During the 2026 Rendez-Vous de Septembre in Monte Carlo, Marsh Re leaders addressed many issues connected with the reinsurance marketplace. See below for media coverage highlights.
Laurent Rousseau
CEO of Global Capital & Advisory, and Head of International
Reinsurance buyers regain control ahead of 2027 renewals
In this article in Reinsurance News, Laurent Rousseau, Head of International, discussed market conditions as a buyer’s market, particularly in property.
“For insurers, the message is straightforward: this is a buyer’s market,” Laurent said during a virtual briefing of Monte Carlo Rendez-Vous de Septembre. “There’s a positive environment to buy additional protection in, to position at the right point in the cycle, and to support growth without sacrificing volatility management or capital adequacy.”
Smart-follow could come to reinsurance
In this interview from Intelligent Insurer ahead of Monte Carlo Rendez-Vous de Septembre, Laurent discusses how the more common use of sidecars in the sector could open up more pre-agreed or smart-follow deals for reinsurers.
‘Abundant capital should be a wake-up call, not a victory lap’
In this article from Reinsurance News, Laurent talks about how reinsurance capital continues to build a favorable environment for insurers but is also placing greater pressure on reinsurers to demonstrate the value they bring to clients.
“Reinsurance capital continues to increase… It is rising on both sides of the ledger,” he explained. “Traditional reinsurers are building capital through strong written earnings, and alternative capital is growing faster still and continues to take a larger share of total reinsurance capital.”
Julian Enoizi
Europe CEO
Climate, geopolitics and AI to dominate European reinsurance agenda ahead of 1.1
In this interview with The Insurer, Julian Enoizi, Europe CEO, explained how climate change, geopolitical tensions and the rapid emergence of AI will be key issues among European (re)insurers heading into January 2027 renewals.
The renewal debate will be shaped increasingly by questions around the adequacy of coverage for emerging and systemic risks, rather than price alone.
“One is obviously climate change,” he continued. “Following huge floods in early 2026, the past few months alone has seen record-breaking heatwaves and severe drought – not a phenomena that you normally associate with Europe.”
The second major theme is geopolitics.
“This time last year, we were talking about the political situation in North America, and we were talking about Ukraine,” Julian explained. “We aren’t talking about Iran and the Middle East at that point, because it hadn’t happened, and now we’ve got the situation with the Strait of Hormuz, the impact on energy sources, on inflation and on security.”
The third major theme is cyber, with the market focusing toward the consequences of AI. This issue is especially relevant in Europe because cyber coverage is “massively underpenetrated in the region.”
“We’re talking about less than 5% penetration in cyber coverage in Europe. We need to think seriously about the reason for that,” Julian continued. “Is the reason that people are ignorant of the risk? I don’t think so. I think the reason is they can’t buy the type or amount of cover that they feel that they need.”
Vicky Carter
Chairman of Global Capital and Advisory
Abundant capital may tempt risk moves
In this interview with The Insurer, Vicky Carter, Chairman of Global Capital and Advisory, discussed how disciplined firms could still find opportunities in a softening market but would need to be increasingly selective about their growth plans. She indicated that data centers, energy transition risk and managing general agents (MGAs) as near-term opportunities.
Rising climate risk, including severe convective storms and wildfires, has shifted the way the market views secondary perils.
“The perils that used to be secondary perils are almost becoming like primary perils now,” Vicky explained. She called for deeper public-private partnerships and wider use of alternative products, such as parametric insurance, to address the climate-related coverage gap.
Anthony Cordonnier
Global Co-Head of Cyber
Cyber reinsurance buyers willing to explore higher cessions at Jan 1 renewals
In this interview with Reinsurance News, Anthony Cordonnier, Global Co-Head of Cyber, said a meaningful shift is beginning to appear: a willingness among some buyers to explore higher cessions at the January 1, 2027, cyber renewals.
“The coming renewal, therefore, feels more substantive than routine, particularly for those who start the dialogue early and use that time to think carefully about structure rather than only pricing,” he said.
Marsh Re develops named-peril catastrophe reinsurance cover
In this article from The Insurer, Anthony discussed how Marsh Re is developing name-peril AI catastrophe reinsurance cover ahead of the January 2027 renewals.
Anthony described how the product is intended to protect against defined AI-related incidents across cyber, stand-alone AI, and potentially other portfolios.
“You can have something that’s quite narrow in coverage,” he explained, adding that the product could be “potentially quite broad in its application across different lines of business.”
Ed Hochberg: Structured reinsurance solutions gain momentum as markets soften
In this video interview with AM Best TV, Ed Hochberg, Head of Global Solutions, discusses the growing demand for prospective and retrospective structured reinsurance, legacy risk solutions and the evolving role of alternative capital.