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Insurance
Capsicum Re bolsters Brazil operations with two hires
Specialist reinsurance broker Capsicum Re has expanded its Brazil operations with the appointment of Marcio Ribeiro as head of the facultative division based in Sao Paulo, and Júlia Nunes as head of operations, based in Rio de Janerio.   2 November 2016
Insurance
Aspen acquires Puerto Rican MGA in marine expansion
Aspen Insurance, the insurance segment of Aspen Insurance Holdings, has acquired Blue Waters Insurers, a specialist marine managing general agency (MGA), based in San Juan, Puerto Rico.   1 November 2016
Insurance
The challenge of remaining relevant
The task of how to become and remain relevant has become the single biggest challenge facing many insurers as they grapple with the interconnected problems of political changes, consolidation and a technological transformation, Ingrid Carlou, chief executive, Patria Re, told PCI Today.   25 October 2016
Insurance
Trend of protectionism a bigger worry than election result
While the US election will inevitably dominate conversations at industry conferences at the moment, the rhetoric should focus less on the person being elected and more on the trend prevalent in the US and globally of protectionism and nationalism.   24 October 2016
Insurance
Brazil’s re/insurance sector soldiers on despite headwinds
Brazil’s re/insurance market has remained fairly resilient despite the recent downturn in the general Brazilian economy, according to AM Best.   23 October 2016
Insurance
Munich Re's Jeworrek: Stop praying for a hard market
Reinsurers should not be worrying about if and when the soft market will end—instead they should be focused on innovation and cycle management during the prolonged downturn, Torsten Jeworrek, member of the Board of Management at Munich Re, tells Intelligent Insurer.   20 October 2016
Insurance
AIG to sell LatAm and European operations
American International Group has entered into several agreements with property and casualty with re/insurer Fairfax Financial Holdings, to sell to it its local commercial and consumer insurance operations in Argentina, Chile, Colombia, Uruguay, Venezuela, and Turkey.   19 October 2016
Insurance
Brazilian reinsurers stand firm despite wider economic woes
Brazil’s reinsurance market has remained strong in spite of an unfavourable operating market and hobbled economic growth, according to a report from AM Best.   18 October 2016
Insurance
Global market share of mutual and cooperative insurers remains robust
The International Cooperative and Mutual Insurance Federation (ICMIF) has released new statistics which shows that the mutual/cooperative insurance sector maintained a 27 percent global market share for a consecutive year.   14 October 2016
Insurance
Lloyd’s appoints head of LatAm
Lloyd’s has appointed Daniel Revilla as head of Latin America. He will be responsible for enhancing business relationships and trading rights across the region for the benefit of the Lloyd’s market.   14 October 2016

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