Welcome to the third day of our coverage from the 2018 Monte Carlo Rendez-Vous! 

We are glad to provide you with our third daily edition, where you will find the latest news, analysis and intelligence from our team of journalists and analysts attending the Rendez-Vous.

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LEAD NEWS

Ed not under pressure to find a buyer: Hearn

Despite ongoing talks with a number of private equity firms, CEO of London-headquartered broker Ed Steve Hearn said owner Lightyear Capital is not pressuring his firm into a speedy deal

Cat 4 Florence edges ever closer

Hurricane Florence continued to strengthen as it edges closer to landfall in the Carolinas

It could be time to shrink Lloyd’s: Hancock

In an interview with Re-Insurance, Lloyd’s performance director Jon Hancock has acknowledged Lloyd’s

may shrink in 2019 - the first time in years

COMMENT

A reason to be cheerful

The picture on rates may be unclear but what is indisputable is that reinsurance demand is up - and strongly.

We publish research that shows reinsurance Premiums are up 15 percent in the first half of 2018 compared to the same time last year

NEWS

Amlin backs new cyber reinsurance start-up Envelop Risk

Start-up chaired by former XL head Brian O’Hara signs reinsurance capacity deal

Reinsurers looking for Lloyd’s Brexit leadership

Beazley’s head of reinsurance Patrick Hartigan calls on Lloyd’s to provide more clarity to reinsurers over Brexit.

Axa-XL gets regulatory approval

On the day Axa receives regulatory approval, Re-Insurance interviews new P&C head Greg Hendrick

Duperreault commits AIG to ILS evolution 

AIG CEO Brian Duperreault believes the ILS market still has lots of development potential and says his firm will be involved 

Swiss Re on rising tensions

Pressure on expense ratios will lead to brokerage tensions in the future

Hannover Re on course

German reinsurer predicts it’s on course for its 2018 growth target of ten percent and says it expects rate stability

OPINION

Dwindling reserve redundancies will harden resolves: TMR

Tokio Millennium Re’s chief underwriting officer Brian Secrett says carriers are mindful that the reserves tank is running dry…

Reinsurance remains a buyers’ market despite cats: Marcell

The head of Aon’s newly-minted Reinsurance Solutions business Andy Marcell says rates in the sector still favour those seeking capacity

Winds of Change

A fair wind favours multiple efforts in the US to enact legal frameworks for insurance business transfers, writes Darag’s group chief client officer Eleni Iacovides 

The connected risk solution 

Russell Group founder Suki Basi provides the solution to the connected risk dilemma 

Flood: A Growth Opportunity or a Profit Drain?

As hurricane threatens to bring major flooding to the US Carolinas’ coast, RMS executive Maurizio Savina says recent events have increased the industry’s understanding of exposures

Insurers are hiding from real tech innovation: IGI

The insurance industry is the last of the financial services sectors not to have succumbed to Silicon Valley-type disruptors but that is going to change, IGI COO Hatem Jabsheh predicts

R&Q shows commitment to program market with Accredited

Ambitious transatlantic fronting carrier Accredited explains reason for the recent rebrand

The Italian job

The Italian reinsurance market has some unique characteristics of growth, explains Massimiliano Fantini, Liberty Mutual Re’s general manager for reinsurance,

What are the legal implications of Brexit?

As hopes of a breakthrough in negotiations rose, Kennedys’ head of corporate and public affairs Deborah Newberry looks at the legal landscape