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Research and Markets: Reinsurance in Colombia, Key Trends and Opportunities to 2018
Business Wire - Thu Sep 25, 5:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/mv3b7g/reinsurance_in) has announced the addition of the "Reinsurance in Colombia, Key Trends and Opportunities to 2018" report to their offering.

Reinsurance in Colombia, Key Trends and Opportunities to 2018
M2 - Thu Sep 25, 4:19AM CDT
Research and Markets (http://www.researchandmarkets.com/research/qpf2bs/reinsurance_in) has announced the addition of the "Reinsurance in Colombia, Key Trends and Opportunities to 2018" report to their offering. Although the Colombian reinsurance segment recorded a robust compound annual growth rate (CAGR) of 46.2% during the review period (2009-2013), it is still in its early stages of development. In the absence of domestic insurers, the segment is dominated by foreign reinsurers such as Scor Re, Mapfre Re, Hannover Re, Munich Re and Axa Re. These companies function through brokers and their representative offices. Hannover Re and Munich Re operate through representative offices in Bogot? , while Swiss Re entered the country by acquiring a Colombian insurance company. On February 24, 2014, Swiss Re signed an agreement with specialty insurer Seguros Confianza, based in Bogot?, to acquire a 51% stake in the company. Through this partnership, the corporate clients of Confianza can gain access to commercial insurance products offered by Swiss Re. In June 2013, the government made financial regulations that permitted domestic companies to purchase insurance and make reinsurance arrangements with international companies not operating or established within Colombia. This will make the segment more competitive over the forecast period (2013-2018). Key Highlights - Although the Colombian reinsurance segment registered strong growth at a review-period CAGR of 46.2%, it is in its early stages of development. - The reinsurance segment is dominated by facultative reinsurance which accounted for 73.6%of the segment's written premium in 2013, a figure that is expected to fall to 65.1% in 2018. - The Colombian reinsurance segment posted a CAGR of 46.2% during the review period, where both treaty and facultative reinsurance registered positive growth. - In June 2013, the government permitted domestic companies to make reinsurance arrangements with international companies not operating, or established, in Colombia. This is likely to make the reinsurance segment more competitive. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Colombian Insurance Industry Attractiveness 4 Reinsurance Growth Dynamics and Challenges 5 Key Industry Trends and Drivers 6 Competitive Landscape and Strategic Insights 7 Business Environment and Country Risk 8 Appendix Companies Mentioned - Scor Re - Mapfre Re - Hannover R?ckversicherung AG (Hannover Re) - M?nchener de Colombia SA (Munich Re) For more information visit http://www.researchandmarkets.com/research/qp...surance_in

Swiss Re licences Intermap's InsitePro software in Brazil
M2 - Mon Sep 15, 8:25AM CDT
Intermap Technologies Corporation (TSX:IMP), (ITMSF:BB), a provider of location-based solutions, revealed on Monday that it has licenced its InsitePro software to global reinsurance company Swiss Re for use in Brazil.

Intermap's InsitePro® Software Licensed by Swiss Re in Brazil
PR Newswire - Mon Sep 15, 4:30AM CDT
Intermap Technologies (TSX:IMP), (ITMSF:BB), a leading provider of location-based solutions, today announced further details about a previously announced agreement (June 10, 2014) to license the Company's InsitePro(TM) software to an unnamed top 10 global reinsurer for use in a specific Latin American country. Today Intermap disclosed the customer to be Swiss Re, a global leader in reinsurance.

Swiss Re Corporate Solutions Names Andrew Lake Head of Accident & Health North America
PR Newswire - Mon Sep 08, 6:00AM CDT
Swiss Re Corporate Solutions names Andrew Lake as Senior Vice President and Head of Accident & Health North America. He succeeds Jeff Argotsinger who is retiring after 24 years with the company. Mr. Lake will be based in Chicago. His appointment takes effect immediately.

Reinsurance in Mexico, Key Trends and Opportunities to 2018
M2 - Wed Aug 27, 4:00AM CDT
Research and Markets (http://www.researchandmarkets.com/research/9jc438/reinsurance_in) has announced the addition of the "Reinsurance in Mexico, Key Trends and Opportunities to 2018" report to their offering. As the second-largest country in Latin America, the Mexican insurance industry has significant reinsurance opportunities, especially for foreign reinsurers. Mexico has the largest property and casualty reinsurance category in the region, the key drivers of which are Mexico's exposure to natural disasters, favorable risk retention regulations, large-scale government and corporate risk, and a lack of limits on inter-group cessions. Scope - It provides historical values for Mexico's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in Mexico's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Mexico and its growth prospects. Key Highlights - The segment's gross written premium increased at a review-period CAGR of 10.4%. - Mexican insurance companies are permitted to carry out reinsurance activities in the lines of business for which they are licensed by the Ministry of the Treasury and Public Credit (Secretar?a de Hacienda y Cr?dito P?blico) (SHCP). - The facultative reinsurance category dominated the segment and accounted for 72.1% of gross written premiums generated in 2013, while the treaty reinsurance category accounted for 27.9%. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Mexican Insurance Industry Attractiveness - Insurance Industry Size, 2009-2018 - Reinsurance Growth Dynamics and Challenges 4 Key Insurance Industry Trends and Drivers - Key Trends - Life Insurance Growth Drivers - Non-Life Insurance Growth Drivers - Personal Accident and Health Insurance Growth Drivers 5 Competitive Landscape and Strategic Insights - Mexico Istmo Reinsurance Company, SA de CV - Company Overview - Reaseguradora Patria S.A.B - Company Overview - RGA Mexico - Company Overview - Swiss Re Ltd - Company Overview 6 Business Environment and Country Risk - Business Confidence - Economic Performance - Infrastructure - Labor Force - Demographics 7 Appendix For more information visit http://www.researchandmarkets.com/research/9j...surance_in

Swiss Re Corporate Solutions names Kuno Linder as Country Manager Germany
PR Newswire Europe - Mon Aug 25, 4:36AM CDT
Swiss Re Corporate Solutions names Kuno Linder as Country Manager Germany. Mr. Linder will be based in Munich and be in charge of the company's interests in the German commercial insurance market.

Swiss Re Corporate Solutions Names Robley Moor as Head of Casualty North America; Daniel Vetter Becomes Global Head of Casualty
PR Newswire - Thu Aug 14, 8:00AM CDT
Swiss Re Corporate Solutions names Robley Moor as Head of Casualty North America. With this appointment, Mr. Moor becomes Managing Director. He succeeds Daniel Vetter, who is promoted to global Head of Casualty, in the Products & Global Markets unit of Corporate Solutions. Mr. Moor and Mr. Vetter will be based in New York City. Both appointments take effect immediately.

Reinsurance in France - Key Trends and Opportunities to 2018
M2 - Thu Aug 14, 6:11AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3cfcg8/reinsurance_in) has announced the addition of the "Reinsurance in France, Key Trends and Opportunities to 2018" report to their offering. France has a large and well-developed domestic reinsurance segment with the presence of both domestic and foreign reinsurers, advanced reinsurance tools and alternative capital products such as insurance linked securities (ILS). A high frequency of natural disasters adversely affected the French insurance industry during the review period (2009-2013). Avalanches, lightening storms and Tsunami warnings were reported in France during 2013. In 1982, the government established a catastrophic insurance program: Catastrophes Naturelles (CatNat). This is a mandatory program that covers major losses caused by natural disasters in the country. Scope - It provides historical values for France's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in France's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in France and its growth prospects. Key Topics Covered: 1 Executive Summary 2 Introduction 3 French Insurance Industry Attractiveness 4 Reinsurance Growth Dynamics and Challenges 5 Key Industry Trends and Drivers 6 Competitive Landscape and Strategic Insights 7 Business Environment and Country Risk 8 Appendix Companies Mentioned - Scor Reinsurance - Munich Re - Swiss Re - Hannover Re - Lloyd's France - RGA France - PartnerRe SA - Odyssey Reinsurance Company For more information visit http://www.researchandmarkets.com/research/3c...surance_in

Reinsurance in South Africa - Key Trends and Opportunities to 2018
M2 - Mon Aug 11, 10:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/kxqcrc/reinsurance_in) has announced the addition of the "Reinsurance in South Africa, Key Trends and Opportunities to 2018" report to their offering. The South African reinsurance segment grew steadily during the review period (2009-2013) despite the adverse impact of the global economic crisis, at a review-period CAGR of 6.9%. The segment was led by the treaty reinsurance category and performed a well-documented role in managing liquidity and capital of insurance companies. Scope - It provides historical values for South Africa's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in South Africa's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in South Africa and its growth prospects. Key Highlights - The insurance industry's robust review-period growth and the frequent occurrence of natural disasters, which forced insurers to share larger proportions of risk, drove growth in the South African reinsurance segment during the review period at a CAGR of 6.9%. - The South African reinsurance segment is concentrated, with the six leading companies accounting for a segmental share of 88.1% in gross written premium terms in 2012 - Treaty reinsurance led the reinsurance segment in 2013, representing 55.1% of written premium, while facultative reinsurance accounted for 44.9%. Key Topics Covered: 1 Executive Summary 2 Introduction 3 South African Republic Insurance Industry Attractiveness 4 Key Industry Trends and Drivers 5 Competitive Landscape and Strategic Insights 6 Business Environment and Country Risk 7 Appendix Companies Mentioned - Munich Re - Hannover Re - Hannover Life Re - General Re - African Re - Swiss Re Life - RGA Re - Scor Africa - Flagstone Re - Saxum Re For more information visit http://www.researchandmarkets.com/research/kx...surance_in

Reinsurance in Brazil, Key Trends and Opportunities to 2018
M2 - Fri Aug 08, 3:11AM CDT
Research and Markets (http://www.researchandmarkets.com/research/ctjdng/reinsurance_in) has announced the addition of the "Reinsurance in Brazil, Key Trends and Opportunities to 2018" report to their offering. Brazil's reinsurance segment is the largest in Latin America. As of 2014, 106 reinsurers operated in the segment. It is mandatory for insurers to cede at least 40% of reinsurance premium to local reinsurers; however, they cannot cede over 20% of their premium to foreign reinsurance affiliates. The country's oil exploration activities are an important business driver for the reinsurance segment. Reasons To Buy - Make strategic business decisions using in depth historic and forecast market data related to the Brazilian reinsurance segment and each sector within it - Understand the demand-side dynamics, key market trends and growth opportunities within the Brazilian reinsurance segment - Identify the growth opportunities and market dynamics within key product categories - Gain insights into key regulations governing the Brazilian insurance industry and its impact on companies and the market's future Key Highlights - Brazil's reinsurance segment is the largest in Latin America. - As of 2014, 106 reinsurers operated in the segment. - In 2008, the country's reinsurance segment was opened to domestic and foreign reinsurers, putting an end to the monopoly of the state-owned reinsurer, IRB Brasil Resseguros SA (IRB). - The Brazilian reinsurance segment is concentrated, with the leading 10 companies accounting for 71.4% share of the total gross written premiums in 2013. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Brazilian Insurance Industry Attractiveness 4 Reinsurance Growth Dynamics and Challenges 5 Key Industry Trends and Drivers 6 Competitive Landscape and Strategic Insights 7 Business Environment and Country Risk 8 Appendix Companies Mentioned: - IRB Brasil Resseguros SA - Lloyd's Reinsurance - Munich Re do Brasil Resseguradora SA - Zurich Resseguradora Brasil SA - Allianz Global Corporate & Specialty Resseguros Brasil SA - Austral Resseguradora SA - Mapfre Re do Brasil Companhia de Resseguros - Ace Resseguradora SA - J Malucelli Resseguradora SA - Swiss Re Brasil Resseguros SA For more information visit http://www.researchandmarkets.com/research/ct...surance_in

Reinsurance in the UK, Key Trends and Opportunities to 2018
M2 - Wed Jul 23, 8:18AM CDT
Research and Markets (http://www.researchandmarkets.com/research/lrv47g/reinsurance_in) has announced the addition of the "Reinsurance in the UK, Key Trends and Opportunities to 2018" report to their offering. The UK reinsurance segment grew at a review-period (2009-2013) compound annual growth rate (CAGR) of 0.7%. The treaty reinsurance category accounted for 55.0% of the total reinsurance written premium in 2013, followed by the facultative reinsurance category with the remaining 45.0%. Growth in the segment was mainly due to the changes in the regulator, government-sponsored infrastructure projects, and a rise in insurance frauds and claims, as more insurers are expected to take up reinsurance to cover claims. Growth was supported by the reinsurance ceded for large infrastructure projects and natural disaster protection. The segment's written premium value is subsequently projected to post a forecast-period (2013-2018) CAGR of 1.1%. Scope - It provides historical values for the UK's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period. - It offers a detailed analysis of the key sub-segments in the UK's reinsurance segment, along with market forecasts until 2018. - It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in the UK and its growth prospects. Key Highlights - The UK's reinsurance segment grew at a review-period CAGR of 0.7%. - The country's insurance industry is the largest in Europe and the third-largest in the world, accounting 6.3% of the global gross written premium in 2012. - Growth in the reinsurance segment was mainly due to changes in the regulator, government-sponsored infrastructure projects, and a rise in insurance frauds and claims. - The UK reinsurance segment is one of the most developed and fastest-recovering segments in Europe. Companies Mentioned - Allianz Global Reinsurance - Hannover Re Group - Lloyd's - Munich Reinsurance Co. (Munich Re) - Partner Reinsurance Ltd - SCOR Global Life Reinsurance UK Ltd - Swiss Reinsurance Company UK Ltd (Swiss Re) For more information visit http://www.researchandmarkets.com/research/lr...surance_in

A.M. BestTV: Urban Tornadoes; First Quarter Profits; Change at FM Global
Business Wire - Fri Jul 18, 11:18AM CDT
In this episode of A.M.BestTV, Megan Linkin of Swiss Reinsurance Company Limited (Swiss Re) assesses the potential impact of a major tornado striking Chicago, IL. Additionally, a new report from A.M. Best summarizes first-quarter 2014 profits in light of severe winter weather, and in this same episode, Shivan Subramaniam, FM Global Group's president and CEO, prepares to step aside. Linkin, Swiss Re's National Hazards Expert, stated, "If an EF-5 tornado should hit Downtown Chicago, it would cost the insurance industry $10-$20 billion the equivalent of the area being hit by a major hurricane, and although the insurance industry would be able to absorb the cost, the loss potential is staggering." Linkin also encourages not only the industry, but state and local governments in tornado-prone areas, to prepare for the possibility of an EF-5 tornado striking their area.

A.M. BestTV: Global Regulators Update Capital Plan; Life Sales Sag
Business Wire - Fri Jul 11, 2:02PM CDT
In this episode of A.M.BestTV, the International Association of Insurance Supervisors (IAIS) draws criticism after seeking an August 2014 deadline for comment on their updated capital requirements plan. Kurt Karl, chief economist of Swiss Reinsurance Company Limited (Swiss Re), details the state of world insurance growth. InsurBanc's President and CEO, David Tralka, outlines the coming wave of Baby Boomer led agency sales.

Birlasoft and Swiss Re Win 18th Annual Outsourcing Excellence Awards
PR Newswire - Tue Jun 17, 4:24AM CDT
Winner of 'Best Communication' category for creating best-in-class customer engagement

Jacques Aigrain Joins Warburg Pincus As Senior Advisor
PR Newswire Europe - Mon Mar 17, 3:01AM CDT
Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Jacques Aigrain as a Senior Advisor. Mr. Aigrain, who will be based in the firm's London office, will support the firm in the identification and evaluation of new investments, particularly in the European financial services sector, and provide strategic counsel across the firm's global portfolio.

A.M. BestTV: View from Washington; Winter Wave Proves Costly to Insurers
Business Wire - Fri Mar 14, 10:40AM CDT
In this episode of A.M. BestTV, a pair of Swiss Re executives discuss the 2014 winter storms, which began with the polar vortex disruption, that have caused steep insured losses. William Donnell, president of U.S. property/casualty at Swiss Re, discusses the types of losses the industry has seen past obvious property damage, including business interruption from travel disruptions. Greg Schiffer, chief property underwriter in North America at Swiss Re, said the losses have been exacerbated by broadened reinsurance terms and conditions. Historically, most winter storms were confined to events lasting 72 hours on excess of loss contracts. However, some agreements were changed at this year's January renewals to push the "hours clause" to an unlimited number of hours. Additionally, David Robinson, a professor in the Department of Geography at Rutgers University and who also serves as New Jersey's State Climatologist, discusses how the polar vortex disruption causes cold outbreaks in the United States. Click on http://www.ambest.com/v.asp?v=winter314 to view the program.




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