AGP Executive Report
Last update: 7 hours agoClimate & Risk: At the 68th Rendez-Vous de Septembre in Monte Carlo, Munich Re warned that climate-driven shocks are getting more global and volatile, with non-peak losses topping $100bn in 2025 and heat emerging as a growing, “insidious” claims driver. Reinsurance Outlook: AXA XL Re said it’s cautious ahead of 1/1/2027 renewals but expects disciplined pricing and steadier appetite through the cycle, while Gallagher Re’s EMEA chief said flexibility and mid-year structures can help clients reach good outcomes. Ocean Governance: The IHO in Monaco welcomed a new leadership team, aiming to “innovate, unite, and advance” with stronger seabed mapping and hydrographic capacity to support safer navigation and ocean protection. Wildlife Crisis: Nigeria’s vulture population is in steep decline, with the Nigerian Conservation Foundation urging urgent action against illegal killing and trafficking of vulture parts. Marine Race & Science: Yacht Club de Monaco-linked Team Malizia reported a foil-ram issue after a possible marine mammal or fish impact, then secured repairs and resumed racing in The Ocean Race Atlantic.
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