The United States-Mexico-Canada Agreement (USMCA) deal will lead to the improvement of financial products and help make it possible for the under-insured population to gain access to the financial system.
The Mexican insurance market has vast potential, but the prospects are less than they are portrayed to be, according to Manuel Escobedo, president of the Mexican Association of Insurance Institutions.
The global slowdown in economic growth will eventually translate into growth in world insurance premiums, particularly in the non-life and life risk segments.
Liberty Mutual Re’s Dieter Winkel tells FIDES Today how best to respond to what seems an increasingly chaotic world.
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.
“The whole market wants Lloyd’s to succeed and it is widely recognised that Lloyd’s unique attributes are more relevant than ever today. We are not underestimating the size of the challenge ahead of us,” Daniel Revilla, head of Latin America at Lloyd’s, told FIDES Today.
Growth in Latin America is a key part of AXA’s global growth strategy. Philippe Francois, global head of life and health international reinsurance business development at AXA, told FIDES Today all about it.
Anja Biendarra, the CEO of Munich Re Bogotá, Regional Centre South America, writes for Fides Today.
Reinsurers in Latin America face many challenges, but the best companies will turn these into opportunities and ultimately thrive, says Bruno Krenboeck of Axis Re.
It’s been a rocky road for many in the industry. Several of Lloyd’s syndicates have closed; others were forced to stop underwriting certain classes and/or territories, Miguel González Arrate, president of Baalnak, told Fides Today.