MS Reinsurance chief underwriting officer Charles Goldie says the stage is set for “difficult conversations” at next week’s Monte Carlo Rendez-Vouz, with the executive pointing to “real anger” amongst cedants over the uncompromising stance taken by some reinsurers in the run-up to 1 January 2023.
Speaking at The Insurer’s Pre-Monte Carlo Forum this morning in London, Goldie spoke of the well-documented mayhem at 1 January 2023 around the renewal of cat/all-risk treaties and drew a distinction between what he deemed “transactional players” and “relationship players”.
Read more at The Insurer.