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Insurance
The current hurricane activity, which may continue during the rest of the year, could prove to be an acid test of reinsurers’ enterprise risk management (ERM) strategies, Stuart Shipperlee, partner at Litmus Analysis, told Monte Carlo Today. 13 September 2017
Insurance
Losses from hurricanes Harvey and Irma could take a long time to be resolved and could hit lines of business the industry may not have considered, according to John Warwick, managing director and partner, ILS Capital Management. 13 September 2017
Insurance
Losses from Hurricane Irma will not affect investor interest in the insurance-linked securities (ILS) market, according to Tom Johansmeyer, assistant vice president at ISO Verisks’ PCS strategy and development. 13 September 2017
Insurance
CCR Re is looking to grow its life portfolio as it says profitability in this segment is better than in the property/casualty (P&C) market where rates remain under significant pressure, CEO Bertrand Labilloy, told Monte Carlo Today. 13 September 2017
Insurance
Re/insurers who have been wishing for the return of the hard market should also be aware of the true ramifications of what they have been yearning for, according to Bermuda-based law firm Appleby. 13 September 2017
Insurance
Hurricanes Irma and Harvey, which have caused high losses from wind and floods in North America, are unlikely to affect retrocession prices, Arno Junke, the CEO of Deutsche Rück, told Monte Carlo Today. 13 September 2017
Insurance
UK law firm Bond Dickinson is to combine with Womble, Carlyle, Sandridge & Rice, which is mainly based in North and South Carolina in the US. 13 September 2017
Insurance
Barbican Managing Agency (Barbican) is continuing to consolidate its position in what it states is a rather challenging time for the market. 13 September 2017
Insurance
Brendan Plessis, head of emerging markets at XL Catlin, said that the company is excited by the launch of its Indian reinsurance branch earlier this year. 13 September 2017
Insurance
International General Insurance Holdings (IGI) is set for further steady growth as it prioritises profit over expanding too quickly, according to Waleed Jabsheh, president of IGI Bermuda and executive director of IGI UK. 13 September 2017
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