Three years of growth and seeking opportunity
Deutsche Rück started writing business in Latin America only three years ago—but has enjoyed a warm reception, says Florian Kummer.
It has been only three years since Deutsche Rück started writing business in Latin America. But it has enjoyed good growth and is seeing many more opportunities in the region, in part buoyed by the hard market, Florian Kummer, managing director, Latin America, told FIDES Today.
He said the business has built a technically sound book in that time in its target areas of writing reinsurance treaties, mainly in the mass and middle-market segments in traditional lines such as property and nat cat, engineering, casualty, marine and motor.
A sneak preview: more exclusive content and interviews inside
A sneak preview: more exclusive content and interviews inside
Aon unveils top 10 growth opportunities for insurers
As technology develops at lightning speed and global megatrends drive the world to change, re/insurers will need to seize the opportunities to enter new markets and offer new services.
Emerging “megatrends” such as climate change, artificial intelligence (AI) and the metaverse, are profoundly changing our world and will drive the re/insurance market of the future, according to Aon’s report “Transformative Trends”.