Latin America
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Howden buys Chilean retail insurance broker
Howden has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurance broker headquartered in Santiago, Chile. Felipe…
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Gard restructures across five business units
Maritime mutual insurer Gard is restructuring across five business units in a bid to be more client-focused and improve its…
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Dealmakers turn to M&A insurance amid tariff volatility
The US tariff announcement in April triggered a drop in demand for merger and acquisition (M&A) deals and an increased…
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Howden acquires Peruvian reinsurance broker
Howden has acquired a Peruvian reinsurance broker, Innova Re, adding to Howden Peru’s existing retail operations in the country, where…
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Users want more AI, ESG and CSRD functions in risk management information systems
Full AI integration is the next big step for risk management information systems, with buyers also wanting developers to add…
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Brazilian risks need to maintain access to global capacity after new law, says risk management association head
The head of Brazil’s risk management association has told Commercial Risk it is vital that insurance buyers in the country…
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Liberty Mutual Re launches parametric cover for Colombian farmers
Liberty Mutual Reinsurance (LM Re), part of the Liberty Mutual Insurance Group, has launched a parametric agriculture product to protect…
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Global risk managers report higher-than-expected supply chain losses
Less than 8% of global businesses believe they have full control over their supply chains, while 63% report higher-than-expected losses…
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Swiss Re’s Colombo named AIG CEO in Latin America
Angelo Colombo will become executive officer for AIG Latin America and the Caribbean (LAC) from 2 June. Colombo will be…
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Favourable pricing conditions in Americas expected to continue, says Aon
Pricing in North America is flat but there is softening in many parts of the market including Canada, US property,…
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Softening pricing trend spreads to more markets in Q1: Aon
Risk managers enjoyed a “growing softening trend” in the first quarter, as lower rates spread across wide “swathes” of the…
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World’s largest firms locate $1.14trn in assets in countries running highest climate risk
The world’s largest companies face growing financial exposure to the socio-economic impacts of climate change, according to Verisk Maplecroft. Publishing…
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Americas seeing generally positive buyer conditions
Favourable conditions for buyers are continuing across many lines of coverage in North America, while Latin American market conditions are…
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US tariffs set to increase insurance costs for firms across the world
New US tariffs laid out by President Donald Trump are set to increase insurance rates for companies across the world,…
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New insurance law worries buyers but could boost risk management in Brazil
A new insurance law is worrying commercial insurance buyers in Brazil and may restrict access to capacity but could end…
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Corporate polluters in spotlight as case against RWE progresses
The German Higher Regional Court of Hamm has concluded hearings in Peruvian farmer Saúl Luciano Lliuya’s landmark climate case against…
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BMS completes deal for Spanish broker Rasher
BMS Group has completed the acquisition of Spanish insurance broker Rasher and its Latin American subsidiaries. Rasher specialises in surety,…
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Class action closes against BHP for Brazil dam collapse
The High Court in London heard closing arguments yesterday before retiring to decide if Australian mining firm BHP Group should…
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Crisis management challenges: threats, repatriations and kidnap
A quarter (26%) of all incidents reported by clients last year to Alert:24, the in-house risk advisory and crisis support…
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WTW records 21% drop in crisis notifications
WTW reports a 21% fall in the number of client incident notifications to its risk advisory and crisis support service…