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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
Alternative Risk Transfer
The second quarter of 2014 saw some record-breaking figures and significant milestones in the ILS market. Paul Schultz, CEO at Aon Benfield Securities, talks to Intelligent Insurer about new perils, first-time currencies and extending into new sectors. 29 July 2014
News
Berkshire Hathaway has reported an underwriting profit for the 12th consecutive year. Its profit hit $2.7 billion in 2014. 2 March 2015
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
Insurance
Gloucester-based insurer Ecclesiastical has reported a pretax loss of £7.7 million, with the result severely impacted by catastrophe events in Australasia. 21 March 2012
Insurance
Many international insurers and reinsurers remain embroiled in litigation that resulted from the financial meltdown, as Michael Barr explained to Intelligent Insurer. 1 September 2013
Insurance
Global reinsurers are piling into India in search for growth, but this is likely to increase competition in an already soft market, according to experts speaking to Intelligent Insurer. 6 February 2017
Alternative Risk Transfer
2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks. 28 March 2018
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
While Europe’s reinsurers broadly support the implementation of Solvency II and understand its benefits, there is also disappointment in some quarters that some areas of the legislation flagged up as ill-adapted to reinsurance activity have still not been dealt with, and further improvements are required. 20 October 2014
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