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ILS comes of age
Alternative Risk Transfer
The ILS market showed its maturity in the aftermath of the 2017 cat losses and is going from strength to strength on the back of that, says Craig A Smith, head of EMEA sales–corporate trust, Deutsche Bank.   10 September 2018
Insurance
In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference.   10 September 2018
Discipline ‘trumps everything’
Alternative Risk Transfer
The reinsurance market’s ‘new normal’ has become a reality, with the cyclical nature of rates likely gone for good, according to Kathleen Reardon, chief executive officer of Hamilton Re.   10 September 2018
Insurance
The stated desire of many reinsurers last year was for across-the-board rate increases, but this did not materialise at the January 1 renewals, with increases predominantly concentrated in loss-affected lines, Richard Hewitt, head of Business Intelligence, EMEA, Guy Carpenter, told Monte Carlo Today.   10 September 2018
Insurance
Although the last 12 months have painted a very dark picture of the industry in some ways, through 2018 there has been some robust growth among re/insurance companies.   10 September 2018
Alternative Risk Transfer
Following record cat bond issuance in 2017 and the HIM losses, the ILS market has proved its resilience over the last 12 months and is continuing to strengthen well into 2018.   10 September 2018
Insurance
Guy Carpenter has launched a new unit dedicated to helping insurers identify insurtech startups suitable to work with—eliminating much of the time, effort and risk currently associated with this process.   9 September 2018
Alternative Risk Transfer
Although the insurance-linked securities (ILS) sector responded well to the cat losses of 2017, lessons will be learned in the aftermath of those events as the sector continues to mature and evolve, Bill Dubinsky, head of ILS at Willis Re, told Monte Carlo Today.   9 September 2018
Alternative Risk Transfer
Insurance-linked securities (ILS) are expanding into new perils following investors’ appetite, and London might benefit from this growth potential following the introduction of a new regulatory framework, Jean-Louis Monnier, Swiss Re Capital Markets global co-head of ILS, 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

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