News
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Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase. 10 September 2018
Insurance
Antares plans to combine with sister company Qatar Re to buy reinsurance this year—and predicts rate reductions as a result, head of ceded reinsurance Richard Anson told Monte Carlo Today. 10 September 2018
Insurance
An uptick in mergers and acquisitions (M&A) is accelerating a trend whereby the traditional re/insurance value chain is being replaced by a broader risk ecosystem with less defined boundaries between players, Victor Peignet, CEO of SCOR Global P&C, told Monte Carlo Today. 10 September 2018
News
The reinsurers of the future will partner with alternative capital, leverage technology, give clients solutions they want and have a good handle on their cost base—those were some of the conclusions of S&P Global’s Annual Reinsurance Roundtable at the Rendez-Vous de Septembre in Monte Carlo. 10 September 2018
Insurance
While retaining a robust market share in its home of India, GIC Re is increasingly competing on the international stage. Devesh Srivastava, general manager of GIC Re, explains its strategy. 10 September 2018
Alternative Risk Transfer
The ILS market showed its maturity in the aftermath of the 2017 cat losses and is going from strength to strength on the back of that, says Craig A Smith, head of EMEA sales–corporate trust, Deutsche Bank. 10 September 2018
News
PartnerRe is positive about the general outlook of the reinsurance market as it currently stands, according to president and CEO Emmanuel Clarke. 10 September 2018
Insurance
Against a backdrop of high expense ratios, attritional losses and underperforming business, the Lloyd’s market had its worst year in 2017 since the 1990s, according to Stonybook Capital’s first edition ‘Property & Casualty Insurance Review’. 10 September 2018
Alternative Risk Transfer
Real-time catastrophe data can provide claims adjusters in insurance companies with better information and allow them to make risk decisions in real time, whether that be buying live cat over, buying more reinsurance or in the ILS market, Karen Clark, CEO and founder of Karen Clark & Company (KCC), told Monte Carlo Today. 10 September 2018
News
On the back of expansion through acquisitions, an upgrade, investments in technology and solid organic growth, Sava Re is heading into this year’s renewal season in a buoyant mood, says CEO Marko Jazbec. 10 September 2018
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