Insurance sector legal counsel and policy holders shared perspectives on major industry trends and discussed cross-border challenges with Lex Mundi member firm lawyers from Europe, Asia, Latin America, and North America at the Lex Mundi Insurance and Reinsurance Cross-Border Legal Summit, held September 9-10 in Munich.
One of the participants in the Summit was Aaron Le Marquer, a consultant in the Tilleke & Gibbins dispute resolution department, who convened with panelists to go over international developments in the insurance and reinsurance industry. Sharing his extensive knowledge of these matters, Aaron, who once served as Assistant General Counsel to the regional headquarters of a significant global insurer, weighed in on key market trends and the regulatory frameworks in Thailand and other Asian jurisdictions. The panel, consisting of other Lex Mundi member firm lawyers, particularly focused its attention on new market entry norms (including operating restrictions and requirements in emerging markets), consumer protection, and general observations from their experiences representing clients
There is a lot of information available about the liabilities of publicly traded companies, as well as about the D&O insurance implications arising from those liabilities. It could be a bit of a challenge to locate the exact same of information concerning private companies. For this reason, it is fortunate that Advisen and AIG have teamed up to make a new report focused just on private companies.
The report, entitled “The Private Eye: Spotlight on the U.S. Private D&O Market” (here) provides a quick overview of the liabilities of directors and officers of private companies as well as of the private company D&O insurance marketplace. The report also incorporates useful information regarding private company D&O insurance buying patterns and the outcomes of a D&O insurance buyer survey. The report also incorporates a quick review of emerging exposures as well an analysis of D&O insurance pricing trends.
The report “The Insurance Industry in Morocco, Key Trends and Opportunities to 2017” by Timetric is available these days at RnRMarketResearch.com.com. Contact Agen with report name in subject line and your contact details to buy this report or get your questions answered.
The Moroccan insurance industry is one of many largest in the Arab region and the second-largest in Africa. Insurance penetration stood at 3.1% in 2012, as the premium per capita stood at MAD788.7 in the exact same year. Despite social unrest, low income levels, high urban unemployment and high poverty in rural areas, Morocco's insurance industry penetration was among the best in the region in 2012. The industry generated a written premium of MAD25.6 billion (US$2.9 billion) in 2012, after growing at a CAGR of 6.8% throughout the last 5 years. This growth was partly driven by favorable government strategies to expand the insurance industry, including compulsory provisions like the Contrat Programme in 2011. Growth was further supported by economic development, the expanding mortgage market, growth in the travel and tourism industry and the introduction of the Bancassurance channel.
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