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Monte Carlo wrap-up: Essential news dispatches from the Rendez-Vous
A roundup of the breaking news, C-suite interviews and exclusive insights.
Rebecca Perkins
,
11 September 2024
Bermuda
Everest Group appoints Williamson acting CEO as Andrade departs
Andrade is taking up a CEO role at another “prominent financial services firm”, Everest said.
Kyoung-son Song
,
08 January 2025
ILS managers
ILS manager Q3 numbers show different rates of forward momentum
Strong growth in fee income builds on the favourable rating environment.
Liz Bury
,
18 November 2024
Talent
Brace lands Hiscox product recall underwriter Townsend
Amie Townsend will be responsible for developing Beat’s UK and Europe platform.
Abbie Day
,
31 January 2025
Re/insurers
Munich Re to ‘accommodate’ growing demand in return for UW discipline
Areas with growing demand and complexity include natural catastrophe and cyber, it said.
Abbie Day
,
21 October 2024
Talent
Moruzzi and Cope to join Lockton Re as senior brokers
Daniel Moruzzi joins from Ascot and Matthew Cope joins from Aon.
Abbie Day
,
14 January 2025
Brokers
Hardening cycle ‘starting to turn’ in low-loss power market: WTW
Benign claims activity and increased capacity are contributing to “competitive pressures”.
Samuel Casey
,
08 October 2024
Energy
Power and renewables markets brace for $400mn loss from California battery fire
The Moss Landing facility has previously faced major claims.
Samuel Casey
,
21 January 2025
Re/insurers
Twia approves 22% budget uplift to $485mn for 2025 storm season
The state insurer is budgeting for an extra 43% of overall coverage in 2025-26.
Jai Singh
,
11 December 2024
Reinsurers
RenRe’s Wehmeyer: One good year no reason to lower retentions
The executive also highlighted SRCC in property treaties as a concern.
Rachel Dalton
,
21 October 2024
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