Latin America
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April 12, 2022
Worldwide Broker Network adds four new members from Ireland and Brazil
Four new members have been added to Worldwide Broker Network (WBN) from Ireland and Brazil. The network has also announced…
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April 7, 2022
Management changes in Mexico for HDI Global
HDI Global has announced two management changes at its operations in Mexico, a growth market for the insurer and one…
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April 6, 2022
Resilience bonds uncertain but rising corporate interest in cat bonds likely: Sidley
Resilience bonds, which are catastrophe bonds with an incentive to invest in infrastructure by offering premium rebates, are being promoted…
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April 6, 2022
Latin America cargo MGA gets performance assessment from AM Best
Cargo Risk Corporation (CargoCorp), a Miami, Florida-based managing general agent (MGA) specialising in providing capacity for marine cargo lines in…
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March 22, 2022
Atradius reveals most promising emerging markets for 2022
The most promising emerging markets for international trade this year are Uruguay, Ivory Coast, Israel, Qatar and Taiwan, according to…
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March 14, 2022
Everest Insurance looks for growth outside Americas
Everest Insurance is to drive expansion forward in markets outside of the Americas and has appointed Jason Keen and Adam…
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March 9, 2022
Sompo International restructures insurance business for expansion
Sompo International has reorganised its insurance business with a new structure and new regional leaders. It said the strategic reorganisation…
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March 1, 2022
Expanding insurer appetite globally, but increased scrutiny and risk differentiation, says Aon report
In global terms, pricing increases have moderated and volatility has stabilised, with the most notable exception of cyber, according to…
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February 28, 2022
Germany commits further €21m to help vulnerable countries boost climate change risk management
The German government said today it will spend an extra €21m to better protect poor and vulnerable countries from the adverse…
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February 28, 2022
Credit and political risk losses doubled in 2021, says WTW
Credit and political risk insurance (CPRI) losses continued to rise in 2021 to $118.5m, more than doubling from the previous…
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February 21, 2022
New CEO Mercosul for Oneglobal Latin America
Nery Silva has been appointed as CEO Mercosul and chief strategy officer for Oneglobal Latin America. The broker said the…
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February 18, 2022
Structured credit and political risk insurance capacity grows, says Gallagher
Capacity for structured credit and political risk insurance (SCPR) in the Lloyd’s and London market has increased in 2022, according…
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February 15, 2022
Global insurance M&A activity growing, says Clyde & Co report
Global insurance mergers and acquisitions (M&As) grew in 2021, particularly in Europe and the Americas, and M&A activity is expected…
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February 14, 2022
New CEO of Andean region for Oneglobal Broking
Ernesto de Lima has been appointed as CEO of the Andean region, excluding Chile, by Oneglobal Broking. He will report…
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February 7, 2022
McLarens open Madrid office to serve clients operating in Latin America
Loss adjuster McLarens has opened an office in Madrid to serve Spanish and global clients with interests in Latin America.…
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February 3, 2022
Nat cats in 2021 caused about $116bn in insured losses (so far), says Gallagher Re
Last year saw insured losses from major natural catastrophes (excluding Covid-related losses) reach about $116bn, so far, according to the…
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February 3, 2022
Worldwide Broker Network appoints Colombian broker’s CEO to board
Enrique Acevedo, CEO of Colombian insurance broker Correcol has been appointed to the board of directors of the Worldwide Broker…
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February 3, 2022
Shipping schedule reliability hits record low as supply chains continue to struggle
The continued global supply chain problems caused by blockages and delays within ports show no sign of improving currently, according…
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February 2, 2022
Double-digit increases for global commercial insurance prices in Q4 2021
Global commercial insurance prices increased 13% in the fourth quarter of 2021, although the rate of increase continues to moderate…
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January 25, 2022
Little sign of ‘unprecedented’ supply chain delays easing in H1, says IHT Markit
Global production and supply chain disruptions have continued apace into 2022 and will come under increasing pressure from the ongoing…