Category: Reinsurance market intelligence · Reviewed by Matt Bartlett, Director · Founder · Last reviewed 2026-06-05
The Monte Carlo Rendez-Vous (officially the Rendez-Vous de Septembre — RVS) is the annual September meeting of the global reinsurance industry held in Monte Carlo, Monaco. It is the principal forum at which reinsurers, cedants and brokers exchange market intelligence, indicate renewal positions and set the tone for the 1 January renewal.
Category: Reinsurance market intelligence Also known as: Monte Carlo, RVS, Rendez-Vous de Septembre Established: 1957 Related concepts: Baden-Baden reinsurance meeting, January renewals, reinsurance cycle
The RVS brings together approximately 3,000 senior figures from across the global reinsurance industry over five days. Activity is concentrated on bilateral meetings between cedants/brokers and reinsurers, supplemented by reinsurer press conferences (signalling renewal pricing positions), industry briefings (Aon, Guy Carpenter, Munich Re, Swiss Re market commentaries), social events and informal exchanges.
The meeting is not a conference in the formal sense — there is no published programme of presentations. Rather, it is a structured opportunity for the world’s reinsurance industry to gather, exchange information and prepare for the principal renewal of the year.
The RVS has no regulatory standing. It is an industry gathering. The reinsurer commentary at Monte Carlo is, however, closely monitored by regulators (PRA, EIOPA, NAIC) and ratings agencies as a leading indicator of market conditions.
The principal output of Monte Carlo is the public reinsurer positioning on the upcoming renewal cycle. Reinsurer press conferences typically include views on: rate adequacy by class; loss experience by territory; capital and capacity position; structural shifts (climate change, secondary perils, cyber); and the appetite for new business.
Broker reports (Aon Reinsurance Market Dynamics, Guy Carpenter Renewal Briefing) published at Monte Carlo are influential market documents. Industry coverage by Reactions, Insurance Insider, Artemis and Reinsurance Magazine provides comprehensive reporting.
Cedants use Monte Carlo to present their accounts in advance of the renewal — meetings with reinsurers serve as the first step in the formal renewal process.
An illustrative example: at the September 2023 Monte Carlo RVS, the major reinsurers (Munich Re, Swiss Re, Hannover Re) collectively signalled continued discipline on property catastrophe pricing while noting selective softening in casualty classes. Broker commentary indicated that property catastrophe rates were likely to rise 10–20 per cent at 1 January 2024 on loss-affected programmes, with stable or slight softening on loss-free programmes. The actual 1 January 2024 outcome broadly tracked these signals.
This entry is part of the Apex Insurance Wiki. Last reviewed by Matt Bartlett on 2026-06-05. Next review: 2026-12-05.
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