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The reinsurers of the future will partner with alternative capital, leverage technology, give clients solutions they want and have a good handle on their cost base—those were some of the conclusions of S&P Global’s Annual Reinsurance Roundtable at the Rendez-Vous de Septembre in Monte Carlo. 10 September 2018
Insurance
While retaining a robust market share in its home of India, GIC Re is increasingly competing on the international stage. Devesh Srivastava, general manager of GIC Re, explains its strategy. 10 September 2018
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
News
PartnerRe is positive about the general outlook of the reinsurance market as it currently stands, according to president and CEO Emmanuel Clarke. 10 September 2018
Insurance
Against a backdrop of high expense ratios, attritional losses and underperforming business, the Lloyd’s market had its worst year in 2017 since the 1990s, according to Stonybook Capital’s first edition ‘Property & Casualty Insurance Review’. 10 September 2018
Alternative Risk Transfer
Real-time catastrophe data can provide claims adjusters in insurance companies with better information and allow them to make risk decisions in real time, whether that be buying live cat over, buying more reinsurance or in the ILS market, Karen Clark, CEO and founder of Karen Clark & Company (KCC), told Monte Carlo Today. 10 September 2018
News
On the back of expansion through acquisitions, an upgrade, investments in technology and solid organic growth, Sava Re is heading into this year’s renewal season in a buoyant mood, says CEO Marko Jazbec. 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
Insurance
Rate increases have tapered off since the January 2018 renewal, with lower, single-digit rate increases in the June and July renewals, according to Megan McConnell, director of underwriting London at Hiscox Re & ILS. 10 September 2018
Insurance
Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative, saying it believes that earnings have settled at a “new normal”, with return on capital likely to be more modest but less volatile than before. 10 September 2018
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