Greg Lockard, reinsurance manager, Shelter Re, discusses how the impact of alternative capital is being felt in terms, conditions and timing of reinsurance arrangements.
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.
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.
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.
Clive O'Connell of the firm of Goldberg Segalla outlines the features of insurance linked securities that prove to be a draw for mutual insurers. But the relationship-based nature of reinsurance may offer advantages, he said
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