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Apollo CEO David Ibeson was also in the running for a seat on Council.
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The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.
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Liès called for the industry to have a louder voice to promote greater insurance literacy across sectors.
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The sector’s recent achievements have flown below the radar, despite huge value creation.
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An insurability crisis could pose systemic risks that undermine the foundations of finance.
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Regulators do too little to distinguish between generalists and specialists, he said.
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How do struggling governments across the globe tackle stagnating economic growth?
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The financial services growth strategy could be “turbo-charged” by involving brokers, it said.
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Differentiating Lloyd’s claims performance could help drive business to the market.
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The report seeks to arm parliamentarians and policymakers with “practical tools”.
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The governor has yet to sign a pending bill to create a public cat model.
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Without flexible mechanisms the Corporation risks suppressing transactions.
