Latin America
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Generali Global Corporate & Commercial strengthens construction and engineering capabilities
Generali Global Corporate & Commercial (GGC&C) has enhanced its partnership with Protos Check, with a new agreement that the insurer…
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Global tensions can be eased through climate risk management, finds new report
Lloyd’s has published a new report that it says will help risk managers and insurers navigate the significant overlap between…
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Brokerslink shakes up board with four new directors
Global broking network Brokerslink has appointed four new board members, from Singapore, Turkey, Panama and Cameroon. The directors were confirmed…
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Cyber biggest risk in Allianz Barometer as pandemic fears recede
Cyber is the biggest business risk this year, knocking business interruption (BI) off the top spot into second place, with…
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Kroll names new MD to boost AML services
Governance, risk and transparency expert Kroll has appointed David Lewis, former executive secretary of the Financial Action Task Force (FATF),…
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Businesses must prepare for disorderly transition to net zero: WEF
Companies should prepare for a “disorderly transition” to a low-carbon economy, as climate change adaptation threatens to increase societal, economic…
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Premium volume down 12% in Latin American insurance market – Mapfre report
The Latin American insurance market saw an 11.9% decrease in premiums during 2020 to $134.361bn, of which 57% ($77.055bn) came…
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BMS Re appoints EVP of Latin America and Caribbean
Juan Carlos Gomez has been appointed as executive vice-president of specialist reinsurance broker BMS Re Latin America and Caribbean. According…
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Ardonagh buys MDS Group
Rapidly expanding broker Ardonagh Group is pushing into Europe with the acquisition of Portuguese firm MDS Group for an undisclosed…
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Hashtag campaigns drive political risk, warns WTW
New technology, and social media in particular, has grown to become a key political risk and driver of social unrest,…
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Neutral outlook for Latin American insurance sector from Fitch Ratings
The Latin American insurance sector has a neutral outlook from Fitch Ratings for 2022 in most markets. The ratings agency…
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Mapfre will pay $983m for Colombia dam: reports
Mapfre Colombia has agreed to pay $983.8m to Empresas Públicas de Medellín (EPM) for losses related to faulty construction at…
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BMS to acquire specialist Mexican reinsurance broker
BMS Group has agreed to acquire PWS Mexico, a specialist reinsurance broker based in Mexico City. BMS said the acquisition…
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Leading Latin America reinsurance specialist joins HFW as consultant
Margo Black has joined law firm HFW’s Latin America insurance and reinsurance practice as a consultant. Black is one of…
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A world of trouble for political violence insurers
The political violence insurance market, which covers businesses against damage caused by strikes, riots and civil commotion, is bracing itself…
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Geneva Association report urges insurers to address future risks of growing urban centres
Insurers have been urged to proactively engage in building the resilience of urban centres to the emerging risks of growing…
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AGCS reshuffles management to support ‘pivot to growth’
Joachim Mueller, CEO of Allianz Global Corporate & Specialty (AGCS), has taken another significant step in the overhaul of the…
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Pandemic drives one third of global workers to gig economy: MAXIS survey
More than one third of full-time global workers, at 35%, said they are more likely to switch to non-traditional work,…
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D&O pricing increases range from 30%-100% globally, GILC research finds
D&O liability pricing has risen in almost every country during 2021, with increases between 30% and 100% reported in countries…
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Ardonagh Group completes BGC Partners deal
Ardonagh Group has completed its $500m deal for the insurance operations of BGC Partners, which increases group revenues to $1.4bn…
