News

Insurance

RGA bids farewell to 14-year board chair; draws successor from own ranks

New appointee spent 38-years at PwC, including as global leader of the insurance practice.   15 September 2022

Insurance

CyberCube partners with EXL on ‘industry-first’ P&C cyber solutions

A key challenge insurers are facing is the lack of continuity and consistency in policies.   15 September 2022

Insurance

The Monte Carlo consensus in stock market eyes: rates must rise

Equity analysts present at Rendez-Vous see "broad acceptance" for a move to higher pricing.   14 September 2022

Insurance

Aon retrieves talent from Singapore to lead UK reinsurance

The move comes as outgoing UK leader focuses fully on Aon’s new strategy & tech unit STG.   14 September 2022

Technology

Tech could save cedants millions on submissions

Reinsurance tech firm Supercede has claimed that cedants could save as much as $300 million in labour costs by using technology to speed the process of submitting often complex reinsurance submission packs relating to treaty reinsurance.   14 September 2022

Insurance

The global legacy market is bullish, with strong demand and increasing investment by brokers, says PwC’s annual Global Insurance Run-off Survey

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 speaks of its Generation IV tech to re/insurers at RVS

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

Inflation and capacity shortages make transparency a must, says NewRe CEO

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

Pockets of opportunities in certain lines of business are the focus of Dale Underwriting, a Lloyd’s underwriting business

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: Benoît des Cressonnières, Allianz Trade

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

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