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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
Insurance companies in the US are facing such an unprecedented plethora of disruptive forces that their leaders have no choice but to try to look over the horizon, adapt and see the opportunities in this changing landscape, David Sampson, president & chief executive of the Property Casualty Insurers Association of America (PCI), told PCI Today. 25 October 2015
News
Markel International achieved gross written premiums of $825 million in 2011, representing a 16 percent rise on the previous year’s results of $709 million. 2 February 2012
Insurance
Reinsurers with internal capital models approved by regulators will have a competitive advantage over their rivals due to the flexibility this will offer in the way they allocate capital, Denis Kessler, chief executive and chairman of SCOR, told Baden-Baden Today. 21 October 2015
Insurance
Insurance industry groups including the Property Casualty Insurers Association of America have applauded new legislation that means the Federal Reserve can apply different capital standards to insurers compared with those applied to banks. 4 June 2014
Insurance
The deadline for Solvency II implementation is likely to be pushed back once again, given the time frame that has been allocated for the long-term guarantees assessment impact study, according to accountants familiar with the process. 4 February 2013
News
Some $1.6 billion of new issuance catastrophe bond transactions – made up of five bonds – took place in the first quarter, according to Willis Capital Markets & Advisory (WCMA), part of re/insurance broker Willis Group Holdings. 20 May 2013
Insurance
Brazil faces an increasing risk of terrorist attacks while the retail sector was the hardest part of the economy hit by such attacks last year, according to analysis by Aon Risk Solutions, which has released its annual Terrorism and Political Violence Map. 28 January 2014
Alternative Risk Transfer
Cyber re/insurance can be opened up to ILS investors but the underlying risks must be properly understood before they can be modelled, says Sciemus CEO Rick Welsh. 21 July 2016
Insurance
There has been, and continues to be, significant growth potential across Asia in terms of large commercial risks and in growing the consumer insurance markets, believes Matt Fairfield, the founder and chief executive of ANV Holdings, which operates three syndicates at Lloyd’s, who is attending the EAIC this week. 2 November 2014
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