News
Insurance
More severe convective storms are occurring in the US, meaning that insurers must increasingly see it as more than simply an attritional loss, Rajkiran Vojjala of RMS told Monte Carlo Today. 8 September 2019
Insurance
David Flandro, the well-known broker who has previously headed analytics teams at JLT Re and Guy Carpenter, told Monte Carlo Today that his new role with Hyperion X, the data and technology arm of Hyperion Insurance Group, represents his most exciting challenge yet and an opportunity to take the use of data in the insurance and reinsurance industry to another level. 8 September 2019
Insurance
Global reinsurance can expect to face market “headwinds” in 2020, despite strong capitalisation and rising pricing, ratings agency Moody’s has said. 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
Insurance
Although some rate corrections are taking place in the market, they are inconsistent and inadequate given how many years of softening the market has endured. 8 September 2019
Insurance
Large casualty losses are becoming more frequent and insurers must find better ways of pricing general and excess liability business if they are to avoid getting stung, Ron Adiel, chief executive officer of Advisen, told Monte Carlo Today. 8 September 2019
Insurance
The Indian market remains the core of GIC Re’s business and it is growing fast, but the reinsurer is increasingly capitalising on opportunities overseas as well, as Alice Vaidyan of GIC Re told Monte Carlo Today. 8 September 2019
Insurance
As Hurricane Dorian continues to threaten the southeast US coast, a credit ratings firm has identified the primary insurers that could be most affected. 6 September 2019
Insurance
Re/insurance broking and advisory firm Beach & Associates has appointed Gavin Johns and Richard Emson to its London wholesale division. 6 September 2019
Insurance
Gallagher has acquired RGA Group, a specialist in supporting landlords and the lettings industry. 5 September 2019
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