News
Insurance
Bermuda-based re/insurer and run-off specialist Enstar Group has agreed a deal to acquire $156.2 million of run-off portfolios from the Australian branches of Munich Re’s Great Lakes Insurance and HSB Engineering Insurance. 11 September 2019
Insurance
Reinsurance broking and risk/capital management firm TigerRisk has appointed Third Point Re's Manoj Gupta as new chief operating officer (COO), based in New York. 11 September 2019
Insurance
Many countries began the year with fiscally conservative and business-friendly administrations, following regional elections, but domestic challenges remain, Mathias Jungen, head of reinsurance Brazil and the Southern Cone at Swiss Re, has told FIDES Today. 11 September 2019
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
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