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Florence may hit US as category 5 hurricane
Insurance
Hurricane Florence is currently a category 4 hurricane and may intensify to a category 5 hurricane in the next 24 hours, according to data provider AIR.   12 September 2018
Lloyd’s will close syndicates that can’t map route to profits: Hancock
Insurance
Lloyd’s syndicates have just weeks to submit a business plan mapping a route to profits, and those that fail will be closed, Jon Hancock, performance management director of Lloyd’s, confirmed to Monte Carlo Today.   12 September 2018
Swiss Re expects stable rates
News
Swiss Re expects stable prices for the upcoming January renewals in the absence of any significant events, Moses Ojeisekhoba, head of reinsurance, told Monte Carlo Today.   12 September 2018
Insurance
IGI is continuing to navigate a steady course as it continues its journey from being a Middle Eastern company to an international company with Middle Eastern roots.   12 September 2018
Insurance
More casualty business could be transferred into the capital markets as the structures develop and mature and the appetite of investors increases, Andrew Newman, president and global head of casualty at Willis Re, told Monte Carlo Today.   12 September 2018
Insurance
In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference.   12 September 2018
Insurance
Tokio Millennium Re (TMR) is resilient and strong—but also nimble and ambitious, according to Brian Secrett, its chief underwriting officer.   12 September 2018
Insurance
Extraordinary Re, an insurtech company that has created a trading platform run by Nasdaq for investors to trade assets tied to insurance liabilities, is looking to roll out its offering and is launching a presence in Bermuda, according to chairman and chief executive officer Will Dove.   12 September 2018
Insurance
Carriers writing commercial casualty business should be wary of hidden risks and unmodelled exposures which have the potential to be the “next asbestos”, Robert Reville, CEO of Praedicat, has warned.   12 September 2018
Insurance
There is a lot of pent-up demand in the US insurance market for big carriers to place certain lines of business into run-off, which hasn’t really taken off in the same way it has in Europe, Artur Niemczewski, CEO of Pro Global, and Mory Katz, president and CEO of ProTucket, told Monte Carlo Today.   12 September 2018

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