Reinsurance rendezvous concludes
Regulatory changes in Bermuda and elsewhere may affect investments and financial returns for global reinsurers, delegates to the annual gathering of Rendez-Vous de Septembre have been told.
The global head of Insurance Solutions at Fidelity International led a discussion that centred on the regulatory changes in Bermuda and across Europe and Asia.
The 66th Reinsurance Rendez-Vous in Monte-Carlo, Monaco, has ended after meetings of some of the most senior people in the reinsurance industry.
Bermuda reinsurance market C-suite executives joined their global counterparts for the annual meeting of minds on all things reinsurance.
It was the industry's largest gathering of the year involving insurers, reinsurers and brokers, who discussed developments in the market and other major issues affecting the industry.
Apart from networking and educational events, attendees also met privately as negotiations have begun for the next reinsurance treaty renewal campaign.
Tuesday night marked the end of the formal programme, with a glittering reception hosted by the Government of the Principality of Monaco and by the Rendez-Vous de Septembre Association.
One country gaining particular attention was Uzbekistan — a region with significant potential in hydrocarbon, mining, uranium and other valuable resources.
A session examined the key factors that influenced the initial development of Central Asian countries post-independence, assessed the present state of Uzbekistan's insurance sector, and identified positive and negative trends driving its growth.