Monday, September 10, 2012
Reinsurance executives have been gathering in Monte Carlo this past weekend for the sectorâ€™s 2012 Reinsurance Rendezvous.
If you canâ€™t be there in person, check out #MCRe2012 on Twitter for the latest conference happenings.
Insurance Journal writes that the reinsurance industryâ€™s key concerns are the ongoing financial crisis in the euro zone, interest rates and capital.
Meanwhile, Artemis blog tells us that one of the hot topics of conversation at Monte Carlo this year is the convergence of the reinsurance and capital markets.
Industry appetite for mergers and acquisitions is the subject of a Bloomberg BusinessWeek report.
The improving capital position of the reinsurance sector has been the dominant theme of recent industry briefings.
A new study from Aon BenfieldÂ found that global reinsurer capital reached a record level of $480 billion at June 30, 2012, up 5 percent from December 31, 2011, amid lower catastrophe activity.
Similarly, Guy Carpenter recently reported that reinsurance renewals took place against a backdrop of plentiful capacity at July 1, 2012.
Check out I.I.I. information on reinsurance.