Reinsurance News Monte Carlo Executive Roundtable

The Reinsurance News Monte Carlo Executive Rendezvous Roundtable took place at the 66th edition of RVS in September 2024 and featured insightful discussions on the reinsurance market as we head towards the key January 2025 renewals.

In partnership with BMS Re and PwC, the 2024 Reinsurance News Monte Carlo Executive Roundtable report is now available to download for free.

After an impressive year for reinsurers in 2023 on the back of rate increases and structural changes, companies have produced solid results so far in 2024, and full-year performance is expected to be strong once again. In light of this, the conversation kicked off with an overview of current market conditions and whether these can be sustained into 2025.

Executives from across the reinsurance space also explored the structural changes that have occurred in recent times and debated attachment points and the need and appetite for coverage at the upper and lower layers, and of course, rates.

While the property market is often the focus for many, roundtable participants were eager to comment on the casualty reinsurance space amid the deterioration of prior years and stressed that more needs to be done in this area.

Risk models were also discussed, as were technology and innovation as artificial intelligence and more advanced technology threaten to influence the risk transfer value chain.

The growing cyber insurance and reinsurance space was also a hot topic at RVS and during our 2024 Monte Carlo Roundtable, and while participants are watching the sector, caution remains.

For this year’s Monte Carlo Roundtable we were joined by the following participants from across the industry:

• Adam Mullan, Executive Chairman, BMS Re Bermuda.
• Matthew Britten, Partner, Risk Assurance Services Leader, PwC Bermuda.
• David Govrin, Group President and Chief Underwriting Officer, SiriusPoint.
• Neville Ching, Chief Executive Officer, Reflex Solutions.
• Iain Reynolds, Director and Head of Catastrophe Analytics and Research, Peak Re.
• Jamil Elbahou, Chief Executive and Chief Underwriting Officer, Connect Underwriting.

Download your copy of the 2024 Reinsurance News Monte Carlo Executive Roundtable here.

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