Even Sandy Could Not Spur Flood Cover Take-Up

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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.

 

Solvency II Hinders, New Capital Helps Mutual Startups

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.
 

Transatlantic Re Exec Reviews the Latin American Market

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.
 

R+V Exec: All Reinsurers Feel Underwriting Pressure

Dr. Christoph Lamby of R+V Versicherung AG details the risks facing global reinsurers. Lamby sees opportunities in Asia, marine and other areas.
 

ICMIF Exec: Mutuals Continue to Gain Global Share

Shaun Tarbuck, Chief Executive at the International Cooperative and Mutual Insurance Federation, reports that mutual and cooperative insurers have gained three points of market share in the past seven years.

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