Typically the busiest day of the Monte Carlo Reinsurance Rendez-vous, Monday saw the hotels buzzing with reinsurance and ILS industry executives meeting to begin their discussions and planning for the end of year renewals.
Here's our daily recap after Monday from the 2025 RVS event, keeping to our ILS market-relevant focus.
Guy Carpenter anticipates rising demand for capacity across reinsurance and retrocession at the January renewals, but against a backdrop of softening where they will be looking for markets to offer more to clients, through improved pricing and terms.
As PwC released its sixteenth Global Insurance Run-Off Survey report today, we took a look at what the legacy reinsurance sector is saying about the growing use of alternative capital in the space, as well as how legacy solutions are now serving insurance-linked securities (ILS) funds and investors as well.
Yesterday in Monte Carlo, Munich Re board member Stefan Golling told a media briefing that alternative reinsurance capital and the catastrophe bond market in particular, are not helping to narrow the insurance protection gap, while highlighting the reinsurers' independence from third-party capital.
While the property catastrophe reinsurance market entered into a phase of measured softening in the first half of 2025, Klaus Sapelza, CUO of Lumen Re has highlighted how this is not a full pricing reversal.
This morning Jean-Jacques Henchoz, Chairman of the Board of BMS Group and former CEO of Hannover Re, gave an impassioned plea for the reinsurance industry today to make inroads into narrowing protection gaps, seeing innovation, technology and a culture of experimentation as key, while the capital markets are a vital tool to achieve this.
Having begun the process to establish a Bermuda based insurance-linked securities (ILS) platform named Hannover Re Capital Partners, global reinsurance firm Hannover Re is having "very positive" investor conversations so far, Executive Board Member Silke Sehm said today in Monte Carlo.
Secondary liquidity and standardized deal processes are essential factors that will help support the ongoing growth of the catastrophe bond and insurance-linked securities (ILS) market, according to Jean-Louis Monnier, Head of ILS at Swiss Re Capital Markets.
German reinsurer Deutsche Rückversicherung AG (Deutsche Rück) is exploring potential risk absorbers and additional vehicles, while also keeping an open mind towards alternative capital instruments, according to Chief Executive Officer (CEO) Achim Bosch.
More updates from Monte Carlo tomorrow!
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