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Reinsurance
Selective underwriting, a clearly defined client base and aligning yourself with non-traditional capital are the key “ingredients of future success” in the property-cat space, Stephan Ruoff, chief executive of Tokio Millennium Re (TMR), told PCI Today. 27 October 2015
Insurance
The re/insurance market in Brazil is turning a corner as the government makes changes that will nurture growth, according to Marcelo Raposo, General Representative Brazil, Tokio Marine Kiln. 27 October 2015
Insurance
There is only a low probability that ratings of property/casualty insurance companies in Mexico will be affected by Hurricane Patricia, which made landfall on October 23 along Mexico’s west coast, rating agency Fitch has said. 27 October 2015
Insurance
One of the most challenging areas for re/insurance at present in Latin America is around major energy projects because the price of oil has made a number of these less viable, says Mike Methley, CEO of JLT Latin America. However, construction, aviation and marine are growing very strongly, he added. 27 October 2015
News
Competing brokers should bear some of the blame for the continuing softening of rates though their influence has also been reduced on some placements, Jean-Paul Conoscente, senior vice president and chief underwriting officer at SCOR treaty underwriting, told PCI Today. 27 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
Insurance
The competitive market landscape in the Latin America and Caribbean region’s insurance industry demands a reinsurer that can differentiate itself, says Diego Miagro, head of general liability facultative reinsurance for Latin America and the Caribbean for Berkley Latin America and Caribbean (BLAC). 26 October 2015
Insurance
Merger and acquisition (M&A) activity, alternative capital to the re/insurance market and the continued low frequency of windstorm catastrophe losses in the US are all on the radar for this year’s PCI meeting. 26 October 2015
Insurance
The continued soft market combined with the spectre of clients seeking even more rate cuts is the biggest worry of PCI delegates, according to an online poll of Intelligent Insurer readers carried out in the run up to the conference. 26 October 2015
Insurance
Risk modelling company RMS is preparing to back the expected business boom from public-private insurance collaborations by developing products to cater to the new marketplace. 26 October 2015
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