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The rise of a resilient middle class makes for an attractive risk landscape, creating opportunity for re/insurance market growth, says Deutsche Rück’s Florian Kummer.
“I don’t think that Latin America is a continent or a region for opportunist companies or opportunist, short-term capital. It is literally too risky for that.”
That was the opinion of Florian Kummer, head of Latin American markets at Deutsche Rück, as he discussed growth opportunities, barriers to that growth and structural development of the risk landscape in the region.
Kummer, who has 25 years’ experience in the reinsurance industry, took up his role leading the reinsurer’s expansion in Latin America in December 2020.
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Deutsche Rück, Latam, Growth, Florian Kummer, Insurance, Reinurance
