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Bermuda-based Validus Holdings has appointed Ellie Zhou as underwriting manager for Greater China. 27 October 2015
News
Researchers quizzed cedants on which reinsurers they like to work with on specific lines of business. The following tables show the reinsurers named the most often in Latin America by line of business. 27 October 2015
News
Emerging liability requirements as a result of international investors’ involvement in many of the large Latin American businesses is accelerating claims consciousness in the region, says John Blake, managing partner of Hemispheric Reinsurance Group. 27 October 2015
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
Insurance
One of the key challenges presented by the Latin American market is the increase in local market appetite and capacity for risks that were traditionally coming through to Lloyd’s in London. That is the view of Rupert Taylor, head of general liability and multi-line product development for Marketform. 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
Insurance
The US needs to manage emerging risks before they begin to manage the US—while also accepting change as a positive force. 27 October 2015
Insurance
One of the most challenging areas for re/insurance at present in Latin America is around major energy projects because the price of oil has made a number of these less viable, says Mike Methley, CEO of JLT Latin America. However, construction, aviation and marine are growing very strongly, he added. 27 October 2015
Insurance
Latin America is an important part of Lloyd’s future growth strategy, according to Juan Carlos Realphe G, Lloyd’s Colombia general representative. “Lloyd’s is opening representative offices in Colombia and Mexico, providing valuable capability and expertise to local markets and across the region,” he said. 26 October 2015
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