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Cyber

Swiss Re warns on cyber aggregations

Swiss Re’s head of Reinsurance is urging the industry to take a considered approach to cyber given the potential aggregation risks and that some risks were so systemic that only governments can reinsure.

Tue 12 Sep 2017

News

Legacy

Reports of advanced talks highlights R&Q’s commitment to Lloyd’s RITC, says CEO and Chairman Ken Randall

R&Q founder Ken Randall was once head of Lloyd’s regulation but it was the processing and management of its legacy business where he acquired a reputation as a no-nonsense run-off expert.

Tue 12 Sep 2017

News

Losses

Irma loss estimates lowered as focus turns to post-event response

US cat exposed shares climbed yesterday as investors breathed a sigh of relief about the eventual cost of Hurricane Irma to the (re)insurance industry.

Tue 12 Sep 2017

TV

Emmanuel Clarke on how the industry will react after Irma

Video

Monte Carlo

Emmanuel Clarke on how the industry will react after Irma

Emmanuel Clarke, President and CEO, PartnerRe talks to Reinsurance Magazine at the at the 2017 Monte Carlo Rendez-Vous on how the industry will react to the losses from Hurricanes Harvey and Irma.

Tue 12 Sep 2017

News

Monte Carlo

Ed on the front foot one-year on

Lightyear Capital owned wholesaler Ed is celebrating its first year following its bold rebrand at the Monte Carlo Rendez-Vous last year and CEO Steve Hearn told Reinsurance Magazine that the broker is now “on the front foot” as it continues to attract talent and compete for new business without the legacies of its past.

Tue 12 Sep 2017

News

Losses

Industry must seize the chance to shine

The combination of natural disasters in recent weeks has provided the reinsurance market with the chance to prove itself to its customers according to JLT Re.

Tue 12 Sep 2017

Facilitating new overseas entrants into Lloyd’s is key, says Barbican

News

Monte Carlo

Facilitating new overseas entrants into Lloyd’s is key, says Barbican

Barbican, the Carlson Capital-owned insurance group with a pedigree for supporting new insurance entrants into the Lloyd’s market, says it is attracting a lot of interest from overseas carriers who currently have little or no existing relationship with Lloyd’s.

Tue 12 Sep 2017

IGI: growth strategy may involve Lloyd’s “one day&quote;

News

Monte Carlo

IGI: growth strategy may involve Lloyd’s “one day"

IGI executives attending the Monte Carlo Rendez-Vous paid tribute to the Lloyd’s platform and told Reinsurance Magazine that as a (re)insurer writing international business that in the long-term it would make sense to be a member of the 300+ year-old market.

Tue 12 Sep 2017

News

Monte Carlo

Munich Re: Onus on insurers to close protection gap

There is an urgent need for the reinsurance market to look to grow and close the global protection gap according to Munich Re.

Mon 11 Sep 2017

Hurricane post mortems will change market – Scor

News

Losses

Hurricane post mortems will change market – Scor

French reinsurance powerhouse Scor said regardless of the track or scale of the losses from Hurricane Irma the market will be changed by the lessons learnt.

Mon 11 Sep 2017

News

Losses

Florida braced for Irmageddeon

With a cruel sense of timing, Florida is bracing itself for a hit from one of the biggest hurricanes in history just as the global reinsurance industry converges on Monte Carlo for the annual Rendez-Vous.

Mon 11 Sep 2017

News

Rates

Lloyd’s urged to cut cost base

Nick Frankland, the newly anointed CEO of Aon Benfield’s London market business, has said that Lloyd’s has to act “more swiftly” in reforming its processes and reducing a cost base which is now higher than many of its competitors.

Sun 10 Sep 2017

Insurance needs to innovate to close poverty trap

News

Monte Carlo

Insurance needs to innovate to close poverty trap

The growing role of insurance in enhancing the ability of millions of people around the world to afford medical care has been highlighted on a new report from Swiss Re’s research arm.

Sun 10 Sep 2017

News

Losses

Capital waiting to pounce on post-event opportunities

While great uncertainty remains about the Irma insured loss picture, what is less in doubt is that capital is waiting in the wings if they spot post-event opportunities.

Sun 10 Sep 2017

R&Q accredited in California licence boost

News

Monte Carlo

R&Q accredited in California licence boost

The desire of reinsurers to get closer to the client and the mushrooming of MGAs is leading to an increased demand for program writers. Reinsurance talks to Todd Campbell and Ken Randall…

Sun 10 Sep 2017

News

Brexit

“Simplified” R&Q in bullish 2017 trading statement

R&Q’s share price may be given a fillip when trading on the London Stock Exchange opens later this morning following a notably upbeat trading statement that gives a strong hint that 2017 full year expectations will be surpassed.

Tue 5 Sep 2017