Monte Carlo

Monte Carlo Rendez-Vous organisers push forward with 2021 meeting

The organisers of the 64th edition of the Rendez-Vous de Septembre have opened up the registration for this year’s event despite continued uncertainty surrounding the global Covid-19 pandemic.

Top 10 reinsurance broker rankings

Reinsurance brokers are jockeying for position behind the consolidating giants of the sector…

Cancellation of Monte Carlo Rendez-Vous confirmed

The organisers of the 64th edition of the Rendez-Vous de Septembre have confirmed the event will not go ahead this year due to the global Covid-19 pandemic.

RenRe pulls out of Monte Carlo Rendez-Vous

RenaissanceRe will not be attending the Monte Carlo Rendez-Vous this year because of the ongoing Covid-19 uncertainty and concerns over public safety and economic hardship in the fallout from the pandemic, The Insurer can reveal.

The future of reinsurance - Monte Carlo roundtable

Amongst the raft of topics discussed at The Insurer roundtable in Monte Carlo, the issue of the divergence between insurance, reinsurance and retrocessional pricing generated significant debate, with talk of insurance pricing accelerating across all lines and geographies. Retro, for people that buy it, is also up and accelerating, with reinsurance seemingly caught in the middle.

Monte Carlo 2019: Wednesday edition

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

The future of reinsurance?

Deloitte’s head of UK insurance Clive Buesnel seeks to identify the most important future trends in the industry.

Cat models à la carte

In one of a series of four interviews with The Insurer over the Monte Carlo Rendez-Vous, senior representatives from Xceedance and ChainThat sat down with this publication to discuss what both firms have been up to since the reinsurance industry gathered on the Côte d’Azur 12 months ago and what is on the horizon for them.

The Insurer Roundtable: The Future of Reinsurance

The pricing mismatch…

Insurance rates and terms are hardening in most specialty classes after years of attritional losses. Retro – after the shocks of 2017-18 – is tightening rapidly and is expected to continue into 1.1.

Taking the initiative forward

Luzi Hitz, CEO, and Eduard Held, head of products, at Perils consider how the industry initiative will build on the successes of the last decade.

European legacy remains competitive and strong

Over the past decade, as the impact of Solvency II capital requirements has become evident, continental insurers have warmed to the solutions offered by legacy providers. The established legal frameworks, with UK Part VII transfers just one example, have aided the expansion of the sector. Legacy companies and their clients have also benefitted from regulators’ increased awareness of and familiarity with run-off. Growth is set to continue over the coming years, as the legacy sector has been far from static.

Disrupt from within

For all the talk of collapsing the capital-to-risk chain, little has been accomplished.

The property data revolution

Many traditional exposure models are unfit for purpose. High resolution data tools can take property underwriting to the next level, says Jason Futers, CEO, Insurdata.

New data standards for a new era of risk

The positive impact of catastrophe data exchange formats, such as the RMS Exposure Data Model (EDM) and Results Data Model (RDM), and other vendor formats, is a testament to the pioneering work carried out in the first decades of cat modelling. But the (re)insurance industry now requires a new data structure to capitalize on better technology to drive innovation and efficiency.

Seeing beyond the short term

Liberty Mutual Re’s president Dieter Winkel examines how best to respond to what seems an increasingly chaotic world.

Underwriters have gone back to underwriting…

Reinsurers are going back to basics to focus on profitable underwriting in a move that they believe will add momentum to hardening conditions at 1.1 beyond loss-affected lines.

What happens when an ILW trigger under delivers?

What happens when everything you’ve counted on fails right in front of you? When everything you’ve believed just collapses, leaving you with questions and regret?

Evolution not revolution

It was Justin Trudeau who in 2018 first coined the phrase that ‘the pace of change has never been this fast – yet it will never be this slow again’. One year later these words seem wiser than ever and the phrase has become a truism. While exciting, it can feel like if you stand still for a minute, then you’ll get left behind. That’s certainly true of the insurance industry where we seem to live in permanent fear of disruption.

Record catastrophe years have been catalyst for seamless automation

After the major loss years of 2017 and 2018, Aon’s head of Impact Forecasting, Adam Podlaha, explained how the development of more efficient underwriting and modelling systems underpinned by seamless automated pricing algorithms are the silver lining to the costly nat cat storm clouds that still linger over the industry.