Yet another Monte Carlo Rendezvous has been and gone – I’ve attended every year for a full decade – and the themes and messages remain as similar as ever. Market capitalisation, how reinsurers have recovered following the catastrophes of 2011, interest rates, renewal rates and industry regulation were all on the agenda.
One of the themes to emerge in more the recent years of the Monte Carlo Rendezvous, is the impact of international capital market strategies on our industry. Speaking with WRIN.tv about the new money flowing into the industry from the capital markets, I asked, are we seeing a fundamental change in the industry or not?
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