Articles
Insurance
Jesus Palacios, director of financial institutions ratings at S&P, told FIDES Today that merger and acquisition (M&A) activity in Latin America this year will be “opportunistic” in most markets or where regional operations are part of the package in larger deals among international players. 10 September 2019
Insurance
Pro Global says it will manage at least 10 managing general agents (MGAs) by the end of the year, a 25 percent increase on the eight it currently manages. 10 September 2019
Insurance
The reinsurance market has entered a more promising era of hardening rates, but has still has a long way to go before progressing into a true hard market, according to IGI. 10 September 2019
Insurance
Xceedance has a global footprint of service and insurtech, but also understands regional nuances and appreciates the challenges its clients face in specific markets, George Freimarck of Xceedance told Monte Carlo Today. 10 September 2019
Insurance
There is a trend for corporate insurers to explore how to use the managing general agent (MGA) model more effectively, Chris Butcher, chief executive officer, Intermediary Services for Davies Insurance Services, told Monte Carlo Today. 10 September 2019
Insurance
Cyber continues to grow globally but with some stark regional differences and re/insurers are increasingly aware of silent cyber, as Luke Foord-Kelcey of Aon’s Reinsurance Solutions told Monte Carlo Today. 10 September 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexander Montoya as president of US, Bermuda and LatAm, effective immediately. 9 September 2019
Insurance
As of January 2020 American International Group (AIG) will begin to affirmatively cover or exclude physical and non-physical cyber exposures for virtually all of its commercial property and casualty insurance policies, in an effort to address market concerns around silent cyber risks. 9 September 2019
Insurance
The rush to the Latin American region is losing its allure for some reinsurers, claims James Grieves, senior vice president and regional manager of the Latin America and Caribbean region at SCOR. 9 September 2019
Insurance
Hannover Re has been active with parametric coverage in the agricultural field for many years, and it is now focusing on the coverage in its property segments. 9 September 2019
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