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Tough competition, evolving regulations, continuing reforms and natural catastrophes characterise the Latin American re/insurance market, says K Sanath Kumar, chairman-cum-managing director for GIC Re. 26 October 2015
Insurance
Commercial insurance rates will further soften while industry consolidation will present challenges to insurance buyers in 2016, predicts Willis in its 2016 Marketplace Realities report. 26 October 2015
Insurance
There has never been a better time to be creative with and optimise capital, Bryon Ehrhart, chief executive of Aon Benfield Americas, told PCI Today. 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
Insurance
A one-size-fits-all regulatory approach and global regulatory convergence more generally is a big concern for the US property/casualty (P&C) industry, Jim Wallace, incoming chair of PCI and the chief executive of GuideOne Insurance, told PCI Today. 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
Alternative Risk Transfer
Brad Kading, the chief executive of the Association of Bermuda Insurers and Reinsurers (ABIR), has welcomed the arrival of new players in the Bermuda marketplace that have boosted ABIR member numbers previously reduced through the effects of merger and consolidation. 26 October 2015
Insurance
Insurance companies in the US are facing such an unprecedented plethora of disruptive forces that their leaders have no choice but to try to look over the horizon, adapt and see the opportunities in this changing landscape, David Sampson, president & chief executive of the Property Casualty Insurers Association of America (PCI), told PCI Today. 25 October 2015
Insurance
The ability of cyber attackers to move quickly and target new sectors and markets almost at will is hampering effective product development, according to the head of one major re/insurer. 23 October 2015
News
Hemispheric Reinsurance Group has secured the status of a Lloyd’s Coverholder underwriting general liability business under a binding authority led by Tokio Marine Kiln Syndicate 510. 23 October 2015
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