Monte Carlo Archives - InsuranceAsia News https://insuranceasianews.com/industry_segments/monte-carlo/ Mon, 16 Sep 2024 06:48:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Market can expect return to calmer waters https://insuranceasianews.com/monte-carlo-2024-market-can-expect-return-to-calmer-waters/ Sun, 15 Sep 2024 23:30:26 +0000 https://insuranceasianews.com/?p=162704 After a bruising couple of years, this year’s Rendez-vous de Septembre indicated that the hard market is over, with alternative forms of capital and risk solutions here to stay.

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Another year, another few days toughing it out on the foothills of the Alps in a centuries-old principality to kickstart discussions as we begin the run-up to the all-important 1.1 reinsurance treaty ...

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]]> RVS Monte Carlo: What APAC markets can learn from the 2023 edition https://insuranceasianews.com/rvs-monte-carlo-2023-what-the-apac-market-can-learn/ Wed, 13 Sep 2023 23:52:45 +0000 https://insuranceasianews.com/?p=134340 Secondary perils, cyber risk and pressure from the war in Ukraine dominated discussions at the reinsurer meet-up, as well as the return of industry legend Brian Duperreault.

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This week the great and good of the (re)insurance market congregated on the sun-soaked slopes of Cote D’Azur in the principality of Monaco for arguably the most important gathering of the year, namely...

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]]> Hannover Re bullish on price rises for APAC 2021 renewals https://insuranceasianews.com/hannover-re-bullish-on-pc-price-rises-for-apac-2021-renewals/ Mon, 14 Sep 2020 06:52:20 +0000 https://insuranceasianews.com/?p=64067 The firm, led by Jean-Jacques Henchoz, sees progress, including in Australia and Japan.

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Hannover Re expects to see significant price increases across P&C casualty reinsurance for the January 2021 treaty renewals, including in Asia Pacific.
In a statement, released at the time of the ...

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]]> Swiss Re’s Ojeisekhoba: “Lessons from Asia” during Covid-19 https://insuranceasianews.com/swiss-res-ojeisekhoba-significant-lessons-from-asia-during-covid-19/ Tue, 08 Sep 2020 16:01:27 +0000 https://insuranceasianews.com/?p=63430 CEO of reinsurance says focus is on underwriting margins and policy wordings as pricing rises slowly.

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Moses Ojeisekhoba, chief executive, reinsurance of Swiss Re, has said it is clear the market cannot pay for pandemics alone and that it needs to work with governments in order to help absorb costs.
He...

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]]> Pricing, M&A and modeling: Rendez-Vous 2019 recap https://insuranceasianews.com/pricing-data-modeling-and-climate-on-rendez-vous-agenda/ Mon, 16 Sep 2019 06:53:36 +0000 https://insuranceasianews.com/?p=40623 The reinsurance market is facing an upheaval on several fronts.

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The annual Rendez-Vous came at a time of change for the market. Lloyd’s is grappling with major culture and profitable issues, many reinsurers are coming to terms with two enormous loss years linked t...

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]]> Emissions to cause “significant issues”: Scor’s Kessler https://insuranceasianews.com/emissions-to-cause-significant-issues-scors-kessler/ Tue, 10 Sep 2019 22:00:01 +0000 https://insuranceasianews.com/?p=40427 The reinsurer's chief executive stresses that carbon output as usual is not an option.

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Climate change is speeding up and the market is increasingly on the front line, an audience of market players heard on September 10 at the Rendez-Vous 2019.
Denis Kessler, chief executive of Scor, com...

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]]> Rate increases needed for stable market: Swiss Re https://insuranceasianews.com/rate-increases-needed-for-stable-market-swiss-re/ Mon, 09 Sep 2019 22:00:27 +0000 https://insuranceasianews.com/?p=40373 The market is being urged to increase prices as it enters hurricane season.

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Swiss Re expects further rate increases for loss-affected and underperforming businesses and broadly stable rates in other areas, amid continued capital abundance in the market.
Further rate increases...

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]]> As reinsurance consolidation continues, Asia’s markets key https://insuranceasianews.com/as-reinsurance-consolidation-continues-asias-markets-are-key/ Mon, 09 Sep 2019 06:14:53 +0000 https://insuranceasianews.com/?p=40336 Top 10 reinsurers already control 68% of premiums and will be eyeing fast growing Asian economies.

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With a benign start to the year, the sector appears in relatively good health with many players looking to grow quickly.
In 2018 the reinsurance market controlled US$265 billion of gross written premi...

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