year following a shock profit warning, is likely to be appointed as the new chief executive of Lloyd’s of London, according to a Sept. 7 Financial Times report citing “people familiar with the matter”. 7 September 2018
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