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Insurance
Barbican Managing Agency (Barbican) is continuing to consolidate its position in what it states is a rather challenging time for the market. 13 September 2017
Insurance
International General Insurance Holdings (IGI) is set for further steady growth as it prioritises profit over expanding too quickly, according to Waleed Jabsheh, president of IGI Bermuda and executive director of IGI UK. 13 September 2017
Insurance
Nexus Group is eyeing future M&A deals to diversify and strengthen its managing general agency (MGA) portfolio after its recent acquisition and rebrand of a reinsurance treaty MGA from ZON Re, which it renamed Nexus Re, founder and executive chairman Colin Thompson told Monte Carlo Today. 13 September 2017
Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
Insurance
The insurance market is increasingly looking towards managing general agents (MGAs) as it copes with a set of difficult trading conditions, according to two leading executives at Asta Managing Agency. 13 September 2017
Insurance
Assurant said on Sept. 11 that it expects pre-tax losses from Hurricane Irma to exceed its retention of $125 million pre-tax but that they will remain within the company’s comprehensive reinsurance program. 12 September 2017
Insurance
Property/casualty insurer Chubb said on Sept. 11 that it plans to establish its EU headquarters in France. 12 September 2017
News
Aon Benfield has just published its September Reinsurance Market Outlook report. Mike Van Slooten, head of market analysis–international at Aon Benfield, discusses some of the key findings with Monte Carlo Today. 12 September 2017
News
The hurricanes that have made landfall in the US will have “scared the living daylights” out of some market participants as much because of their potential scale rather than the actual losses. But that could lead to third party investors being more selective about which carriers they work with in future. 12 September 2017
Insurance
In association with Swiss Re, Monte Carlo Today conducted surveys of senior industry executives ahead of and during the conference. Their responses to various questions are published here. 12 September 2017
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