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Many countries began the year with fiscally conservative and business-friendly administrations, following regional elections, but domestic challenges remain, Mathias Jungen, head of reinsurance Brazil and the Southern Cone at Swiss Re, has told FIDES Today. 11 September 2019
Insurance
Regulatory changes in Latin America are pushing local insurers to leverage catastrophe risk models in-house, making them better able to compete with global insurers who have long had access to models. 11 September 2019
Reinsurance
Diversification should not be regarded as a panacea by reinsurers and the industry as a whole must be wary of the consequences of under-pricing catastrophe risks however they are packaged. 8 September 2013
Insurance
UK-based Aviva said on Oct. 5 that it agreed to acquire a majority shareholding in Wealthify Group, the parent company of 'robo' investment service provider Wealthify. 5 October 2017
Insurance
Appealing to a dynamic and diverse workforce will be central to the long-term success of the industry, says Matthew Connell of the Chartered Insurance Institute. 13 May 2019
Insurance
There is a lot of pent-up demand in the US insurance market for big carriers to place certain lines of business into run-off, which hasn’t really taken off in the same way it has in Europe, Artur Niemczewski, CEO of Pro Global, and Mory Katz, president and CEO of ProTucket, told Monte Carlo Today. 12 September 2018
Insurance
Caribbean catastrophe facility CCRIF said on Oct. 30 that it is paying out $7.0 million to Trinidad & Tobago from its excess rainfall policy following a period of heavy rainfall between Oct. 18 and Oct. 20, 2017. 31 October 2017
Insurance
Dutch insurance group Aegon has agreed to divest the last substantial block of its life reinsurance business to SCOR Global Life. 8 August 2018
Insurance
Lloyd’s re/insurance broker RFIB Group said on Oct. 30 that it has launched RFIB (Singapore). The new operation will serve as a hub for the continued development of RFIB’s presence across Asia, according to the statement. 30 October 2017
Insurance
Bermuda-based re/insurer Ascot and specialty insurer Beazley have come together to launch a Lloyd’s based cargo consortium that uses insurtech solutions to help manage risk and claims performance. 12 February 2019
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