News
Insurance
The insurance industry must keep a close eye on the transformative potential of technology, according to Ian Meadows, director for insurance at EY and a director of EY’s initiative Insurwave, which offers blockchain-enabled marine insurance. 9 September 2019
Insurance
Rates are increasing, but perhaps not fast enough, was one of the main themes of a discussion by a panel of industry experts speaking at S&P Global Ratings’ Annual Reinsurance Roundtable at this year’s Monte Carlo Rendez-Vous. 9 September 2019
Insurance
PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has marked its 10th anniversary by highlighting its intention to expand globally. 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
Dan Malloy, chief executive of Third Point Re, is upbeat about the progress the company has made as it looks to realign its portfolio. Over the past two years it has expanded its underwriting team in line with plans to write a more diverse portfolio targeting lines of business with higher margins. 9 September 2019
Insurance
CyberCube’s Cyber Threat Outlook Survey took the pulse of cybersecurity professionals and asked for their perspectives on the frequency and economic severity of the cyber threats facing businesses, as Rebecca Bole of CyberCube told Monte Carlo Today. 9 September 2019
Insurance
The insurance industry must keep a close eye on the transformative potential of technology, according to Ian Meadows, director for insurance at EY and a director of EY’s initiative Insurwave, which offers blockchain-enabled marine insurance. 9 September 2019
Insurance
QBE’s reinsurance business had a “pleasing” first half year, especially with the cat exposure, according to Jonathan Parry, chief underwriting officer of reinsurance at the firm. 8 September 2019
Insurance
After the 2017 and 2018 cat losses, investors are more cautious and seeking better returns. But with new ILS hubs emerging globally, the future of this market looks bright, Craig Smith of Deutsche Bank told Monte Carlo Today. 8 September 2019
Insurance
In the 2019 renewals negotiations so far, reinsurers have seen improvements in rates and prices compared to the previous, heavily loss-affected years. 8 September 2019
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