Dr. Christoph Lamby of R+V Versicherung AG details the risks facing global reinsurers. Lamby sees opportunities in Asia, marine and other areas.
According to James Kent, president, Willis Re North America, the influx of new capital into the reinsurance market has created more change in the past three to five years than in all prior years.
Dr. Steven Weisbart, chief economist with the III, said the insurance industry handled claims from Sandy well. Weisbart said the biggest surprise was how many people purchased flood insurance afterward.
Paul Koronka, CEO, Regis Mutual Management Ltd., said his organization continues to form new mutual insurance companies but solvency regulations mean taking new approaches to their structure.
The outlook for reinsurance in Argentina is discouraging, but growth and construction in Colombia and Panama mean Latin America remains an area of rising opportunity, accoring to Javier Vijil.
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