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“A major reason why Moody’s bought RMS is that there’s something very powerful about the consistency of analytics that enables the future solving of a problem to occur,” Ben Brookes, VP of consulting services at RMS, told Intelligent Insurer. 13 September 2022
Insurance
Much closer cooperation between the three key Lloyd’s associations is a good thing, which has led to a united voice and a much better working relationship with Lloyd’s executives, David Johns-Powell, non-executive director of the Association of Lloyd’s Members (ALM), which also calls itself the Voice of Third Party Capital at Lloyd’s, told Intelligent Insurer. 13 September 2022
Insurance
Discussions in Monte Carlo were centred on three core areas, all of them based around supply dynamics, Tom Wakefield, chief executive officer of Gallagher Re UK, told Intelligent Insurer. 13 September 2022
Insurance
The global legacy market is bullish, with strong demand from insurers for capital-relieving solutions, plentiful supply of capital from investors, and increasing investment by brokers. 13 September 2022
Insurance
Inari started talking publicly about its products six months ago in Bermuda. With several clients there and one in Asia under its belt, it has come to Monte Carlo to speak to European re/insurers. 13 September 2022
Insurance
Transparency is crucial for this year’s 1/1 negotiations, according to NewRe chief executive officer Thomas Braune, as capacity shortages, inflation and a wave of wider uncertainties have hit the reinsurance market. 13 September 2022
Insurance
Despite the enormously complex global macroeconomic environment there are still “pockets of opportunities’ in certain lines of business—and they will be the focus of Dale Underwriting, a Lloyd’s underwriting business, while sticking to its core expertise. 13 September 2022
Insurance
Any move to increase rates on the basis of wider global market trends will be resisted by Benoît des Cressonnières, the buyer for Allianz Trade and chief executive officer of Euler Hermes Reinsurance, part of Allianz Trade, on the basis that his business has been consistently profitable for some 14 years. 13 September 2022
Insurance
AkinovA has plans to partner with companies in the intellectual property space, its chief executive officer, Henri Winand, told Intelligent Insurer. 13 September 2022
Insurance
Inflation is not going to go away, so the issue facing the re/insurance industry is how to contain it. That is the view of Pete Chandler, president and chief executive officer of BMS Re. Factor in climate change, and the industry is pressed to find new solutions—but Chandler believes it has the talent to achieve these. 13 September 2022
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