Posts Tagged ‘Portugal’

September 4th, 2013

Guy Carpenter Appoints PSG Executive for France, Iberia & Italy

Posted at 11:00 PM ET

Guy Carpenter announced that Dorothée Mélis-Moutafis will join Guy Carpenter as Managing Director in the firm’s Property Solutions Group (PSG) with specific responsibility for France, Iberia and Italy, effective September 6, 2013.

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January 24th, 2012

January 2012 Reinsurance Renewal: Portugal

Posted at 1:00 AM ET

Generally, reinsurance rates were flat to down slightly in Portugal at the January 1, 2012, renewal, even with cedents hit by increased mid-sized claims frequency. Capacity was sufficient at the renewal.

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February 3rd, 2011

Chart: Europe Property Catastrophe - Typical Rate on Line Changes at Jan 1

Posted at 1:00 AM ET



Click here to read the Executive Summary of Guy Carpenter’s report: Global Reinsurance Outlook: Points of Inflection; Positioning for Change in a Challenging Market >>

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January 19th, 2011

Guy Carpenter Establishes New Facultative Team in Iberia

Posted at 6:26 PM ET

Guy Carpenter & Company announced the formation of a new dedicated facultative team in Iberia. Alejandro Ramirez, Senior Vice President, Artur Castany, Senior Vice President, and Antoni Galí, Assistant Vice President, have joined Guy Carpenter as members of the new Iberian team, which also includes Marta Mateos, Vice President.

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January 19th, 2011

2011 Reinsurance Renewal Rates: Portugal

Posted at 1:00 AM ET

141x141jan1thumb19Reinsurance rates were generally flat for loss-free programs in Portugal at the January 1, 2011 renewal. Property catastrophe and property risk pricing were stable, as was workers compensation. Motor reinsurance was down 5 percent to 10 percent year over year. Loss-affected programs experienced similar pricing behavior. Property catastrophe pricing would have fallen but for heavy rains and flooding in Madeira.

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March 9th, 2010

Portugal Property Renewals at 1/1

Posted at 10:00 AM ET

Property lines price changes were flat in the Portugal market. Motor and Marine excess of loss lines without losses were notable for their average price increases in a range from 15 percent to 25 percent. Earned premium income is still decreasing due to the economic recession. Capacity is readily available and consolidation is increasing the already high market concentration and competitiveness.