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Searching Content indexed under Reinsurance by M. Millett ordered by Published Date Descending.
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1
Latin America’s Most Expensive Insured Event Ever? Compliance And Coverage Issues Begin To Emerge As Reinsurers Continue To Estimate Impact Of Chile Earthquake
Even if the insured losses from the Chile earthquake fall in the mid-range of current estimates of between US$ 2 billion and US$ 8 billion, it will outpace Hurricane Wilma as the most expensive insured event in Latin America’s history, according to a release by reinsurance broker Cooper Gay.
Chile
25 May 2010
2
Latin American Insurance And Reinsurance Trends: A Crackdown On "Grey Market" Practices
2009 saw several local regulators step up efforts to contravene "grey market practices," that is activities prohibited by local law but previously engaged in by many foreign companies.
United States
12 May 2010
3
Latin American Insurance And Reinsurance 2009 Recap: Beyond The Usual Suspects--Growth In Unexpected Places
In the last year, the overall Latin American insurance market has continued to experience robust growth, estimated at 7.4% by Fundacion Mapfre for the first half of 2009 over the first half of 2008.
United States
16 Mar 2010
4
Latin American Insurance And Reinsurance Trends: Anti-Corruption Enforcement
A recurrent issue for foreign insurance and reinsurance companies active in Latin American in the last few years has been anti-corruption compliance, both as a compliance issue and an underwriting tisk.
United States
12 Mar 2010
5
Latin American Insurance And Reinsurance Trends: Microinsurance
Approximately one-fourth of Latin America’s 569 million residents live on less than $2 per day, and many Latin Americans do not have any type of insurance.
United States
12 Mar 2010
6
Insurance And Reinsurance In Venezuela: Government Encroachment In A Booming Market
Venezuela remains an enticing and daunting jurisdiction in 2010, as the government continues to intervene in the financial services and other major industries and the insurance industry faces the prospect of a new comprehensive insurance law.
Venezuela
10 Mar 2010
7
Growing Pains In A Newly "Opened" Reinsurance Market
Over the last year, we have discussed in detail the operation of "cession limits" and "right of first refusal" such that the "opening" of the Brazilian reinsurance market clearly had its limits.
Brazil
10 Mar 2010
8
The Newly Opened Costa Rican Insurance And Reinsurance Market: A Mini-Brazil?
In August 2008, Costa Rican President Dr. Oscar Arias Sanchez signed into law Costa Rica’s new Ley Reguladora del Mercado de Seguros, thereby ending the Instituto Nacional de Seguros’ (INS) more than eighty-year-old monopoly over the country’s insurance industry.
Costa Rica
10 Mar 2010
9
Free Webinar: ¿Seguro? Opportunities And Risks For (Re)Insurers In Latin America In 2010 And Beyond
The Insurance and Reinsurance Department of Edwards Angell Palmer & Dodge is holding a 60 minute complimentary webinar entitled "¿Seguro? Opportunities and Risks for (Re)Insurers in Latin America in 2010 and Beyond" on Tuesday, February 23, 2010 at 10:00
United States
23 Feb 2010
10
Latin American (Re)insurance Update: Industry Growth In Colombia And Mexico
Total premiums for the previous twelve months as of the end of September 2009 reached US$ 5.35 billion, up US$ 462.16 million (9.46%) over the twelve month period ending September 2008.
Colombia
18 Feb 2010
11
Government's Threatened Tax Increase May Cause Exodus Of Reinsurers
The Salvadoran Insurance Association (ASES) is warning that a proposed tax increase on reinsurance premiums may cause a mass exodus of reinsurers, leaving the nation under-protected in the event of a natural disaster.
El Salvador
18 Feb 2010
12
Latin American Insurance And Reinsurance 2009 In Review: Liberalization, Development And "Reform" In The Face Of The Global Economic Downturn
2009 was an eventful year for the Latin American (re)insurance markets, with local factors and varying exposures to the global economic downturn leading to tremendously different results, trends and regulatory initiatives in the various countries.
Brazil
12 Feb 2010
13
IRB Maintains Local Reinsurance Market Share Of 78.5%, But Earnings Down 58.5% For First Eight Months Of 2009
IRB-Brasil Re, the government-controlled former monopoly holder in Brazil's reinsurance market has maintained a 78.5% share of the market's local reinsurance premiums since the market's opening, but perhaps at a significant cost to its bottom line.
Brazil
9 Feb 2010
14
Foreign Reinsurers Receive Greater Access To Brazilian Market
As of Sunday January 17, 2010, foreign reinsurers will be permitted access to a larger portion of the Brazilian reinsurance market as local reinsurers' right of first refusal will be reduced from 60% of risks in the market to only 40%.
Brazil
2 Feb 2010
15
QBE Expects 7.14% Premium Growth For Latin American Operations In 2009; ACE's Latin American Life Insurance Premiums Up 85%
QBE Insurance Group recently stated that the company expects its gross written premiums from Latin American operations to grow by 7.14% for the year 2009.
Mexico
22 Dec 2009
16
Significant Recent Developments In The Latin American Insurance And Reinsurance Markets
At 1:21 p.m. local time on January 8, 2008, an earthquake measuring 6.2 on the Richter scale occurred in the Central American country of Costa Rica. It left 18 people dead, 40 missing and hundreds injured.
United States
22 Jan 2009
17
Argentina: Major Insurance And Reinsurance Developments In 2008
Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Argentina stands out as particularly significant given the size of the market involved and the fundamental nature of the developments seen there in the past year.
Argentina
22 Jan 2009
18
Major Insurance and Reinsurance Developments in 2008
Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Brazil stands out as particularly significant given the size of the market involved and the fundamental nature of the developments seen there in the past year.
Brazil
22 Jan 2009
19
Major Insurance and Reinsurance Developments in 2008
Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Chile stands out as particularly significant given the size of the market involved.
Chile
22 Jan 2009
20
Major Insurance and Reinsurance Developments in 2008
Although all of the jurisdictions had notable regulatory and market developments in 2008, Costa Rica stands out as particularly significant given the the fundamental nature of the developments seen there in the past year.
Costa Rica
22 Jan 2009
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