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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
Marsh & McLennan (MMC) is to acquire a 34 percent share in South African insurance and investment consultant Alexander Forbes. The broker said the deal will broaden its exposure to the growth prospects present in South Africa and sub-Saharan Africa. 25 June 2014
Insurance
Capita Insurance Services has completed a transaction to finance the start–up of Pardus Holdings by taking a minority stake. 19 May 2014
Insurance
Steve Hearn, deputy CEO of Willis Group Holdings has been elected as chairman of the London & International Insurance Brokers’ Association (LIIBA), an association which represents insurance brokers in London and international markets. He succeeds Graham Clarke of Miller, who continues as deputy chairman of LIIBA. 17 March 2014
Insurance
Overcapacity in the international construction, property & casualty markets in the first half of 2014 has resulted in rate reductions of up to 30 percent for commercial insurance buyers, according to Willis. 16 July 2014
Insurance
The insurance industry must focus on attracting more Millennials into the industry and adopting their mind-set of sharing openly and working as a team. 15 June 2015
Insurance
While reasons for it may differ, Brazil, Colombia and Argentina are among top growth locations for re/insurance in Latin America. Intelligent Insurer reports. 10 October 2016
Alternative Risk Transfer
The ILS markets will continue to evolve and flourish with Bermuda front and centre of future development. That was the overall takeaway of the ILS Convergence 2018, held in Bermuda in October. 26 November 2018
News
Troubled Tower Group International, which was downgraded last year following the revelation of a substantial shortfall in its reserves, has agreed to merge with ACP Re, a privately-owned Bermuda reinsurer. 7 January 2014
News
For all the discussion of alternative capital entering the marketplace, the fundamentals of being successful in the reinsurance business remain the same, says Art Raschbaum, chief executive officer of Maiden Holdings. 20 October 2013
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