Monte Carlo 2019: Tuesday edition

Welcome to the third day of our coverage from the 2019 Monte Carlo Rendez-Vous! 

We are delighted to provide you with the Tuesday 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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MC Day 3 cover

NEWS

Eklund mulls new retro ILS start-up for 1.1

Former RenRe exec David Eklund is working on a potential fundraising for a new retro-focused ILS fund believed to be up to $600mn-$700mn, The Insurer can reveal

Argo working with Willis Re on potential legacy transaction

Argo is working with broker Willis Re and the group’s capital markets and advisory arm on a potential run-off deal, The Insurer can reveal

ANALYSIS

The Names’ capital conundrum: navigating a no-deal Brexit

Why the prospect of a no-deal exit from the EU could cost Names dear

The London Market – Back on track

Aon gives its take on John Neal’s ‘Future at Lloyd’s’ initiative to transform the market

Taking to the skies

It’s been a busy year in times of intermediary musical chairs for the aviation (re)insurance market

Swiss Re back on top of global reinsurance rankings

Swiss Re has reclaimed the top spot in AM Best’s list of the world’s largest reinsurers

(Re)insurance stocks enjoy strong 2019 despite summer sell off

Non-life (re)insurance stocks have continued to do well in 2019, despite an equities sell-off in July-August

INTERVIEWS

Energy markets splitting

Dominick Hoare talks rate rectification, energy bifurcation and changes to the Lloyd’s model

An abundance of program opportunities

Colin Johnson and Todd Campbell discuss the latest trends

Hyperion’s “big bet on Lloyd’s”

Hyperion Group co-founder David Howden has welcomed a major new initiative by its group subsidiary RKH

The role of the independent broker in the future of Lloyd’s

Toby Esser of AFL Insurance Brokers on market transformation and the part to be played by independent brokers

Positive rate momentum does not make a hard market: Beazley’s Hartigan

Increases should not be confined to loss-affected business 

Cat bond market shows resilience

Shiv Kumar on lessons learned in the collateralized reinsurance space

Riding the digital wave to growth

Axel Schmidt on investing in technology to broaden underwriting and distribution opportunities

Widening the talent pool

Adrian Jones of Scor says don’t be put off by the Insurtech scare stories

Distributed Ledger Technology – the next frontier is here

David Edwards of Xceedance addresses some of the misconceptions about this nascent technology

COMMENT AND OPINION

The generation game

A common complaint coming out of carrier and broker management within the US commercial insurance market concerns the experience gap

Lloyd’s not-so silent cyber clean up provides reinsurance opportunity

Jonathan Spry applauds Lloyd’s mandate to eliminate non-affirmative cyber risks

Climate change on the business agenda

Callum Higgins of RMS provides a guide to mitigating climate risk

Solving for X

David Flandro of Hyperion explains how its newly launched data and technology business differs from competitors

A rare (earths) dilemma – how to quantify precious metals risks

Suki Basi of Russell Group on how (re)insurers can better manage exposures by tracking the flow of commodities

Putting the brakes on claims inflation

Casualty claims inflation shows no signs of slowing, says Thomas Greene of Liberty Mutual Re