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Alternative Risk Transfer
Aon Securities has just published its annual ILS report: Alternative Capital Breaks New Boundaries. Paul Schultz, its chief executive, tells Monte Carlo Today about the key developments during what has been a record year for ILS. 11 September 2017
Insurance
Despite its long history and its distribution prowess, Lloyd’s and the London Market are at a point of a central transformation, said Nick Frankland, CEO of the UK business at Aon Benfield, speaking at a press conference the reinsurance broker held at the Monte Carlo Rendez-Vous yesterday (Sunday September 9). 11 September 2017
Insurance
As the US braces for Hurricane Irma, the re/insurance industry is preparing itself for the fallout from what could be one of the most costly losses to hit the industry in decades—and the big question is how alternative capital providers will react if losses escalate. 10 September 2017
Insurance
In association with Swiss Re, Monte Carlo Today conducted surveys of senior industry executives ahead of and during the conference. Their responses to various questions will be published in the daily newsletters. 10 September 2017
Insurance
The record-breaking level of rainfall from Hurricane Harvey—combined with potentially high losses from Hurricane Irma—will help determine what, if anything, the market has learned since the 2005 hurricane season, the last time several major hurricanes made landfall. 10 September 2017
Insurance
With total economic losses estimated to reach tens of billions of dollars at the minimum, Harvey is likely to become one of the costliest natural disasters on record, according to Aon Benfield’s catastrophe model development team Impact Forecasting. 9 September 2017
Insurance
Private reinsurers should be far more exposed to a Hurricane Irma loss event than the primary insurers, according to a Sept. 5 Credit Suisse equity research note. 6 September 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission. 6 September 2017
Insurance
Digital Partner, a unit of Munich Re, has entered into a partnership with insurtech company Drover to launch a tailor-made product for ride-sharing drivers and fleet owners. 6 September 2017
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 6 September 2017
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