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Government efforts to counter the effects of declining oil prices by raising taxes for re/insurers will be a significant theme in the LatAm region over the coming year. That is the view of Daniel Duesterhaus, general manager for Central and South America at Hannover Re. 27 October 2015
Insurance
The re/insurance market must aim to expand and achieve a greater saturation of insurance buying globally, Adam Szakmary, the recently appointed chief executive officer of Blue Capital Management, told PCI Today. 27 October 2015
News
Closing the property protection gap is a key issue facing the global re/insurance industry, which must be addressed, Swiss Re executives Monica Ningen and Nancy Bewlay told PCI Today. 27 October 2015
Insurance
Good technical underwriting will win out in Latin America despite continuing pressure on the market to write more competitive terms and conditions. That is the view of Santiago Jaramillo, deputy general manager and engineering portfolio manager for Helvetia. 26 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
News
Is Solvency II in Europe a role model for the LatAm region? This is the question Dr Winfried Heinen, head of Gen Re’s international life/health business and executive director of General Reinsurance AG, Cologne, will be exploring in a panel discussion on day three of FIDES. 26 October 2015
Insurance
Falling fertility rates similar to those in other developed markets such as the US, Europe or Japan are leading to an ageing population, with fewer entrants coming into each country’s labour market, says Michael Garvin, chief financial officer–Latin America region for Principal Financial Group. 26 October 2015
Insurance
After years of major investment in infrastructure projects, Latin America has experienced a huge decline in 2015 as a result of falling metal and oil prices. This had an impact on terms and conditions in the re/insurance industry. 26 October 2015
News
With competitive conditions now a major issue all over the LatAm region, merger and acquisition (M&A) activity is increasingly forcing out smaller insurance players, says Salvatore Orlando, head of high growth markets for PartnerRe. 26 October 2015
Insurance
Latin America is a fast developing re/insurance market, says Alex Guillamont, a partner with Kennedys international law firm, based in Miami. Wealth accumulation is increasing among the 415 million people in the region, and with this prosperity comes the need for life and non-life insurance. 26 October 2015
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