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Most countries are experiencing a longevity revolution, says Lucie Taleyson, head of the actuarial and marketing department of AXA Group Life Solutions within AXA France – and countries in Latin America need to plan accordingly. 27 October 2015
Insurance
Patria Re’s entry into the Lloyd’s Market, achieved via the launch of a special purpose syndicate (SPS) in partnership with the Ironshore-owned Pembroke Managing Agency, will allow the company to diversify and ultimately expand its presence in its home market of Latin America, Ingrid Carlou, chief executive of Patria Re, told PCI Today. 27 October 2015
Insurance
The American Association of Managing General Agents (AAMGA) has welcomed the news that Lloyd’s is to allow multi-year binding authority agreements of up to 36 months—a change that the AAMGA had wanted for many years. 27 October 2015
News
The recent increased intensity of cat events, mainly due to the effect of the El Niño phenomenon, is one of the major challenges facing the Latin American markets, says Cristian Velasco, general manager of THB Chile Re. 27 October 2015
News
Government efforts to counter the effects of declining oil prices by raising taxes for re/insurers will be a significant theme in the LatAm region over the coming year. That is the view of Daniel Duesterhaus, general manager for Central and South America at Hannover Re. 27 October 2015
Insurance
The re/insurance market must aim to expand and achieve a greater saturation of insurance buying globally, Adam Szakmary, the recently appointed chief executive officer of Blue Capital Management, told PCI Today. 27 October 2015
News
Closing the property protection gap is a key issue facing the global re/insurance industry, which must be addressed, Swiss Re executives Monica Ningen and Nancy Bewlay told PCI Today. 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
News
Reinsurance broker TigerRisk Partners has attracted many entrepreneurial executives who have helped it grow in the seven years since its formation, Mike Schnur, a partner at the broker, told PCI Today. 27 October 2015
Insurance
There will be unique opportunities for niche insurers in the Latin America and Caribbean (LAC) region over the coming year, says Eduardo Llobet, president of the Latin America operations of W. R. Berkley Corporation. 27 October 2015
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