Monte Carlo: Les Rendez-Vous de Septembre
A look back at Monte Carlo RVS2018
The evolution of alternative capital is accelerating, but can the re/insurance sector catch up?
Under the sun of Monte Carlo, Markel/Nephila was one of the hottest topics of conversation – and for good reason
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Catastrophes and capital optimisation drive reinsurance demand trends
Demand for reinsurance is on the rise. Rock-bottom rates, regulatory scrutiny, recent cat losses and emerging risks are all key drivers, although the biggest is the increasing demand for strategic balance sheet solutions from large insurance groups – putting major reinsurers at a clear advantage
Greenlight Re gears up for excess-of-loss drive and ILS expansion
Hedge fund reinsurer mulls crop market entry and explores follow-up to US motor ILS deal
Monte Carlo Updates
Freddie Mac to broaden reinsurance panel for $3bn annual placement
US government-sponsored mortgage buyer has transferred more than $10bn to reinsurance market since 2013
Monte Carlo: A look back through the years
Insurance Day’s daily editions serve as your trusted guide to the defining trends of each Monte Carlo rendezvous. Click on one of our previous Monte Carlo editions below to see the key talking points from recent years
Hot Topics
Since last year’s rendezvous, a series of catastrophe events have prompted a reassessment of loss potential and reinsurance appetite. Buyers are also increasingly looking to reinsurers to provide products to help manage cyber exposures, while ILS market appetite for traditional and new perils has continued to grow.
Reinsuring the Unexpected: Adjusting to a new normal
Wildfires pose burning questions for re/insurance market
Californian wildfire is not a peak peril, but the losses are becoming increasingly significant for the re/insurance market. Should the sector think differently about the risk?
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California wildfire shocks prompt drive to improve exposure management
Major modelling advances are taking place after last year’s record-breaking California wildfires, which highlighted the deficiencies in existing tools
Cyber: Managing accumulation risk as appetite increases
ID Comment: Cyber aggregations set to be prominent on Monte Carlo agenda
Next month’s Rendez-Vous will provide an opportunity for discussions on how the reinsurance market can help the primary market cover wide accumulations of cyber exposure
Cyber accumulation risks present ‘strong argument’ for government backstops
New Geneva Association study suggests creation of government backstops could help boost market confidence, ‘potentially unlocking capacity that would otherwise remain on the sideline’
Expanding the role of ILS
ID Comment: Where next on ILS growth trajectory?
Alternative capital will be looking to play a meaningful role in classes beyond its traditional property catastrophe base at forthcoming renewals
Webinar: New perils and new tech will determine future of ILS market
Big obstacles remain to a wholesale revolution of ILS sector, according to experts
Facing the future
The London market will take its value proposition to Monte Carlo as it aims to maintain and grow its position on the global stage. Insurance Day's most recent business briefing saw some of London's most senior executives examine where London's value now lies
Watch the highlights from the Insurance Day Business Briefing. London’s future as a global insurance hub is as a centre of high-value specialists and the intellectual property (IP) they bring, senior market figures told the Insurance Day Business Briefing at Lloyd’s Old Library
A panel of insurance industry experts discuss the benefits and challenges of artificial intelligence
The panel discuss product innovation and development
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