AGP Executive Report
Last update: an hour agoMonaco Governance: Monaco prosecutors brought lawyer Thierry Lacoste, a senior adviser to Prince Albert II, before an investigating judge in a long-running property corruption and influence-peddling probe, with allegations including bribery, undue influence and money laundering. Reinsurance & Risk: At the Monte Carlo Rendez-Vous, Munich Re warned that losses from non-peak perils topped $100bn in 2025 as climate, geopolitics and tech volatility rise; AXA XL Re said it’s cautious for 1/1/2027 renewals but aiming for consistent pricing and appetite; Everest framed the market as a “solution provider” game with underwriting discipline. Data Centres & Insurance Demand: Swiss Re’s Jérôme Haegeli said the “physical economy is back” as data-centre and energy capex fuels a potential major P&C opportunity. Local Business/Tech: Monaco-based AI sales intelligence firm Monaco acquired Bengaluru startup Overlayy, aiming to replace legacy CRM tools with agentic AI for B2B reps. Sports Business: The Premier League’s record-spend summer is under scrutiny as Everton’s transfer chaos and Monaco-linked striker Folarin Balogun’s failed Everton move keep spilling into the new season.
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