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Discussions in Monte Carlo were centred on three core areas, all of them based around supply dynamics, Tom Wakefield, chief executive officer of Gallagher Re UK, told Intelligent Insurer. 13 September 2022
Insurance
The global legacy market is bullish, with strong demand from insurers for capital-relieving solutions, plentiful supply of capital from investors, and increasing investment by brokers. 13 September 2022
Insurance
Excessweather, a Lloyd’s broker that specialises in parametric products, has seen demand for its products and expertise surge thanks to a combination of new technology enabling the use of such solutions and a greater awareness of the possibilities globally. 13 September 2022
Insurance
A flight to quality has taken place by investors that now applies to all investment opportunities in the property-cat space, Jarad Madea, head of TigerRisk Capital Markets and Advisory, told Intelligent Insurer. 13 September 2022
Insurance
A new Industry Exposure Database coming soon from cyber risk analytics provider CyberCube will give the re/insurance industry a unique overview of its exposure to cyber risk. 13 September 2022
Insurance
As cedants grapple with a shrinking pool of available (and affordable) property-catastrophe capacity from traditional reinsurers, the importance of finding innovative ways to transfer that risk in other ways, such as into the capital markets, has become crucial as buyers plan their renewal. 12 September 2022
Insurance
Bermuda remains well placed to help the industry solve challenges including a capacity crunch in property-cat business. That was the broad sentiment of nine industry leaders attending the annual Bermuda Roundtable in Monte Carlo, hosted by Bermuda:Re+ILS and sponsored by Aspen. 12 September 2022
Insurance
Reinsurance broker TigerRisk Partners has formed what it is calling a cat capacity SWAT team, dedicated to identifying new sources of property-catastrophe capacity, as a potential capacity crunch looms for cedants ahead of next year’s cat renewals, many of which are themselves seeking more coverage as property exposures soar. 11 September 2022
Insurance
The ILS market has held up well over the past two years and while investors are becoming more demanding, the future of the sector looks bright says Jeff Mohrenweiser, senior director at Fitch Ratings. 11 September 2022
Insurance
Naïve capacity is scarcer than it used to be—but the market remains cyclical and it is only a matter of time before it turns again, Charles Manchester, chief executive officer of Manchester Underwriting, told Monte Carlo Today. 10 September 2022
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