AGP Executive Report
Last update: 34 minutes agoRendez-Vous de Septembre in Monaco: Sidecar demand is surging as reinsurers broaden structures beyond property into casualty and specialty. Moody’s (via Aon) says outstanding sidecar investments hit $23bn in H1 2026, up ~50% since end-2024, as investors chase diversified risk transfer. Reinsurance Risk Watch: AM Best flags “broker facilities” as a “net credit negative” risk, warning that delegated underwriting can reduce control and raise governance/regulatory scrutiny concerns in a soft market. Catastrophe & Cyber Pressure: Swiss Re warns insured natural catastrophe losses could rise 5–7% annually, with worst-case scenarios around $320bn; Munich Re adds that “non-peak” perils have crossed $100bn in losses for the first time, driven by cyber and AI-linked threats. Monaco Business Move: Edmond de Rothschild relocated its Monaco private banking operation to a new 5,300-sq-m building in La Condamine, bringing 270 staff together and expanding services under one roof. Local Tech Deal: Monaco acquired Bengaluru B2B sales AI startup Overlayy to bring sales conversation intelligence into its revenue platform.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
/https%3A%2F%2Fsportsmole-media-prod.s3.gra.io.cloud.ovh.net%2Fuploads%2F2026%2F09%2Ficonsport-285460-0060-1-6a97b61a2fe14022535646.jpg)
