News
Insurance
VIG Re is mounting an expansion beyond its core markets based on its intimate knowledge of markets and its low cost ratio, chairman Johannes Martin Hartmann and Peter Thirring, member of the managing board, told Monte Carlo Today. 11 September 2019
Insurance
Helping governments move risk off their books can provide the risk transfer industry with a big opportunity for growth—but a collaborative approach is required, Charles Cooper, chief executive of reinsurance at AXA XL, told Monte Carlo Today. 11 September 2019
Insurance
Specialist insurance intermediary New Dawn Risk Group has hired Dermot Dick, most recently chief underwriting officer at Emirates International, to build out its treaty team. 10 September 2019
Insurance
Growth in Latin America is a key part of AXA’s global growth strategy. Philippe Francois, global head of life and health international reinsurance business development at AXA, told FIDES Today all about it. 10 September 2019
Insurance
Re/insurer AXA XL is simplifying its reinsurance organisational structure, aligned around its key markets and intended to enhance the focus on its 'payer to partner' strategy. The changes, effective January 2, 2020, will include combining its Bermuda and London platforms, and centralising its claims and operational functions into one global unit. 9 September 2019
Insurance
Convex, Stephen Catlin’s new venture has now recruited 90 people including 20 product leaders and is opportunistically writing business—but it plans to really hit the ground running from the start of 2020, Catlin told Monte Carlo Today. 9 September 2019
Insurance
Mergers and acquisitions (M&A) activity will continue for 2019, and into 2020, particularly in light of interest rates and abundant capital in the market, Parimah Hassouri, partner at Drinker Biddle and Reath, told Monte Carlo Today. 9 September 2019
Insurance
Re/insurers are facing the combined challenges of a competitive pricing environment in their insurance business and low yields on their investments. But insurers are increasingly focused on responsible investing and pension transfers, Christopher Price, head of insurance solutions, AXA Investment Managers, told Monte Carlo Today. 8 September 2019
Insurance
Four years since the launch of UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, chief executive Marco Sordoni explains to Monte Carlo Today why the reinsurer is seeking deeper relationships with clients and is investing in its infrastructure. 8 September 2019
Insurance
Broker Marsh and Construction Risk Partners (CRP), a specialty broker dedicated to the US construction industry, have entered an agreement whereby CRP management will buy back the company’s stock from JLT Specialty USA. 6 September 2019
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