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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
News
Reinsurance rates continue to fall as increased competition from alternative markets, strong reinsurer balance sheets and low loss experiences continue. 3 June 2014
News
Indian reinsurer GIC Re posted a solid set of results for the fiscal year 2014, as its profits and gross premiums jumped. 1 June 2015
Insurance
The Lloyd’s Three-Year Plan 2012–2014 is designed to make the market more efficient and streamlined, and will also mean many opportunities for software providers, says Francis Fortunato. 1 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
Awards
Large reinsurance buyers are increasingly replacing mid-tier reinsurers on their panels with collateralised coverage or larger ILS deals while also retaining more risk – but they are also forming closer and deeper relationships with their bigger reinsurance partners. 28 February 2014
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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