News
Insurance
“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
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
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
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
Insurance
Excessweather, a Lloyd’s broker that specialises in parametric products, has seen demand for its products and expertise surge thanks to a combination of new technology enabling the use of such solutions and a greater awareness of the possibilities globally. 13 September 2022
Insurance
The idea of a widespread cat capacity crisis is “nonsense”. Capacity is available and the largest European reinsurers are even willing to write more—with the exception of US cat peak zone risks, James Vickers, chairman, international, reinsurance, Gallagher Re, told Intelligent Insurer. 13 September 2022
Insurance
A flight to quality has taken place by investors that now applies to all investment opportunities in the property-cat space, Jarad Madea, head of TigerRisk Capital Markets and Advisory, told Intelligent Insurer. 13 September 2022
Insurance
“One aim is to keep things that are difficult to insure insurable—that is the challenge for today,” according to Thierry Léger, group chief underwriting officer at Swiss Re, as he spoke at the reinsurer’s Monte Carlo event on various topics including climate change. 13 September 2022
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