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16 May 2024 His business unit to be reassigned to other areas of the group as restructuring continues.
Latest Insurance & Reinsurance Features
Changes in the admitted markets and Lloyd’s specifically have led to the rapid growth of the excess and surplus lines markets in the US—a phenomenon that is showing no sign of slowing, Jason Liu, chief executive of insurtech Zywave, tells Intelligent Insurer.
Lloyd’s remains central to the growth plans of many carriers targeting the Latin American region, a function epitomised by the role it plays at Miami Reinsurance Week. Dawn Miller, Commercial Director, and Hank Watkins, Regional director and President, Americas, Lloyd’s, spoke to Intelligent Insurer.
Diverse, unpredictable and growing fast, the Latin American market offers no shortage of challenges for the insurance industry—but also a tremendous opportunity.
The Latin American economic picture may stagnate overall in 2024, leading to a cautious outlook for insurers seeking growth. But there are also some good reasons for optimism, S&P Global Ratings reveals in a new report.
The new regime in Argentina is likely to lead to a major turnaround for the reinsurance sector, but the road ahead is not without obstacles, says Pedro M. Lorenti, a partner at Aurigon Advisors.
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.
Latest Risk Management Features
Commercial primary casualty wholesale insurance encompasses an ever-growing range of complex risks that businesses must understand, manage and insure. Markel’s growing team covering this line of business specialises in doing just that, Georgia Collier tells Intelligent Insurer.
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’.
Latest ART & ILS Features
Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.
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.
More News
Technology
16 May 2024 The funding to fuel its global expansion plans in embedded insurance—a growing market.
Insurance
16 May 2024 The 2024 Cyber Insurance Awards USA presents a unique opportunity for professionals in the sector to showcase their contributions and set new benchmarks for excellence and innovation in the industry.
Insurance
16 May 2024 Head of operational transformation to help improve technology and services.
Insurance
16 May 2024 Appointee previously held top finance roles at Admiral and NN Group.
Insurance
16 May 2024 The broker says climate change security aspects are ‘overlooked, and rarely quantified’.
Insurance
16 May 2024 Co-founder and CEO Matson says ‘now is the right time for me to pass the torch’.
Reinsurance
15 May 2024 The broker seeks to bring a ‘fresh perspective to a market increasingly lacking flexibility’.
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