The gloves were off at the 7th Annual Reactions Latin America Re/Insurance Forum in Miami as representatives from three of the top cat modellers debated the accuracy of their estimates from last year’s hurricanes.
Reactions announced the winners of its 2018 Latin America Awards in the Four Seasons Hotel Miami on Thursday evening.
Changing corporate culture is not as easy as it may seem, but can insurtech firms teach incumbent insurers some lessons on how it’s done?
Only a third of claims have been paid out in Puerto Rico (pictured) following Hurricane Maria, setting the island up for further disaster if another hurricane hits.
JLT Specialty USA has a dedicated team in place and the funds available to boost its impressive growth with further mergers and acquisitions.
After walking away satisfied with its estimates for last year’s hurricanes, RMS is seeking to up the ante by seeking to estimate losses before a hurricane even hits.
Karen Clark & Co has estimated an insured loss of $2.5bn from the so-called ring of fire storms that hit the US in May.
Allstate's catastrophe losses in April were slightly higher than last year following a tame first quarter of 2018.
Japan's Sompo Holdings has set itself the target of doubling its 2018 consolidated ordinary profit after catastrophe losses hit its numbers for last year.
A major eruption of Mount Agnung in Indonesia could cause more than $70bn in economic losses, but insured losses are expected to be low.
Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
Developing products that actually meet the needs of those in emerging economies, as well as creating reliable and user-friendly ways of both paying premium and collecting claims, will all determine whether the multi-company multi insurance venture incubator is a success, says Aspen’s Mario Vitale.
Hiscox Re has scaled back at recent renewals, reducing its concentration on property catastrophe.
Novae can start considering acquisitions rather than being acquired since share value has soared above book value, Novae’s CEO tells Reactions.
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Interview: The National Flood Insurance Program (NFIP) is unsustainable, says Swiss Re’s Americas CEO Eric Smith. He and others are now suggesting that the private sector needs to take up some of the burden to ensure flood protection remains in the US.
Interview: Swiss Re’s Canada CEO believes consolidation among Canadian insurers will boost reinsurance demand as well as kick-start cat bonds. Insurers are also looking for reinsurance as a result of onerous new solvency requirements for BC earthquake.
In this month's Reactions