Monte Carlo reinsurance Rendez-Vous a go-go

Posted on September 22, 2011 by Mairi

Last week the reinsurance world descended on the glamorous Monte Carlo for the annual reinsurance Rendez-Vous.

Among the diamonds, champagne and glitz of the setting, real work was being done, brokers standing their ground on reinsurance pricing for the January 1, 2012 renewals, reinsurers saying prices will rise by up to 10%.

This dance will continue in Baden Baden in October, when the real negotiations are finalised, and may well result in a 5 to 7% rise, according to those in the know.

This year, there was a newcomer to the event, however. World Risk and Insurance News – a new dedicated insurance news channel launched there and has produced several reports on the back of it – and they are very good, well edited and well presented with good content. Continue reading →

The CCRIF – in light of the catastrophe in Haiti is the pot for the insurance and reinsurance of the Caribbean nations enough?

Posted on January 15, 2010 by Mairi

I was going to write today about XL Capital moving its domicile from the Cayman Islands to Dublin (and by the way, DIMA, well done on bagging this one). I was going to write about what it might mean for the company going forward, for its listings, for its long-suffering shareholders and for its global HQ in Bermuda.

But I’ve been watching the events in Haiti, and, to be honest, the news of XL getting its EU passport seems to pale into insignificance. Continue reading →