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Insurance
David Hertzell, law commissioner for commercial and common law, will become the new independent chair of the Chartered Insurance Institute’s (CII) Professional Standards Board (PSB), succeeding David McIntosh QC (Hon) who will complete his tenure at the end of this year. 14 November 2013
article
The importance of liability insurance in Latin America is increasing as individual purchasing power and demand for goods and services such as energy, transportation and schools grows says Thais Kirschner, senior vice president of operations for Latin America at Liberty International Underwriters (LIU). 12 November 2013
News
Reinsurance rates continue to fall as increased competition from alternative markets, strong reinsurer balance sheets and low loss experiences continue. 3 June 2014
Insurance
Germany insurer Allianz has revealed an extensive investment programme to boost its presence across Africa. It has hired five new senior executives in the continent since the start of 2013 and the company is targeting Sub-Saharan Africa in particular, where it anticipates strong growth. 18 March 2013
News
German reinsurer Hannover Re has announced that it intends to change its legal form to a European public limited company or Societas Europaea (SE). 14 March 2012
News
An abundance of reinsurance capacity and intense competition led to further rate declines in the Australian market at the mid-year renewals, according to a report by Marsh. 19 August 2014
News
With competitive conditions now a major issue all over the LatAm region, merger and acquisition (M&A) activity is increasingly forcing out smaller insurance players, says Salvatore Orlando, head of high growth markets for PartnerRe. 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
Alternative Risk Transfer
Cyber re/insurance can be opened up to ILS investors but the underlying risks must be properly understood before they can be modelled, says Sciemus CEO Rick Welsh. 21 July 2016
Insurance
Reinsurers with internal capital models approved by regulators will have a competitive advantage over their rivals due to the flexibility this will offer in the way they allocate capital, Denis Kessler, chief executive and chairman of SCOR, told Baden-Baden Today. 21 October 2015
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