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Insurance
The Allstate Corporation has estimated pre-tax catastrophe losses of $516 million for October 2017, 90 percent of the losses relating to the five recent wildfires in the state of California. 16 November 2017
Insurance
The Federal Emergency Management Agency (FEMA) has contracted actuarial consulting firm Milliman to redesign flood insurance products across the National Flood Insurance Program (NFIP). 16 November 2017
Insurance
Loss adjusting business Charles Taylor Adjusting (CTA) has established a new office in Leeds specialising in professional indemnity. 16 November 2017
Insurance
Re/insurer XL Catlin has appointed Farzina Coladon as lead fine art and specie (FAS) underwriter in Canada. 16 November 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global survey of brokers and insurance executives designed to illustrate the competitive positioning of reinsurers and respondents’ main concerns in a rapidly changing industry. Here, we reveal the top challenges reported by reinsurance brokers across Latin America. 15 November 2017
Insurance
In the aftermath of recent natural disasters in the region, a new study on the landscape of microinsurance sheds light on its potential for building resilience among the poor. 15 November 2017
News
With new regulations in Mexico and Chile, an opening up of the Argentinian reinsurance market and an expected “lively” renewal season, it’s been busy time for Gen Re in the region. 15 November 2017
Alternative Risk Transfer
The series of earthquakes that took place in Mexico in September and their impact on the Fonden catastrophe (cat) bond may sour the appetite of insurance-linked securities (ILS) investors going forward. 15 November 2017
Insurance
Reinsurance rates in the Latin American region are sometimes lower than those in Europe, making it difficult for Sompo to justify the deployment of capital to the region. 15 November 2017
Insurance
High growth potential for the Latin American insurance market has attracted global re/insurers and brokers to the region through mergers & acquisitions (M&A), despite weak recent economic growth, according to consultancy firm EY. 15 November 2017
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