Since 1957 the major players in the world Reinsurance market have met at the Rendez-Vous de Septembre in Monte-Carlo. For sixty years now, the Rendez-Vous de Septembre has brought together the major players in the world Reinsurance markets in Monte-Carlo including reinsurers, insurers and brokers and also attracted a large number of lawyers, bankers, accounting and rating companies, and specialist journalists.
This international and informal Reinsurance congress allows all the participants to meet together to discuss matters which concern the market. It also marks the beginning of the annual negotiation process prior to the renewal of Reinsurance treaties and, finally, it encourages high level contacts which often lead to strategic alliances.
It was in 1957 that the Rendez-Vous de Septembre was created through the initiative of the President of the Assurances Générales, André Roux, together with some other members of the industry, in order to enable players in the Reinsurance market to meet and to exchange views and information on the state of the market at that period of the year. Many Reinsurance contracts are automatically renewed on the 31st of December.
The Rendez-Vous de Septembre has been increasingly successful. Mote than 2 600 professionals from 80 countries meet in Monte-Carlo. Countries with the largest representation are Great Britain, France, the United States, Italy and Germany.
Several reasons explain why Monaco was chosen :
Firstly, Monaco is a neutral country with no local insurance company and,
on the other hand, the Principality of Monaco can provide its guests with extensive, high-quality hotel facilities, all within a circumscribed area. As a result, it is possible to walk to most appointments.
Finally, the Principality is certainly one of the safest places on earth.
The Rendez-Vous de Septembre is run by an association with 16 members, all representing different countries, who constitute the Association des Rendez-Vous de Septembre, an association under Monegasque law founded on 1st January 2010. Its President is Claude Tendil and Daniel Fortuit is Corporate Secretary.
The conference is managed jointly by the Rendez-Vous de Septembre Secretariat and the Direction du Tourisme et des Congrès de Monaco, who work all year round to ensure the registration of participants, hotel booking and the practical organisation of meetings and a variety of official events.