News
Insurance
As the world’s reinsurers gather in Monte Carlo for the annual Rendez-Vous, Ross Lazaroo-Hood of Landmark Holding Group explains that while there are opportunities for MGAs there needs to be more than just a compelling underwriting case. 9 September 2019
Insurance
Intense competition and overcapacity are among the biggest challenges for the global reinsurance industry. That was one of the key points in a presentation in Monte Carlo, given by rating agency AM Best, at which it also warned of some of the negative effects of Brexit. 9 September 2019
Insurance
Sirius Group is seeking to play to its strengths, focusing on the quality of its underwriting and becoming more nimble as it moves through 2019 and into 2020. 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
News
Value chain compression is an increasingly hot topic in the reinsurance market, but larger brokers can be reluctant to make changes. That is the view of Jason Howard, chief executive officer of Beach, speaking to Monte Carlo Today. 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
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
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
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