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Insurance
Reinsurance rates in the Latin American region are sometimes lower than those in Europe, making it difficult for Sompo to justify the deployment of capital to the region. 15 November 2017
Insurance
High growth potential for the Latin American insurance market has attracted global re/insurers and brokers to the region through mergers & acquisitions (M&A), despite weak recent economic growth, according to consultancy firm EY. 15 November 2017
Insurance
Across the industry, insurtech is the buzzword. Potential game-changers such as artificial intelligence and blockchain could irreversibly change the landscape. 15 November 2017
Insurance
Austerity measures are driving down economic growth in Central America and the Caribbean, according to data provider FocusEconomics. 15 November 2017
Insurance
“We are committed to making sure that we learn from large events, like the September 19 earthquake that struck Mexico.” These are the words of Justin Moresco, senior product manager for RMS earthquake models, who spoke to FIDES Today. 15 November 2017
News
“The trend of multinational ingress into the region seems to be waning, with some big insurance companies having sold, or being in the process of selling, their operations, due to less than satisfactory performance.” This is the opinion of James Grieve, senior vice president at SCOR Reinsurance, speaking to Intelligent Insurer. 15 November 2017
Insurance
Bermuda-based PartnerRe plans to double its market share in Latin America within the next three to five years, the head of Latin America Humberto Cabrera, told FIDES Today. A prerequisite for the expansion is that the growth is profitable, Cabrera noted. 15 November 2017
Insurance
As Latin American nations continue to recover from the severe hurricanes and earthquakes which took place in September, Ingrid Carlou, the chief executive officer of Patria Re, has advised re/insurers to prove their service to clients. 15 November 2017
Insurance
Incoming data suggest that growth momentum is largely holding up across the Latin American economy and the recovery remains firmly underway, according to data provider FocusEconomics. 15 November 2017
Insurance
There is a growing appetite in some Latin American markets for personal accident coverage, an insurance policy that pays out if an individual dies suddenly or is critically injured and unable to work, according to Philippe François, global head of business development, AXA Life and Health Reinsurance. 15 November 2017
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