All Monte Carlo RVS articles
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Behind the memes – Instagram’s ‘The Hard Market’
The industry insider behind ‘The Hard Market’ – the internet’s ‘official unofficial source for insurance industry truths, memes, and mayhem’ – speaks to GR editor David Benyon about going beyond the laughs to enact real change for the profession
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S&P Global emphasises reinsurance resilience despite casualty, geopolitical concerns
S&P observed that the top 19 reinsurers carry 11% capital redundancy, or nearly $40bn. The ratings firm emphasised the reinsurance sector’s strengths, while highlighting uncertainties in casualty, geopolitics and macroeconomic outlook.
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‘Deteriorating’ outlook sees ‘pricing power shift from reinsurers’ – Fitch
Softening market conditions are impacting supply and demand status quo, while natural catastrophe losses are escalating due to secondary perils ‘which are not so secondary anymore’, says credit ratings agency
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20 years since KRW: Ariel Re’s Ryan Mather
Two decades after hurricanes Katrina, Rita, and Wilma reshaped the reinsurance landscape, Ariel Re’s CEO Ryan Mather reflects on the reinsurer’s origins, the pivotal moments that shaped its journey, and why a culture of analytics and due diligence gives it its competitive edge.
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Welcome to the RVS 2025 GR Annual Edition!
We meet again for another glittering Monte Carlo – where the same annual renewal questions fuel late-night discussions alongside fresh excitement for transformative changes to come
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‘The player manager’: Aon’s Dominic Christian on broking and leadership in a changing market
Global chairman of Aon’s Reinsurance Solutions Dominic Christian reflects on what makes a good broker and a good leader in this volatile world – always balancing big picture strategising with a high level of technical expertise on the ground.
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Constructing a cohesive operating model – Gallagher Re’s Mowery
Building structure across a global business, bringing clarity to the complex – this is the central mission of Gallagher Re’s chief commercial officer Lara Mowery. She explains to GR why real efficiency starts with standardisation and collaboration
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Softening market, tough discipline – SiriusPoint’s Govrin
David Govrin says reinsurers are holding firm on terms, even in the face of price softening. Meanwhile, forces of inflation, climate change, and geopolitics are reshaping the market in real-time, with profound and long-term effects
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Aon sees buyers gain leverage as renewal season begins
Aon’s pre Monte Carlo RVS report highlights record capital, rising ILS activity and a supportive market for cedents, as reinsurers seek to deploy capacity and stay relevant
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Innovation vital amid market softening, says Howden Re
Howden Re’s pre RVS 2025 reinsurance market study argues that reinsurers and cedents should embrace innovation, diversification and disciplined risk selection to thrive as market conditions continue to shift
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Reinsurers hold firm as market recalibrates, says AM Best
AM Best’s latest reinsurance market report finds global reinsurers maintaining disciplined underwriting, strong capitalisation and enhanced investment returns, as executives jet off to RVS 2025
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Guy Carpenter sees buyer’s market as reinsurers head to Monte Carlo
At its pre-RVS 2025 briefing, senior executives at the reinsruance broker pointed to accelerating softening trends, abundant capital and shifting casualty dynamics, while cautioning reinsurers to balance growth with relevance.
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EXPANDING HORIZONS: RVS Global Executive Breakfast Roundtable 2024
As its role as a leading reinsurance market hub continues to evolve, what’s next for the DIFC? And what can the experiences of other reinsurance hubs around the globe teach us? Our breakfast discussion at Monte Carlo’s Rendez-Vous de Septembre 2024 sought to find out.
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A new baseline for reinsurance has been reached - Everest Re
In the current environment, global risk-adjusted returns are expected to remain favorable at 1/1 and throughout 2025, says Jill Beggs, Everest Reinsurance executive vice president and chief operating officer.
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Russell Group unveils connected risk business resilience policy
‘We believe this is the future of global corporate (re)insurance,’ says managing director.
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Event loss sizing as the flood waters rise – Q&A with ICEYE
As climate change and shifts in land use drive an increase in flood events, Rupert Bidwell, ICEYE’s vice president, insurance solutions, explains how satellite data can help insurers size the impact of the event, manage capital and set reserves much more quickly and effectively.
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IGI expanding specialty treaty arm amid reinsurance market opportunities – Jabsheh
The re/insurer’s treaty business has doubled in size, particularly in London market specialty, according to IGI’s president and CEO, speaking to GR at RVS 2024 in Monte Carlo.
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Hannover Re: ‘Continuing trend’ of hardening reinsurance terms
The reinsurer said that there was a ‘movement towards stabilisation generally’ at its RVS 2024 briefing in Monte Carlo.
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Guy Carpenter issues Global Specialties 2024 market update
Report from the reinsurance broker includes non-marine, terrorism, marine and energy, construction and engineering, aviation and aerospace, trade credit, bond and political risk.
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US casualty: Reinsurance is part of the problem – Munich Re
Reinsurers should ’stop fooling themselves’ about rate improvements in US casualty business, when this is being more than cancelled out by higher claims activity, Munich Re warned at its RVS 2024 briefing.