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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
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexander Montoya as president of US, Bermuda and LatAm, effective immediately. 9 September 2019
Insurance
As of January 2020 American International Group (AIG) will begin to affirmatively cover or exclude physical and non-physical cyber exposures for virtually all of its commercial property and casualty insurance policies, in an effort to address market concerns around silent cyber risks. 9 September 2019
Insurance
The rush to the Latin American region is losing its allure for some reinsurers, claims James Grieves, senior vice president and regional manager of the Latin America and Caribbean region at SCOR. 9 September 2019
Insurance
Hannover Re has been active with parametric coverage in the agricultural field for many years, and it is now focusing on the coverage in its property segments. 9 September 2019
Insurance
Collaboration between the public and private sectors is essential to bridge the gap between the potentially insurable and the insured, according to Luis Enrique Bandera, president of FIDES. 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
Insurance
The Latin American region is still not tapped to its full potential and is on the radar of GIC Re to expand its business, Alice Vaidyan, chairman-cum-managing director, GIC Re, told Fides Today. 9 September 2019
article
While the re/insurance industry remains an attractive proposition for investors, there is a renewed desire to achieve more consistent profitability based on technical underwriting, as Mike Mitchell of Swiss Re told Monte Carlo Today. 9 September 2019
Alternative Risk Transfer
Nephila Capital, the insurance-linked securities (ILS) specialist now owned by Markel, has received regulatory approval to establish its own Lloyd’s managing agency. Nephila Syndicate Management will launch on October 11, 2019. 9 September 2019
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