19 March 2024 The current CEO to transition to the role of chairman.
Latest Insurance & Reinsurance Features
Diverse, unpredictable and growing fast, the Latin American market offers no shortage of challenges for the insurance industry—but also a tremendous opportunity.
Latin America offers opportunities for re/insurers willing to understand and accept the important subtleties of operating in the region, Marcelo De Gruttola, vice president–senior analyst at Moody’s Investors Service, tells Intelligent Insurer.
It may be politics as much as premiums that is the deciding factor when it comes to Latin America’s re/insurance prospects. There’s massive scope for growth, but players cannot ignore a history of political instability, says II panel.
LatAm re/insurance executives are seeing more interest from global market players as the region presents opportunities for growth and to improve results for businesses already established in the mature markets.
The survey reveals acknowledgement of pioneering work by regional companies in Brazil, Colombia and Mexico.
Economies in the region are improving and stabilising as insurance penetration continues to increase, all of which provides fertile ground for re/insurance market growth.
From hurricanes to droughts and the ‘fire belt’, the scale of cat exposure in LatAm creates intense demand for cat and operational reinsurance, says Eduardo Recinos Schonborn at Fitch Ratings.
Latest Risk Management Features
Re/insurers in the region saw their four-year nat cat hiatus shattered in October, just as political turbulence looms—with 2024 marked out as a year of elections, says AM Best.
WBN CEO Olga Collins highlights the importance of getting the ‘creative juices flowing’ as she shares her market predictions for global re/insurance in the year ahead.
Hundreds of cyber insurance luminaries celebrate ‘hotbed of innovation’.
Proportionate modelling remains tricky when the right information isn’t forthcoming, says Meike Röllecke of HDI Global SE.
Latest ART & ILS Features
In our special LatAm focus during March 2024, Intelligent Insurer will reflect on and review the highs and lows of this huge, opportunity-filled region, starting with this look back at the conference.
The risk transfer industry needs more capital—but ILS investors are interested only if returns reach more attractive levels that meet or exceed long-term target returns for risk assets, Dirk Lohmann, chairman of Schroders Capital ILS, told Intelligent Insurer.
Insurers can help the sector deal with these complex and interrelated pressures using innovative solution services, says Valarie Jonas, director of Construction Claims at Markel.
Swiss Re’s recent innovative ILS deal, completed with JP Morgan and designed to help the reinsurer manage its capital, has the potential to grow the sector exponentially, says one of the industry’s pioneers Dirk Lohmann.
More News
Insurance
18 March 2024 The market’s minimum price may rub up against Ageas’ max capacity, one brokerage suggests.
Insurance
18 March 2024 Distribution channels, commercial lines build-out & auto efficiencies in focus.
Reinsurance
18 March 2024 The hire has also held senior roles at both Swiss Re and Willis Re.
Insurance
18 March 2024 The syndicate-in-a-box will target £34.1m in gross written premium for 2024.
Insurance
18 March 2024 He has held senior management roles overseeing M&A underwriting at Fusion, Aviva & AIG.
Insurance
18 March 2024 The new hire brings extensive experience in specie insurance.
Reinsurance
18 March 2024 The executive to head up treaty in Latin America and the Caribbean.
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