News
Insurance
VIG Re is mounting an expansion beyond its core markets based on its intimate knowledge of markets and its low cost ratio, chairman Johannes Martin Hartmann and Peter Thirring, member of the managing board, told Monte Carlo Today. 11 September 2019
Insurance
Jesus Palacios, director of financial institutions ratings at S&P, told FIDES Today that merger and acquisition (M&A) activity in Latin America this year will be “opportunistic” in most markets or where regional operations are part of the package in larger deals among international players. 10 September 2019
Insurance
“The whole market wants Lloyd’s to succeed and it is widely recognised that Lloyd’s unique attributes are more relevant than ever today. We are not underestimating the size of the challenge ahead of us,” Daniel Revilla, head of Latin America at Lloyd’s, told FIDES Today. 10 September 2019
Insurance
Pro Global says it will manage at least 10 managing general agents (MGAs) by the end of the year, a 25 percent increase on the eight it currently manages. 10 September 2019
Insurance
The market is moving in the right direction on rates but the landscape is becoming increasingly complex. Whatever the shape of the future Bermuda remains well positioned as a global risk hub, said panellists at the annual Bermuda:Re+ILS Monte Carlo Roundtable, in association with Markel Re. 10 September 2019
Insurance
Xceedance has a global footprint of service and insurtech, but also understands regional nuances and appreciates the challenges its clients face in specific markets, George Freimarck of Xceedance told Monte Carlo Today. 10 September 2019
Insurance
Cyber continues to grow globally but with some stark regional differences and re/insurers are increasingly aware of silent cyber, as Luke Foord-Kelcey of Aon’s Reinsurance Solutions told Monte Carlo Today. 10 September 2019
Alternative Risk Transfer
Industry veteran Dirk Lohmann, who now heads the insurance-linked securities (ILS) business of global asset management group Schroders, is exploring the possibility of launching a new reinsurer on Bermuda with a minimum of $500 million in capital. 10 September 2019
Insurance
For Roberto McQuattie, president of Latin America at Crawford & Company, there are three broad trends that the re/insurance industry must look out for in the rapidly expanding Latin American region. FIDES Today finds out more. 9 September 2019
Insurance
Backed by China Re, the world’s eighth largest reinsurer, Chaucer has set its sights upon significant expansion across the Latin American region. 9 September 2019
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