News
Insurance
“Carriers—in fact the entire insurance vertical—have been caught off-guard by the need for high-resolution, relevant exposure data,” says Jason Futers, chief executive officer of Insurdata. 11 September 2019
Insurance
Products and penetration in the Latin American life reinsurance market are not as mature as those in the US and some of European countries, creating “unique opportunities” for double-digit growth in certain Latin American countries, such as Brazil. 11 September 2019
Insurance
Technological change will be primarily driven by consumer demand and not by internal initiatives, says John Spears, vice president, business development and marketing at Global Excel, a provider of healthcare risk management solutions. 11 September 2019
Insurance
The withdrawal of some carriers from the Miami market is sending a strong message to the Latin American underwriting community that some international re/insurers are adopting a more conservative approach to business in the region, according to BMS. 11 September 2019
Insurance
As the global economy slows, geopolitical tensions heighten and Amazon rainforest wildfires rage, we still can find some hope in the disruptive world of digitisation, Ingrid Carlou, chief executive officer of Carlou Consulting, told FIDES Today. 11 September 2019
Insurance
Regulatory changes in Latin America are pushing local insurers to leverage catastrophe risk models in-house, making them better able to compete with global insurers who have long had access to models. 11 September 2019
Alternative Risk Transfer
The retro market has felt the impact of market changes in appetite and capacity across the Latin American region, Julian Vereker, head of group marketing at THB, told FIDES Today. 11 September 2019
Insurance
While the Latin American re/insurance market is showing less drastic changes in pricing than London, when you’re facing more acute exposures, London is the place to go, according to Mar Salom, who leads Miller’s newly formed Latin American property team. 11 September 2019
Insurance
With a lack of global players, the Bolivian insurance market differs greatly from that of Brazil, where local reinsurers must compete against each other and large companies with a wide array of offerings. AM Best speaks to FIDES Today. 11 September 2019
Insurance
Swiss Re’s group chief economist Jerome Jean Haegeli urges re/insurers to do things differently to narrow the $1.2 trillion protection gap. 11 September 2019
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