News
Insurance
“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. 10 September 2019
Insurance
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. 10 September 2019
Insurance
Rating agency AM Best tells FIDES Today a tale of two very different economies: Guatemala, where there is consistent profitability, and Colombia, where insurers have adopted a cautious outlook despite a growing economy. 10 September 2019
Insurance
The market is moving in the right direction on rates but the landscape is becoming increasingly complex. Whatever the shape of the future Bermuda remains well positioned as a global risk hub, said panellists at the annual Bermuda:Re+ILS Monte Carlo Roundtable, in association with Markel Re. 10 September 2019
Insurance
The reinsurance market has entered a more promising era of hardening rates, but has still has a long way to go before progressing into a true hard market, according to IGI. 10 September 2019
Insurance
The reinsurance industry is not attracting the best people, according to 94 percent of respondents to the latest Intelligent Insurer renewals survey. 10 September 2019
Insurance
Insurance is a heavily regulated market which makes it very difficult for new entrants to severely disrupt it, according to James Willison, managing director at WCL, a technology vendor providing data transfer and messaging systems. 10 September 2019
Insurance
A few years ago there was plenty of talk about alternative capital being a major threat to the sector and something that was going to radically transform it. That view has changed, Robert DeRose, senior director, Global Reinsurance Ratings and Greg Carter, managing director, Analytics EMEA & AP, at AM Best, told Monte Carlo Today. 10 September 2019
Insurance
Karen Clark and Company (KCC) will offer full global coverage in its catastrophe modelling within 18 months, according to Karen Clark, the company’s founder. 10 September 2019
Insurance
Gossmann & Cie, the company formed by former DARAG chief Arndt Gossmann to develop a new capital management tool for insurers, will form a carrier on Malta by the end of the year, which will utilise the domicile’s protected cell company (PCC) regime to assume liabilities for its first clients. 10 September 2019
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