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Insurance
The re/insurance market in Brazil is turning a corner as the government makes changes that will nurture growth, according to Marcelo Raposo, General Representative Brazil, Tokio Marine Kiln. 27 October 2015
News
An increasing percentage of large US property-catastrophe placements are being made with collateralised markets, James Kent, co-president, Willis Re and president of Willis Re North America, told PCI Today. 27 October 2015
Insurance
Patria Re’s entry into the Lloyd’s Market, achieved via the launch of a special purpose syndicate (SPS) in partnership with the Ironshore-owned Pembroke Managing Agency, will allow the company to diversify and ultimately expand its presence in its home market of Latin America, Ingrid Carlou, chief executive of Patria Re, told PCI Today. 27 October 2015
Insurance
The American Association of Managing General Agents (AAMGA) has welcomed the news that Lloyd’s is to allow multi-year binding authority agreements of up to 36 months—a change that the AAMGA had wanted for many years. 27 October 2015
News
It is still too early to predict property-catastrophe rate decreases below negative 10 percent, according to one broker. 27 October 2015
News
Closing the property protection gap is a key issue facing the global re/insurance industry, which must be addressed, Swiss Re executives Monica Ningen and Nancy Bewlay told PCI Today. 27 October 2015
Insurance
Guy Carpenter is actively engaged with a number of leading insurers in helping them understand the inland flooding peril, Sherry Thomas, managing director of cat management with the broker, told PCI Today. 27 October 2015
News
Competing brokers should bear some of the blame for the continuing softening of rates though their influence has also been reduced on some placements, Jean-Paul Conoscente, senior vice president and chief underwriting officer at SCOR treaty underwriting, told PCI Today. 27 October 2015
Insurance
Paul Schultz, the chief executive of Aon Securities, has hit back at the assertion that brokers are facilitating the continuing soft market by putting their own interests in front of those of their clients and keeping rates suppressed. 27 October 2015
Insurance
Some of the first sets of third quarter results have started to roll in from re/insurers. 27 October 2015
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