News
Insurance
In recent years the industry has been experiencing big losses from unexpected perils, Tom Johansmeyer, assistant vice president–PCS strategy and development at ISO Claims Analytics, told Monte Carlo Today. 11 September 2019
Insurance
Reducing the cost of distribution is a key concern for clients of Sequel, a Verisk business that focuses on complex commercial and specialty insurance software innovation. Chief commercial officer EMEA, Paul Latarche, told Monte Carlo Today that carriers are looking for ways to reduce the cost of access to certain business lines. 11 September 2019
Alternative Risk Transfer
Alternative capital is now entering the market at many more points in an attempt to get closer to the risk and the logical conclusion is that some insurance-linked securities (ILS) funds will look to launch rated carriers, Eric Andersen, co-president of Aon, told Monte Carlo Today. 11 September 2019
Insurance
Global insurance legacy specialist DARAG has seen a “flurry of activity” in the last 18 months with a number of acquisitions and funding, “and more announcements to come”, the company’s group chief executive officer Tom Booth told Monte Carlo Today. 8 September 2019
Insurance
The Mexican insurance market has enormous potential, although according to Manuel Escobedo, president of the Mexican Association of Insurance Institutions (AMIS), that potential could be less than has generally been portrayed. 8 September 2019
Alternative Risk Transfer
Property/casualty insurance risk information provider PCS, a Verisk Analytics business, has launched its catastrophe loss index for Mexico. 5 September 2019
Insurance
As Michael Gove, a senior minister in Prime Minister Boris Johnson’s new government, told the UK’s Sunday Times newspaper that the government was working to the assumption of a no-deal Brexit, the London Market Group (LMG) has published its Brexit update report ‘A new relationship with the European Union’. 29 July 2019
Alternative Risk Transfer
Tom Johansmeyer of PCS, Verisk Insurance Solutions, considers five lessons the market will need to learn this summer. 28 June 2019
Insurance
WR Berkley Corporation has appointed Marlo Edwards as president of Verus Underwriting Managers, succeeding Dale Pilkington, who is retiring. 13 June 2019
Insurance
Proxy advisory firms Glass Lewis and ISS have urged SCOR shareholders to vote against large remuneration and compensation packages for SCOR chairman and CEO Denis Kessler, ahead of the company’s AGM on 26 April in Paris. 17 April 2019
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