Monte Carlo 2019: Wednesday edition
Welcome to the last day of our coverage from the 2019 Monte Carlo Rendez-Vous!
We are delighted to provide you with the Wednesday electronic copy of The Insurer’s daily Monte Carlo edition. Here you will find the latest news, analysis and intelligence from our team of journalists and analysts attending the Rendez-Vous.
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NEWS
$1.8bn Convex readies E&S platform as Lloyd’s talks continue
Convex Group anticipates its excess and surplus lines (E&S) platform could be live by 1.10, providing transatlantic market access and further kick-starting its growth, The Insurer can reveal
Aspen mulls launch of retro fund as capital transformation plan takes shape
Aspen is rapidly evolving into a nimble specialty risk transfer platform with its own balance sheet and multiple third-party capital sources to allocate assumed risk to investor appetite, CEO Mark Cloutier has confirmed to The Insurer
Insurance and retro rates are hardening, but reinsurance is lagging…
The Insurer Roundtable: The Future of Reinsurance
Executives from the industry discuss the big themes ahead of the key 1.1 renewal…
ANALYSIS
The end of AIG’s reinsurance revolution?
The Insurer explores what’s next after the US insurance giant completes its reinsurance strategy overhauls
Alternative capital drop highlights reinsurers’ retro reliance
Ratings agencies believe the slowdown in the influx of alternative capital to the reinsurance industry will continue, which comes against a backdrop of increased reliance on the retrocession provided by third-party sources
Guy Carpenter’s Siobhan O’Brien examines the developing nature of the cyber market
Where next for (re)insurance M&A?
Clyde & Co’s Andrew Holderness examines the implications of continued consolidation
Neal’s Lime Street revolution exposes Lloyd’s capital conundrum
The revelation that Lloyd’s is being accused of “bad faith” in the High Court by a high profile Name has shone a light on some of the market’s most complicated structures
INTERVIEWS
Deloitte’s head of UK insurance Clive Buesnel seeks to identify the most important future trends in the industry
Record catastrophe years have been catalyst for seamless automation
Aon’s head of impact forecasting on why seamless pricing algorithms are the silver lining to the sector’s lingering costly nat cat storm clouds
Reframing our perspectives on climate risk
Axis Re’s CEO explains why the sector needs to adjust its thinking towards complex climate risk
How climate change is influencing reinsurance buying patterns
Scor’s head of cat research on the importance of assessing cat risk tolerances
Pursuing real partnerships in high growth regions
The senior leadership of Swiss-domiciled Echo Re spoke to The Insurer about the significant growth opportunities they see in pairing with local insurers, especially in Asia
COMMENT AND OPINION
Britain’s new Prime Minister and the cunning Lloyd’s fraudster
Britain’s 54th Prime Minister Boris Johnson is well acquainted with the Lloyd’s market
Underwriters have gone back to underwriting
Reinsurers are going back to basics to focus on profitable underwriting
CFC Underwriting’s CEO Dave Walsh considers what innovation truly means in our world
What happens when an ILW trigger underdelivers?
PCS’ Tom Johansmeyer explores what happens when an industry loss warranty cover doesn’t work the way it is intended
Liberty Mutual Re’s Dieter Winkle on how best to respond to an increasingly chaotic world
New data standards for a new era of risk
RMS senior vice president Ryan Osgaard explains why the industry requires a new data structure to capitalize on better technology and drive innovation and efficiency
Insurdata’s CEO on my how high resolution data tools can take property underwriting to the next level
Ed Broking’s Robert Wildbore on why there has been little action despite all the talk of collapsing the capital-to-risk chain
Perils’ Luzi Hitz and Eduard Held consider the industry initiative to build on the successes of the last decade
European legacy remains competitive and strong
Darag’s CEO on the increasing role legacy solutions play for capital relief
Xceedance’s Uday Virkud talks through on-demand cat modelling services and the value of the offering for the industry