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AROUND THE MARKETS
New Endurance chief executive, David Cash, is the latest speaker to join the line-up for this prestigious event, held in association with The Review
FEBRUARY ISSUE
Like all re/insurers, Bermuda’s carriers face an increasingly tough business environment in 2010. But while the island’s companies are well positioned for such an environment, they will find profitable growth in such a market challenging, says Stuart Collins.
After closing three deals to transfer the longevity risks of UK pension funds in 2009, reinsurers are optimistic of significant growth in this relatively new product line, says Stuart Collins.
Debt issues at Dubai World may have shaken investors’ faith in the Emirate but insurance authorisations have remained steady, as Sarah Ahmad discovers. But what has been the knock-on effect for the region’s other fledgling insurance markets?.
It’s full steam ahead for the London Market’s modernisation programme in 2010. But although technological developments have led to greater efficiencies across many areas of the market, funding concerns remain, says Greg Dobie.
ILS issuance is back on track in 2010 driven by increased investor confidence, combined with improved security. And by all accounts the pace of deal-making is likely to accelerate, writes Ruth Lythe.
Property/catastrophe rates took a downward turn at the January 1 renewal and brokers expect the softening to continue through April, June and July. But that does not mean it is a soft market, as Sarah Ahmad discovers.
Downwards pressure on pricing continues throughout the sector, albeit with the exception of a few high-risk pockets, but rates may not be able to fall much lower in 2010, argues Fiona Denton.
